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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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Betterment Logo
Analyst Briefing Submitted

Betterment operates as a digital investment advisor focusing on automated investing and savings services within the financial technology sector. The c…

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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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…

Baker Tilly Logo

Baker Tilly is an advisory CPA firm that operates in the advisory, tax, and assurance sectors. The company offers a range of services including tax st…

Socure’s Partnerships

Partnership Start Date

5/30/2024

Oscilar focuses on risk decision-making. The company offers a no-code, artificial intelligence (AI) powered platform to assist in managing fraud, credit, and compliance risks. The primary customers of Oscilar are businesses in the financial technology sector. It was founded in 2021 and is based in Palo Alto, California. show less

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Looking for a leg up on competitive, customer and technology insights?
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Trusted by the world's smartest companies to:
  • Predict emerging trends
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  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
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Compare Socure to Competitors

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.

B
BIOWATCH

BIOWATCH develops a biometric recognition system integrated into any wearable device for secure authentication, mobile payment protection, and smart device interaction. It enables users to unlock a car, access an office, log in to the internet, purchase goods and services, and sign contracts and digital documents. The company was founded in 2015 and is based in Lausanne, Switzerland.

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.

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.

Trulioo Logo
Trulioo

Trulioo focuses on global online identity verification, operating 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, British Columbia.

Sumsub Logo
Sumsub

Sumsub is a company that focuses on online identity verification and orchestration services, operating in the technology and security sectors. The company offers a platform that allows businesses to verify users, businesses, and transactions, manage cases, and deter fraud, all from a single dashboard. Sumsub primarily serves sectors such as fintech, online gaming, and trading. It was founded in 2015 and is based in London, England.

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