Johnny Ayers

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Articles

Socure to Fortify Identity Services With $136M Effectiv Buy

Oct 24, 2024 | thetechstreetnow.com | Michael Novinson |Johnny Ayers

an hour ago bankinfosecurity Effectiv's 30-Person Team to Streamline Identity Services, Help Socure Grow Revenue Michael Novinson (MichaelNovinson) • October 24, 2024 Socure plans to purchase a risk decisioning startup led by a former PayPal and Google employee to optimize identity verification and onboarding processes across customer lifecycle.
Socure Makes History as the World's First AI Technology to Successfully Solve for Account Opening Identity Fraud After 10+ Years of R&D

Jan 17, 2024 | ffnews.com | Katy Garnham |Johnny Ayers

Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, today launched the industry’s first fully integrated, internally developed, identity fraud solution suite that fuses personal identifiable information (PII) validated by thousands of data sources, real-time network and anomaly detection, with digital and behavioral risk signals for an instant and near 100% accurate identity fraud decision in less than 150...
Socure Acquires Berbix for Approximately $70 Million in Cash and Stock, Together Delivering the Fastest, Most Accurate ID Verification Solution in the World

Jun 28, 2023 | ffnews.com | Lauren Towner |Johnny Ayers |David Mattei |Eric Levine

Socure, the leading provider of digital identity verification solutions, has acquired Berbix, a San Francisco-based startup that developed a high-accuracy document verification solution with a patent-pending forensics engine able to detect spoofed IDs – including AI-generated fakes – that are visually indistinguishable to the human eye. The approximately $70 million cash and stock transaction marks the first acquisition for Socure.
Socure Buys Berbix for $70M to Fortify Identity Verification

Jun 27, 2023 | thetechstreetnow.com | Michael Novinson |Johnny Ayers

18 minutes ago bankinfosecurity Buying Document Verification Startup Berbix Will Make Socure Faster, More Accurate Michael Novinson (MichaelNovinson) • June 27, 2023 Socure has purchased a document verification startup founded by former members of Airbnb's Trust and Safety Team for $70 million to better detect fake identities.