Socure launches cross-industry consortium to combat first-party fraud
The consortium shares intelligence across 530M+ accounts to detect bad actors before losses occur.
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AI-powered identity verification and fraud prevention platform
socure.comLast updated
In short: Socure reached over $340M in ARR, secured a $163M government contract, and launched AI-driven identity solutions like Remote Verifier.
The consortium shares intelligence across 530M+ accounts to detect bad actors before losses occur.
Governments are treating access as a permissioned resource, requiring identity proof and jurisdictional clearance, which challenges AI companies' frictionless growth models.
The Department of Education has embedded real-time, risk-based identity screening to combat ghost students and fraud in federal student aid.
The contract aims to modernize identity intelligence for secure government access.
Leveraging their 2024 Login.gov Next Generation Identity Proofing Blanket Purchase Agreement (NG BPA), Xcelerate Solutions and their subcontractor Socure were awarded a five-year, $163M call...
INCLINE VILLAGE, Nev., May 19, 2026--Socure, the leading global trust infrastructure, today announced it has been named to the 2026 CNBC Disruptor 50, the annual...
For government agencies and enterprises, the pitch is faster onboarding, stronger fraud controls, and more confidence that a person is who they claim to be.
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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