Socure is a digital identity verification and fraud prevention company that uses machine learning and data analytics to help enterprises accurately verify consumer identities in real time. Its platform ingests diverse data sources, including online, offline, and device signals, to deliver high-accuracy risk scores and reduce manual reviews. Socure primarily serves financial services, fintech, e-commerce, and other regulated industries that require robust KYC, AML, and fraud controls.
Socure’s AI strategy centers on using supervised and semi-supervised machine learning models trained on large, diverse identity and behavioral datasets to deliver highly accurate identity verification and fraud risk scores. The company focuses on maximizing auto-approval rates while minimizing fraud, leveraging feedback loops from customer decisions to continuously improve model performance. It positions itself as a horizontal identity and fraud AI layer for digital onboarding across financial services, fintech, and adjacent industries.