Socure | Latest News & Updates - Apr 10, 2025 Release
Ravi Sandepudi, Head of Platform at Socure, announced that five months after Effectiv's acquisition by Socure, they have launched five live use cases on their combined platform, significantly reducing time to value from months to days...
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Socure
🌎 socure.comSocure 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.
Socure - Latest News and Updates
- Ravi Sandepudi, Head of Platform at Socure, announced that five months after Effectiv's acquisition by Socure, they have launched five live use cases on their combined platform, significantly reducing time to value from months to days.
- Julia Bonaventure has left Socure, where she served as Director Organizational Effectiveness, to join Techneaux Technology Services as Director of Talent Acquisition in the United States.
- California community colleges paid Socure over $250,000 to help detect fraud in student applications.
- Socure's SDR team increased their total opportunity value by 170% from 2022 to Q1 2025 by using AI tools like ChatGPT to enhance productivity despite reducing team size.
- Socure's Sigma Synthetic Fraud model, which analyzes SSN metadata and behavioral patterns, is up to 6 times more accurate than top providers, helping a top retail bank save ~$27M in annual fraud losses and gain $20M in revenue from false positive reduction.
- Under Vybhav Reddy Kammireddy Changalreddy's leadership, Socure transformed its identity resolution system, enhancing accuracy and strengthening its fraud prevention strategy.
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