Latest Socure News & Updates
See the latest news and media coverage for Socure. We track all announcements, press releases, and industry mentions in real time, all in one place.
AI-powered identity verification and fraud prevention platform
socure.com- Headquarters
- Incline Village, United States
- Founded year
- 2012
- Company type
- Private company
- Number of employees
- 500–1,000
Latest news about Socure
Company announcements
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Socure and Okta partner with HUD on identity integration
HUD pilots Socure-Okta integration for FHA Connection in 2026, unifying verification, enhancing security, and reducing fraud in public sector services.
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Socure announces 62% YoY ARR growth
Q1 2026 results show $340M+ total ARR, $31M new bookings, 134% net retention. Growth spans verticals, fueled by AI RiskOS platform and global expansion.
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Socure highlights FSA's identity verification advancements
FSA implemented real-time risk-based screening in FAFSA, preventing over $1B in fraud. This shift establishes trust earlier for institutions and offers a model for other programs.
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Socure introduces Conditional Residential
It enhances address verification by evaluating non-traditional residences like assisted living and RV parks with context, reducing false positives and onboarding friction.
Media coverage
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Checkr launches sharable profiles, integrates Socure into Checkr Trust
The product allows individuals to create a shareable profile, replacing self-reported claims with credentials backed by Socure's biometric IDV technology.
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AI fraud surge drives Socure ARR past $340M as IDV demand expands
Fast-growing business areas for Socure include age verification, marketplace risk and workforce verification, and enabling international expansions.
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Socure Report Warns of AI-Enabled Fraud Rings Targeting Federal Agencies
According to the Government Accountability Office, the federal government loses between $233 billion and $521 billion annually to fraud.
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Socure launches payment screening as fintechs seek streamlined IDV, risk checks
Although fraud has been rising, companies such as Socure and Plaid are launching new products and to prevent fraudsters from accessing their users' money.
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