Tagged: socure

August 9, 2024 @ 7:28 am By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, announced Selfie Reverification – a way to validate return consumers online with a simple selfie from any device in under 2 seconds. The Selfie Reverification capability matches “an incoming selfie… Read More

June 30, 2024 @ 4:27 pm By Omar Faridi  |  

Xcelerate Solutions and Socure are pleased to announce that their team has been selected as one of eight vendors by the General Services Administration (GSA) for the NextGen Login.gov Identity Proofing Blanket Purchase Agreement (BPA). GSA’s NextGen Login.gov initiative aims to “modernize how Americans access… Read More

May 31, 2024 @ 4:46 pm By Omar Faridi  |  

Oscilar, a provider of AI-driven risk management solutions, and Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced a partnership that will aim to set “a new standard in digital identity verification, fraud prevention and risk management for… Read More

May 20, 2024 @ 9:00 am By Tony Zerucha  |  

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today unveiled research study findings revealing that 35% of Gen Zers in the U.S. and nearly one-third of legal immigrants are “Digital Ghosts.” A Digital Ghost has little to no… Read More

May 20, 2024 @ 7:41 am By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today released a new report titled, “The State of Digital Identity in 2024”, in partnership with The Center for Digital Government. According to the Government Accountability Office, the federal government… Read More

May 6, 2024 @ 10:30 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, released its inaugural Document and Biometric Identity Fraud Report, detailing the rampant use of fake government-issued IDs and the techniques used to fool legacy document verification systems. According to the… Read More

April 22, 2024 @ 10:03 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched its next generation Document Verification (DocV) solution, purpose-built “to tackle the rash of stolen identities, spoofing, and highly sophisticated deepfake attacks that are accelerating in their complexity across nearly… Read More

March 1, 2024 @ 8:50 am By Omar Faridi  |  

Socure, a provider of artificial intelligence [AI] for digital identity verification,  and Trustly, an Open Banking payments provider, today announced a partnership to offer merchants and Fintechs a streamlined onboarding and guaranteed Pay by Bank solution. This integration allows merchants, especially in industries “that require… Read More

January 22, 2024 @ 2:31 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, launched a fully integrated, internally developed, identity fraud solution suite that fuses personal identifiable information (PII) validated by thousands of data sources, real-time network and anomaly detection, “with digital and… Read More

December 24, 2023 @ 12:53 pm By Omar Faridi  |  

Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced that it has eliminated 204,536 synthetic identities from the U.S. economy in 2023 to date. The company’s Sigma Synthetic Fraud solution has reportedly “prevented more than $3 billion in… Read More

November 27, 2023 @ 3:44 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, sanction screening and fraud prevention, announced its Socure ID+ platform has achieved the “In Process” designation from the Federal Risk and Authorization Management Program (FedRAMP) and is now “listed on the FedRAMP Marketplace.” Socure’s ID+… Read More

November 20, 2023 @ 2:30 pm By Omar Faridi  |  

Socure, the provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network feedback data “to uncover patterns linked to insidious synthetic identity fraud.” The Deloitte… Read More

October 30, 2023 @ 9:02 pm By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, introduced its first-party fraud solution, Sigma First-Party Fraud, powered by the concurrent launch of its First-Party Fraud Consortium (FPFC). The consortium is unifying companies “to tackle the complicated, multi-industry issue of first-party fraud by pooling… Read More

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