Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The $136 million deal, expected to close in November, will add Effectiv’s artificial intelligence orchestration and decisions platform to Socure’s digital...
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any device in less than two seconds. “Identity verification isn’t a one-time event. As consumers interact...
Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. The collaboration, announced Thursday (May 16), is aimed at preventing fraud in consumer agreements and forms, which the companies call a $200 trillion market opportunity. “Industries are fighting an ever-increasing risk of fraud across their entire...
Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants but is especially valuable for those in investing, gaming, trading, financial services and other industries that require robust know your...
June 07, 2022
As the world becomes more connected and the number of digital devices used to conduct business continues to grow, organizations are under more pressure than ever to know with whom they are doing business. Customers, however, have waning tolerance for cumbersome identity verification processes, giving rise to the use of technologies such as biometrics that […]
April 04, 2022
Cryptocurrency has been a never-ending roller coaster since its introduction more than a decade ago, seeing extreme highs and lows in value to its investors’ surprise, delight and dismay. As...
March 25, 2022
Consumers’ banking and payment preferences have swiftly become digital-first, with mobile apps and eCommerce channels quickly replacing in-person branches or retail stores for many customers. These newfound preferences for online...
October 24, 2018
There's a tug of war when it comes to digital ID verification — a tug of war between the customer experience and reducing fraud. Socure Co-founder Johnny Ayers tells PYMNTS that...
December 05, 2024
Socure says it has reached a milestone in its collaborative effort to combat “friendly fraud.” The identity verification firm last year formed the First-Party Fraud Consortium, a group of companies that came together to battle the type of fraud — also known as friendly fraud — that happens when people use their own identity to carry out […]
October 24, 2024
Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The $136 million deal, expected to...
August 08, 2024
ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with a selfie from any...
May 16, 2024
Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. The collaboration, announced Thursday (May 16), is aimed at preventing fraud in consumer agreements and forms, which the companies call a...
