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Socure is the leading platform for digital identity verification and trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from physical government-issued documents as well as email, phone, address, IP, device, velocity, date of birth, SSN, and the broader internet to verify identities in real time. The company has more than 1,400 customers across the financial services, government, gaming, healthcare, telecom, and e-commerce industries, including four of the top five banks, 13 of the top 15 card issuers, the top three MSBs, the top payroll provider, the top credit bureau, the top online gaming operator, the top Buy Now, Pay Later (BNPL) providers, and over 250 of the largest fintechs. Marquee customers include Chime, SoFi, Robinhood, Gusto, Public, Stash, DraftKings, State of California, and Florida’s Homeowner Assistance Fund. Socure customers have become investors in the company including Citi Ventures, Wells Fargo Strategic Capital, Capital One Ventures, MVB Bank, and Synchrony. Additional investors include Accel, T. Rowe Price, Bain Capital Ventures, Tiger Global, Commerce Ventures, Scale Venture Partners, Sorenson, Flint Capital, Two Sigma Ventures, and others.

The year compliance becomes a strategic advantage
The FBI’s latest statistics reveal a startling 84 percent rise in elder fraud cases in 2022, with over $3.1 billion stolen, a significant portion of which is attributed to pensions fraud.
The Escalation of Digital Identity Fraud in State Government Pension Programs
The identity verification and fraud prevention leader doubled its goal as the company reported the highest rates of synthetic fraud were seen within the gig economy, small business banking, telecom, cryptocurrency and challenger banks
Socure is excited to announce that our Socure ID+ Platform has achieved FedRAMP Moderate In-Process Status. This means Socure’s industry-leading identity verification and fraud prevention solution is on the path to a FedRAMP authorization and full usage by the federal government.
With so much concurrent change combined with increasing scrutiny from regulators, it can become overwhelming to understand how your organization can best prepare for the new regulatory landscape. To help you prioritize the planning of investments in people, processes, and systems to fight financial crime, we’ve examined the most impactful U.S. and global trends we foresee this year, along with actionable steps you should be taking now to prepare.