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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.

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Socure - Latest News and Updates

• On March 3, 2025, Socure launched its AI Copilot to enhance its Global Watchlist Screening and Monitoring solution, significantly reducing false positives and improving compliance efficiency.
• Socure launched its first AI-powered assistant, AI Copilot, to enhance its Global Watchlist Screening and Monitoring solution, improving speed, accuracy, and efficiency in handling sanctions and adverse media matches.
• Socure is hosting an invite-only VIP Dinner and a Lunch & Learn session at MRC to discuss fraud trends and identity verification innovations, as announced by Benjamin Litjen, VP Global Partnerships & Alliances, on March 5.
• Socure improved USPS address verification by using advanced cross-referencing to enhance identity verification and AML compliance, reducing false positives from 0.5% to 0%.
• Yendo improved its onboarding process and compliance by using Socure's identity verification and fraud prevention solutions, achieving a 25% reduction in manual reviews and a 95% conclusive decision rate.

• Robert Autrey has left Socure, where he served as a Senior Solution Consultant in the United States, to join BioCatch as the Director of Global Advisory for North America.
• Socure's Head of Document Verification Deepanker Saxena highlighted in a Bloomberg article that manipulated selfie fraud cases have surged from 21 to over 4,500 per week in 22 weeks due to generative AI.
• Evans, with over 20 years of experience in identity verification, fraud prevention, and risk management, has held leadership roles at Socure, Trulioo, and ID Analytics.
• Socure reports that bad actors are increasingly using social media selfies and generative AI to create more realistic fake IDs.

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