Socure Inc - Company Profile
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Socure Inc (Socure) is a technology company specializing in AI-driven digital identity verification and fraud prevention solutions. Its main activities involve providing advanced technologies for identity verification, fraud prevention, sanctions screening, and risk decisioning. The company major products include the RiskOS platform, which offers capabilities such as identity fraud detection, payment risk management, transaction monitoring, and know-your-business (KYB) solutions. Socure's services are utilized by a diverse range of customers, including financial services, government agencies, gaming, healthcare, telecom, and e-commerce sectors. The company operates across various geographic locations, serving markets in the United States and beyond. Socure is headquartered in Incline Village, Nevada, the US.
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Products and Services
| Products | Services |
|---|---|
| Fraud and Risk: | Consumer Onboarding |
| Sigma Identity Fraud | Bank Account Verification |
| Sigma Synthetic Fraud | Business Onboarding |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In October, the company signed an agreement to acquire Effective for US$136 million. |
| 2024 | Contracts/Agreements | In May, the company entered into an agreement with Proof for the prevention of fraud, sanctions screening, and online identity confirmation. |
| 2023 | New Products/Services | In November, the company launched Sigma Synthetic Fraud v4. |
Competitor Comparison
| Key Parameters | Socure Inc | Accertify Inc | Acuant Inc | iovation Inc | Signifyd Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Incline Village | Itasca | Atlanta | Portland | San Jose |
| State/Province | Nevada | Illinois | Georgia | Oregon | California |
| No. of Employees | - | - | 500 | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Johnny Ayers | Chief Executive Officer | Senior Management | - | - |
| Aaron Barfoot | Chief Financial Officer | Senior Management | 2023 | - |
| Arun Kumar | Chief Technology Officer | Senior Management | - | - |
| Colton Pond | Chief Marketing Officer | Senior Management | 2026 | - |
| Teneka Polite | Senior Vice President - People and Experience | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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