Socure - News, Articles & Research

Digital ID firm Socure hits $4.5bn valuation

Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.

09 November 2021

Company announcement/security

Socure rolls out advanced Sigma Identity Fraud platform

Socure, the leading provider of digital identity verification and fraud solutions, today announced the industry’s most accurate identity fraud solution, Socure Sigma Identity Fraud.

26 October 2021

Company announcement/security

Socure launches ID verification tech for BNPL

Socure, the leading platform for digital identity verification and trust, today announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry.

08 July 2021

News/security

Capital One invests in Socure

Machine learning-based digital identity verification firm Socure has received an undisclosed strategic investment from Capital One Ventures.

07 June 2021

News/identity

Microsoft bids to overhaul ID verification

Microsoft has taken a major step in its efforts to create an identity verification system that can be used across organisations.

08 April 2021

News/identity

Digital ID firm Socure raises $100m

Machine learning-based digital identity verification firm Socure has joined the unicorn club off the back of a $100 million Series D funding round led by Accel and joined by the investment arms of Citi and Wells Fargo.

17 March 2021

Company announcement/people

Socure names Rong Cao SVP, technology

Socure, the leader in Day Zero identity verification, today announced the appointment of Rong Cao as its new Senior Vice President of Technology.

11 February 2021

Company announcement/people

Socure name co-founder Johnny Ayers CEO

Socure, the leader in Day Zero identity verification, today announced the appointment of Co-founder and Chief Product Officer Johnny Ayers to the position of Chief Executive Officer.

17 November 2020

Company announcement/security

Socure introduces automated document verification service

Socure, the leader in Day Zero digital identity verification, today announced DocV, a fully-automated omnichannel document verification service that expedites onboarding, reduces fraud, and works to eliminate costly manual reviews.

22 October 2020

News/identity

Citi and Wells Fargo invest in digital ID firm Socure

Citi and Wells Fargo have joined a $35 million funding round for machine learning-based digital identity verification firm Socure.

25 August 2020

Company announcement/ai

Q2 taps Socure for ID verification

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Socure to deliver best-in-class digital identity verification and fraud protection capabilities through Q2 Open’s CorePro, an agile, cloud-based core processor and system of record.

25 September 2019

Company announcement/ai

Socure and Alloy help Radius Bank slash online fraud

Socure and Alloy today officially announced a partnership that enables financial institutions to make real-time digital identity verification decisions with unprecedented speed and accuracy for onboarding new customers.

18 October 2018