---

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

---

Socure

🌎 socure.com

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.

---

Socure - Latest News and Updates

• Socure has appointed Barrett Young as the new Chief Marketing Officer to drive growth and expand market presence.
• Socure has shifted its mission focus from 'equity' to 'access' and replaced Equifax Inc. and Public Consulting Group with Allocore as a reseller.
• 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.
• 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.
• Socure achieved 42% year-over-year customer growth, expanded 193% in the public sector, and was recognized as a leader in Gartner’s 2024 Magic Quadrant for Identity Verification.

• 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 has appointed Sudeep Dasgupta as the new Head of Design, bringing experience from Meta, eBay, VMware, and Google.
• 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 Chief Revenue Officer Matthew Thompson led a motivational boot camp at the company's Sales Kick-Off event this week.

---

Sign up to receive regular updates

If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.