Socure

Identity is at the center of everything we do. But it can change in an instant, rendering static point solutions ineffective against sophisticated fraud threats. This month at Money20/20 in Las Vegas, Socure is showcasing how we revolutionize identity verification with our comprehensive identity verification platform. By harnessing the power of AI, our solutions build a 360° view of identity that solves fraud and compliance challenges across the entire user lifecycle to boost growth and retention. Don’t miss these Socure sessions at Money20/20, featuring our CEO and founder Johnny Ayers: ?? The Path to Explosive Growth: Empowering the Credit-Invisible Market ?? Advancing Embedded Finance in an Era of Uncertainty Visit us at booth #1116 or schedule an onsite meeting to learn how Socure’s comprehensive identity platform powers instant risk and trust decisions that allow you to squash fraud, say yes to more good customers, and unlock massive revenue scale. Book your meeting here ?? https://lnkd.in/gN2ZTze7

?? When companies in the payments industry offer similar value propositions, how do marketers ensure their brand rises above the rest? Next week at Money20/20, industry leaders Rivka Gewirtz Little from Socure, Jeremiah Glodoveza from Nium, Irina Chuchkina from Volt.io, and Erika White from Affirm will dive into real-world strategies and creative tactics used by leading marketers to break through the noise. From unique positioning to cutting-edge campaigns, discover how they differentiate their brands in a crowded marketplace and captivate their target audiences. Gain actionable insights and inspiration on how to make your brand stand out, even when the competition looks just like you. Learn more here: https://lnkd.in/gN2ZTze7

The 13th Annual Michigan Cyber Summit is just around the corner! ?? ???? With so many experts under one roof, this is the go-to event for IT leaders who want to stay ahead of threats. Socure will be on-site, discussing the importance of robust digital identity verification and fraud prevention solutions. Make sure to visit our table! Event details: https://lnkd.in/grC5-9Ub?

Embedded finance is maturing, but not without growing pains. Consent orders, legislation and other dynamics have been catalysts for greater customer safety and compliance, but how are today’s leaders really feeling about the turbulence while pursuing growth and innovation? This panel session, hosted by Green Dot Corporation, will dive deep into a new industry study exploring what embedded finance decision makers consider the greatest value propositions, risks, investment opportunities and policy implications for our industry today and in the future. Panelists include Socure’s CEO Johnny Ayers, as well as Eric Sager from Plaid, Erin Pursell from Visa, and Renata Caine from Green Dot Corporation. Learn more here: https://lnkd.in/gN2ZTze7

As ATO fraud tactics evolve, traditional security measures grow increasingly inadequate. This leaves financial institutions and their customers at risk. Join Cameron D'Ambrosi from Liminal and Sam Bouso from Socure for this upcoming webinar, examining the growing threat of ATO and emphasize the necessity of a robust identity-centric approach for effective defense. Participants will also discover the latest fraud trends and innovative technologies designed to combat ATO attacks, supported by real-world examples and expert insights. Attendees will leave equipped with actionable strategies to leverage identity solutions and enhance their defenses against this escalating threat. Key Takeaways: ?? Understanding ATO Threats: Gain insights into the evolving tactics used in ATO fraud and the vulnerabilities they exploit. ?? Identity-Centric Defense Strategies: Learn how a robust identity-focused approach can effectively mitigate ATO risks. ??? Balancing Security and User Experience: Learn how to implement advanced security measures like passwordless authentication without compromising the user experience. Register for the webinar here ?? https://bit.ly/402H7SK

?? Money mules play an important role in moving funds from an illicit or illegal activity into the second phase of the financial crime ecosystem: money laundering. Criminal organizations then use money laundering to “operationalize” their ill-gotten gains. Those financial facilitators that launder funds are highly proficient at their craft, and they would never use their own companies or identities to enable money laundering. Instead, they put as many layers as possible between themselves and the money trail. To create obfuscation, synthetic money mules are used to create that smokescreen in following the money. ?? The worst part? You may not even know they're in your portfolio. Learn more about the risks of Money Mules here ?? https://lnkd.in/gWHy3U43

The findings from our latest research study on financial accessibility and inequality speak volumes: ?? 44% of Gen Z individuals do not currently have a bank account. ??? 48% cannot open their first bank account digitally. ?? 60% report that their credit literacy education is severely lacking. At Socure, we believe it’s time for a revolution in inclusive identity verification. Join us in delving deeper into these critical findings and advocating for solutions to empower all individuals. Access the full Digital Ghosts report now ?? https://bit.ly/3BtDifa

We’re proud to celebrate that our Chief Revenue Officer Matt Thompson has been named as a finalist for the Military Values in Business Award from the US Forces in Business Awards 2024! Matt served a decade in the US military, which included four combat deployments to Iraq and Afghanistan. As an Army Special Operations Officer, Matt adopted his "Team of Teams" leadership approach, developed by US Army veteran with 34 years of service Stan McChrystal, that aims to improve alignment, adaptability, speed and efficiency in decision-making across an organization. Three years ago, Matt joined Socure to lead the company's expansion into the public sector market and was recently promoted to Chief Revenue Officer. In his role as CRO, Matt leverages his extensive expertise and network in digital identity verification to drive Socure's expansion into new vertical markets while strengthening its position in its core markets. We congratulate Matt for his inclusion in the list of finalists for the Military Values in Business Award, and thank him for his service to our country and dedication to stopping identity fraud across the public and private sectors.

What’s the biggest limiting factor for Gen Z attempting to access government and financial services? Lack of digital footprint. ?? In the latest research study from Socure, we found that over 30% of Gen Z individuals feel that their lack of financial footprint is the biggest obstacle they face when trying to gain equal access to services. Learn more about the rising population of America’s Digital Ghosts and the crucial steps necessary to promote financial inclusion for people with limited digital footprints here: ?? https://bit.ly/3Nel7fS ??

Even for Gen Z individuals with a credit score, 59% still have to go through multi-step in-person processes to provide documentation for identity verification. Socure’s latest research report uncovers the barriers these individuals face in accessing financial services. Let’s work to break down the obstacles faced by America’s Digital Ghosts and build a future of financial inclusion. Explore the full report now? ?? https://lnkd.in/eiTgXvYA