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How Socure benefits their customers

Customers evaluate the quality of Socure’s products using the following success metrics.

Identity verification coverage accuracy and KYC auto-acceptance rate, which tie directly to customer friction, customer acquisition, and customer conversion (revenue/growth/lifetime value of a customer
Fraud capture rates for third party and synthetic ID fraud as well as false positive reduction, which tie to fraud loss reduction and customer friction, acquisition, and conversion
Manual review rate reduction, which ties to operational cost reduction as well as customer friction, acquisition, and conversion (revenue/growth/lifetime value of a customer)

Socure’s Customers

See why customers chose Socure's products and services. Socure's customers include Prime Trust, Exeter Finance, and Unit21.

Prime Trust Logo
Analyst Briefing Submitted

Prime Trust focuses on providing financial infrastructure application programming interfaces (APIs), operating within the financial technology and dig…

We believe the future of finance will be defined by digital assets...That’s why we partnered with Socure to prioritize accuracy, access and speed during the identity verification process for our joint customers – especially the hard to identify populations, including Gen Z, millennials, credit invisible, and new to country.

Tom Pageler
CEO, Prime Trust
Exeter Finance Logo

Exeter Finance is a premier auto finance company operating in the financial services industry. The company primarily offers dealership financing and s…

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Unit21 Logo
Analyst Briefing Submitted

Unit21 operates as a detection and investigations platform for anti-money laundering. It helps protect businesses against adversaries through a simple…

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MeridianLink Logo

MeridianLink (NYSE: MLNK) provides digital lending solutions. It automates the loan origination process for direct and indirect installment loans and …

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Dibbs Logo
Analyst Briefing Submitted

Dibbs is a company specializing in the tokenization of physical collectibles, operating within the blockchain and NFT sectors. They provide a platform…

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Voyatek Logo

Voyatek provides outcome-driven digital solutions for the public sector, focusing on state and local government agencies. The company offers a range o…

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Betterment Logo
Analyst Briefing Submitted

Betterment operates as a digital investment advisor that focuses on automated investing and savings services within the financial technology sector. T…

Delivering on its goal to make investing more accessible and easier for all people requires Betterment to provide a seamless customer onboarding experience. As online fraud activity continues to rise, Betterment partnered with Socure to improve the customer approval process to run fraud checks and verify identities faster, all with greater accuracy than ever before. The result was less fraud and accelerated onboarding for legitimate customers, leading to additional scale and growth.

Lili Logo
Analyst Briefing Submitted

Lili focuses on providing business finance solutions. The company offers a range of services including business banking, smart bookkeeping, invoice an…

In just two short years, Lili, the leader in mobile financial services for freelancers and small business owners, experienced 1700%+ customer growth by reducing friction and markedly increasing verification accuracy during the customer account opening process. With Socure’s graph-defined identity verification platform, Lili improved its auto-approval process to accurately identify and onboard significantly more “good” customers faster, delivering on a core promise: “Three minutes and you’re in business!”

PU
Analyst Briefing Submitted

Public is an investing platform that offers a diverse range of financial products across multiple asset classes. The company provides tools for tradin…

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U.S. General Services Administration Logo

The U.S. General Services Administration is a government organization focused on delivering effective and efficient services across various sectors. T…

U.S. General Services Administration Logo

The U.S. General Services Administration is a government organization focused on delivering effective and efficient services across various sectors. T…

PrizePicks Logo
Analyst Briefing Submitted

PrizePicks is a company that operates in the sports and gaming industry, with a focus on Daily Fantasy Sports (DFS). The company offers a platform whe…

Nacha Logo

Nacha is a nonprofit organization focused on enhancing and enabling electronic payments and financial data exchange within the payments industry. The …

FO

Florida Department of Economic Opportunity (DEO) assists the Governor in advancing Florida's economy by championing the state's economic development v…

DraftKings Logo

DraftKings provides a range of products including online sports betting, daily fantasy sports contests, and a marketplace for digital collectibles. It…

Socure’s Partnerships

Partnership Start Date

6/26/2024

Xcelerate Solutions specializes in enterprise security, strategic consulting, and digital transformation within the government contracting sector. The company offers solutions to strengthen the security of personnel and infrastructures, enhance strategic operational efficiency, and modernize digital ecosystems for better mission outcomes. Xcelerate Solutions primarily serves sectors such as defense, diplomacy, and federal civilian operations. It was founded in 2009 and is based in McLean, Virginia. show less

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  • Spot growing industries
  • Kill analyst data work
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Compare Socure to Competitors

T
Tactical Information Systems

Tactical Information Systems provides complete identity solutions that meet the needs of governments, law enforcement, border security and identity communities. BeehiveID is face recognition software for identity authentication & verification.

HYPR Logo
HYPR

HYPR specializes in identity security and passwordless authentication solutions within the cybersecurity industry. The company offers an identity assurance platform that includes passwordless multi-factor authentication, risk policy orchestration, and identity verification services. HYPR's solutions cater to various sectors, including financial services, critical infrastructure, and retail, aiming to enhance security and user experience. It was founded in 2014 and is based in New York, New York.

B
BIOWATCH

BIOWATCH focuses on wearable biometric authentication technology within the security and access control industry. Their product, LeBracelet, serves as an alternative to traditional forms of authentication like badges, cards, and passwords with a wrist-worn device that allows access to various systems and services. The company serves sectors that require secure access control solutions, including corporate environments, financial services, and personal security. It was founded in 2015 and is based in Lausanne, Switzerland.

Veriff Logo
Veriff

Veriff develops an artificial intelligence (AI) driven visionary verification platform. It provides AI-powered identity verification solutions for identity fraud prevention, know-your-customer compliance, and fast conversions of valuable customers. It was founded in 2015 and is based in Tallinn, Estonia.

Trulioo Logo
Trulioo

Trulioo focuses on global online identity verification and operates within the technology and security sectors. The company offers services such as individual and business identity verification, watchlist screening, and identity document verification, all aimed at ensuring know-your-customer (KYC) and know-your-business (KYB) compliance. Trulioo primarily serves sectors such as banking, cryptocurrency, online trading, and wealth management. It was founded in 2011 and is based in Vancouver, Canada.

Prove Identity Logo
Prove Identity

Prove Identity focuses on digital identity verification and authentication across several business sectors. The company provides services such as consumer verification, identity management, and passwordless authentication solutions. Prove's services are applicable to industries like banking, healthcare, insurance, and e-commerce. Prove Identity was formerly known as Payfone. It was founded in 2008 and is based in New York, New York.

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