Socure Wins 2025 Datos Awards for ID Verification & Fraud Solutions

Trade-leading id verification platform acknowledged for its general strategy to fraud prevention and mitigation, in addition to its first-party fraud resolution designed to fight the $100 billion “pleasant fraud” disaster

Socure, the main supplier of synthetic intelligence for digital id verification, compliance, sanctions screening, and fraud prevention in over 190 international locations, as we speak introduced it has been named the winner of Datos Insights’ 2025 Influence Awards within the Greatest Digital Id Verification Resolution and Greatest First-Social gathering Fraud Resolution classes for its general work within the digital id verification (IDV) house in addition to its Sigma First-Social gathering Fraud resolution.

The distinguished recognitions spotlight Socure’s groundbreaking suite of merchandise that deal with the monetary companies {industry}’s most urgent id verification priorities. Final yr, the corporate launched its industry-first First-Social gathering Fraud Consortium. This cross-industry initiative unites monetary establishments, fintechs, fee platforms, sports activities betting corporations, and BNPL suppliers, together with 5 of the highest 10 monetary establishments within the U.S.

“We’re honored to obtain these recognitions from Datos Insights for our progressive strategy to streamlining the user-identification course of and combating first-party fraud,” mentioned Johnny Ayers, CEO and founding father of Socure. “This award validates our dedication to serving to prospects keep forward of more and more subtle fraud schemes.”

The Datos Insights Influence Awards in Fraud & AML acknowledge corporations which might be “main the {industry} and pioneering new and disruptive monetary crime merchandise and capabilities.” The awards program evaluates options which might be “bringing the monetary companies {industry} one step nearer to triumphing within the struggle in opposition to fraud, cash laundering, and different illicit exercise.”

“Socure’s twin recognition in our Influence Awards displays their skill to deal with distinct however associated challenges in fraud prevention,” mentioned Jim Mortensen, Strategic Advisor at Datos Insights. “Their suite of id fraud options deal with the authentication and verification wants at onboarding, whereas their First-Social gathering Fraud resolution tackles the tougher drawback of detecting when authentic prospects intend to behave in dangerous religion. Each options reveal the facility of cross-industry knowledge collaboration.”

Submissions for Greatest Digital Id Verification Resolution have been scored primarily based on a platform’s degree of innovation, its aggressive benefit evaluation, market wants evaluation, skill to evaluate monetary threat mitigation throughout identification, prevention, and detection; a future roadmap; and different tangible impacts resembling buyer expertise, operational effectivity, integration ease, and scalability.

As winner of Greatest First-Social gathering Fraud Resolution, Socure’s Sigma First-Social gathering Fraud software leverages superior synthetic intelligence and machine studying to investigate thousands and thousands of accounts and billions of transactions, offering organizations with manipulation threat scores that allow instantaneous threat evaluation at buyer onboarding. The answer presents real-time alerts and steady monitoring capabilities, permitting organizations to behave shortly to stop fraud throughout the complete buyer lifecycle and actively fight the $100 billion annual disaster within the U.S. alone.

“First-party fraud has developed into an ever-present menace that conventional fraud prevention strategies merely can not deal with,” mentioned Ori Snir, Head of Product Administration, Fraud & Id Options at Socure. “By bringing collectively the {industry}’s main monetary establishments and platforms, we’ve created an unparalleled community impact that allows us to determine and cease fraudulent conduct earlier than it could possibly take root throughout a number of platforms. We’re thrilled that Socure’s laborious work has been acknowledged by Datos Insights on this method.”

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