“Socure, the leading provider of digital identity verification and fraud solutions, today announced it has been named a Leader in The Forrester Wave™: Identity Verification Solutions, Q4 2022, an inaugural report published by Forrester Research. Forrester evaluated 12 of the top identity verification vendors based on 22 criteria, in the categories of current offering, strategy, and market presence. Socure received the highest attainable scores in 11 criteria, including physical ID document basis, email address basis, address verification, behavioral biometrics, data quality and link analysis, and case management. The Forrester report noted Socure’s “solution is a good fit for companies looking to operationalize identity risk scoring based on identities’ position and links in identity graphs.””

“Socure is now a Nacha Preferred Partner for Compliance/Risk and Fraud Prevention. In becoming a Preferred Partner, Socure joins a select group of innovators recognized for offering products and services that align with Nacha’s core strategies for advancing the ACH Network. Socure is a leading provider of fraud detection and identity verification products, offering innovative and strategic solutions to ACH Network participants. Socure recently launched its Account Intelligence solution, which is designed to enable compliance with Nacha’s WEB debit rule in a streamlined and economical fashion. Socure Account Intelligence instantly verifies domestic bank account status and ownership prior to payment transactions—such as ACH transfer between accounts and funds disbursement—to establish trust between accounts.”

“Socure, the leading provider of digital identity verification and fraud solutions, today announced it has entered the payment risk space with the introduction of its newest product, Socure Account Intelligence. The product instantly verifies domestic bank account status and ownership, prior to ACH payment transactions or funds disbursement. Only the consumer or business name as well as the bank account and routing numbers are needed for this real-time service that establishes trust between accounts and supports regulatory compliance. The product is ideally suited for any client or industry in which an ACH payment is being made (e.g., bank account funding, disbursement of government benefits, bill payments, insurance payouts, merchant and peer-to-peer payments). Because of Socure Account Intelligence’s core benefits of establishing bank account trust and determining payment return risk, users can expedite disbursements of funds, guard against payment fraud, and adhere to ACH regulatory requirements, all while delivering a frictionless customer experience.”

Socure, the leading provider of digital identity verification and fraud solutions, announced today its international expansion into Canada, the United Kingdom, and Europe. As part of the expansion, the company will make available its eKYC, Case Management, Predictive DocV document verification, device ID, behavioral biometrics, and Global Watchlist screening and monitoring products. The expansion comes on the heels of the company’s triple-digit growth in customers as demand increases for its graph-defined identity verification and fraud prevention platform.