Socure | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Socure is the leading platform for digital identity verification and trust, utilizing predictive analytics, artificial intelligence,...
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Socure is the leading platform for digital identity verification and trust, utilizing predictive analytics, artificial intelligence, and machine learning to verify identities in real time. The company serves over 2,000 customers across various industries, including financial services, government, and e-commerce, and has received numerous accolades for its innovative solutions in fraud detection and compliance.
Website
Headquarters
Incline Village, Nevada
Size
501-1000 employees
Industry
Software Development
Specialities
Fraud Detection, Anti-Money Laundering, Document Verification, Know Your Customer, Identity Verification, Synthetic Identity Fraud Capture, Synthetic Identity Fraud , KYC, AML, CIP, Digital Trust, Fraud Prevention, Cybersecurity, Compliance, Regulations
ποΈ Socure Product and Pricing News β
π Socure CEO, Management and Leadership Team β
βοΈ Socure Alternatives and Competitors β
πΌ Socure Hiring and Layoffs β
π€ Socure Developer, Integration and Automation News β
π Socure Financials, Fundraising and Valuation News β
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ποΈ Socure Product and Pricing News
- Socure plans to launch RiskOS, a new no-code orchestration and decisioning platform, to enhance identity decision-making across the customer journey in 2025, as announced by CEO Johnny Ayers.
- Socure will participate in the Fintech Meetup with a booth (#1423) and host a Lunch & Learn session for fintech leaders on February 19.
- Socure won the 2025 SLEDIE Award for Most Engaging Webinar and Industry Leadership.
- Socure achieved 42% year-over-year customer growth, expanded 193% in the public sector, and was recognized as a leader in Gartnerβs 2024 Magic Quadrant for Identity Verification.
- Socure CEO Johnny Ayers applies leadership lessons from his college sports experience to foster a culture of learning from mistakes, contributing to the company's recognition as one of Inc.'s Best Places to Work.
- Socure developed a two-score model for watchlist screening that improved accuracy and won an Innovation Award, as shared by Debra Geister, Head of Regulatory Compliance Business Lines.
- Socure's latest research report highlights that first-party fraud in online gaming, especially during the Super Bowl, is a significant issue with 1 in 10 Americans disputing losing bets, leading to potential annual losses of $2.8 billion.
- Socure's CEO Johnny Ayers reported that their models easily detected a recent fraud attack exploiting nearly 10,000 identities from a 2024 Massachusetts data breach.
π Socure CEO, Management and Leadership Team
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Executive Director
[email protected]
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Chief Technology Officer
[email protected]
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Founder, President & CEO
[email protected]
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Chief Financial Officer
[email protected]
βοΈ Socure Alternatives and Competitors
- ID.me |
- AWS Secrets Manager |
- LifeLock |
- Onfido |
- Sift |
- Lightico |
- LastPass |
- 1Password |
- Bureau |
- iDenfy |
- FiVerity |
- HyperVerge |
- Ondato |
- Sumsub |
- SEON |
- Persona |
- Fraud.net |
- AU10TIX |
- Accertify |
- DemystData |
- G2 Web Services |
- SIGNIFYD |
- Plaid |
- Udentify |
- MetaMap |
- Sila |
- ARGOS |
- Berbix |
- Jumio |
- Trust Swiftly |
- Ekata
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πΌ Socure Hiring and Layoffs
- Socure has appointed Barrett Young as the new Chief Marketing Officer to drive growth and expand market presence.
- Thomas C. has joined Socure as Director of Global IT Services from Webflow, where he was Senior Manager IT Experience in the United States.
- Socure has appointed Sudeep Dasgupta as the new Head of Design, bringing experience from Meta, eBay, VMware, and Google.
- Socure is currently hiring a Principal Technical Program Manager in India.
- Socure is currently hiring for the position of Head of Developer Experience in the United States (Remote).
- Shatul Mangla has joined Socure as a Principal Product Manager in the United States, previously serving as Senior Director of Product Management at Equifax.
- Socure has strengthened its leadership team by hiring Krisan Nichani as Head of Product Strategy and Josh Simpson as Head of Customer Success.
- Socure announced the addition of three new executives, including Krisan Nichani as Head of Product Strategy and Josh Simpson as Head of Customer Success, to drive innovation and hypergrowth.
π€ Socure Developer, Integration and Automation News
- Socure has partnered with Okta to enhance identity verification and fraud prevention for federal agencies, with a webinar featuring Socure's Head of Public Sector Jordan Burris on January 29th.
- Socure has shifted its mission focus from 'equity' to 'access' and replaced Equifax Inc. and Public Consulting Group with Allocore as a reseller.
π Socure Financials, Fundraising and Valuation News
- On January 28, 2025, Socure's CTO Arun Kumar discussed the company's rapid growth, serving over 2,700 customers including major U.S. banks, and its acquisition of Effectiv to enhance integration and efficiency.
- Socure is enhancing its risk management capabilities by acquiring Effectiv to integrate continuous lifecycle monitoring with its existing point-in-time checks.
- In 2024, Socure achieved record growth by doubling identity verifications to over 2.7 billion, increasing GAAP revenue by 54%, and significantly enhancing fraud detection and verification accuracy.
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