Tagged: socure

September 21, 2023 @ 12:11 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has achieved 376% revenue growth from 2019 to 2022 and appointed seasoned technology professional Aaron Barfoot as the company’s new Chief Financial Officer to help drive Socure’s next phase of growth. Barfoot reportedly “brings over… Read More

July 15, 2023 @ 10:33 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, launched “The Socure Identity Challenge” to advance accurate and equitable digital identity verification in government. Federal, state and local government agencies are invited “to take the challenge and learn how new approaches to digital identity… Read More

July 1, 2023 @ 6:06 pm By Omar Faridi  |  

Socure, the provider of digital identity verification solutions, has acquired Berbix, a San Francisco-based startup that developed a high-accuracy document verification solution with a patent-pending forensics engine “able to detect spoofed IDs – including AI-generated fakes – that are visually indistinguishable to the human eye.”… Read More

June 1, 2023 @ 8:52 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, announced today that its Socure ID+ platform has been added to the State Risk and Authorization Management Program’s (StateRAMP) Progressing Product List after illustrating the core regulatory and industry-defined requirements for StateRAMP compliance. Socure is… Read More

May 8, 2023 @ 9:29 am By Omar Faridi  |  

Socure, the provider of digital identity (ID) verification and fraud solutions, released a guide for state and local Chief Information Officers (CIOs), Chief Technology Officers (CTOs), and Chief Information Security Officers (CISOs) “to establish effective digital ID programs for their constituents.” During the pandemic, the… Read More

April 3, 2023 @ 1:58 pm By Omar Faridi  |  

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider, announced that its vendor partners Okta, the independent identity partner, and Socure, the  provider of digital identity verification and fraud solutions are offering Federal, State, and Local Government agencies identity management and verification technologies “to help… Read More

March 19, 2023 @ 5:43 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions,  announced that Ayesha Prakash has joined as head of public sector partnerships. Prakash will “report to Matt Thompson, Socure’s general manager of public sector solutions.” As more government services move online, Socure’s digital identity experts… Read More

March 9, 2023 @ 8:31 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it “continues… Read More

December 10, 2021 @ 3:52 pm By Omar Faridi  |  

Alloy, the identity decisioning platform for banking institutions and Fintech firms, has announced the launch of its Partner Center, a dedicated resource for customers to gain “more transparency into its partner integrations.” Via the Partner Center, Alloy brings the best tech and data providers into… Read More

November 10, 2021 @ 7:46 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, has confirmed its oversubscribed $450M round at a $4.5B valuation from various growth equity and public market investors. Socure achieved a $4.5B valuation only seven months after its $1.3B Series D investment round, on the… Read More

September 18, 2021 @ 3:46 pm By Omar Faridi  |  

Socure, an established provider of digital identity verification and fraud solutions, has introduced the industry’s “first” predictive document and ID verification solution with native fraud risk signals and intelligence. Socure’s Predictive Document Verification aims to go beyond just authenticating a government-issued ID and matching a… Read More

August 3, 2021 @ 10:15 pm By Tony Zerucha  |  

Digital identity verification services provider Socure has introduced three technologies as it further expands its KYC solution. Joining the mix are hyper-accurate address normalization, date of birth matching, and algorithmic name matching capabilities. They also launched a Social Security number (SSN) pre-fill capability and is now a… Read More

March 18, 2021 @ 9:57 pm By Samantha Hurst  |  

  Socure, a U.S.-based digital identity verification provider, announced earlier this week it secured $100 million through its Series D funding round, which was led by Accel with participation from Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson,… Read More