Latest news with #RiskOS
Yahoo
2 days ago
- Business
- Yahoo
Socure Expands Age Assurance Suite to Help Enterprises Navigate Complex Web of Regulations and Protect Minors' Access and Privacy
New no-code workflows powered by RiskOS™ deliver fast, flexible age verification tailored to jurisdictional laws and risk thresholds designed to help businesses balance compliance, user privacy, and access for legitimate users INCLINE VILLAGE, Nev., August 14, 2025--(BUSINESS WIRE)--Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced the launch of its next-generation Age Assurance solutions, which now feature full integration with its RiskOS platform. This new offering has been built for industries where age verification is both a regulatory requirement and a reputational risk, including gaming, alcohol and cannabis delivery, adult content, online dating, and social media. Socure's new Age Assurance offering delivers customizable, no-code, drag-and-drop workflows that empower businesses to meet a vast array of fast-evolving legal and regulatory requirements without compromising user experience, privacy, or equitable access. "As age verification regulations become more fragmented and fast-moving across states and countries, businesses are under immense pressure to stay compliant while also delivering seamless digital experiences," said Johnny Ayers, CEO and Founder of Socure. "Our latest Age Assurance workflows are purpose-built to solve this challenge and give organizations immediate access to highly configurable tools to meet diverse legal obligations, maximize accuracy and performance while minimizing friction for legitimate users." The rollout comes amid a global push to strengthen regulations around access to age-restricted platforms and content. Recent developments, such as the U.S. Supreme Court's decision to uphold Texas' age verification law for adult websites and new restrictions introduced this year under the UK's Online Safety Act, underscore the fast-evolving and increasingly complex legal landscape. "The new laws around age restrictions underscore the complexity businesses now face in meeting jurisdiction-specific age verification regulations," said Rivka Little, Chief Growth Officer at Socure. "Our age assurance portfolio offers the flexibility businesses need to scale and adapt quickly, meeting the diverse regulatory requirements while prioritizing user privacy." The Age Assurance solution is built on Socure's RiskOS orchestration platform and Identity Graph, which links billions of real-time signals from known-good and known-bad identities to detect synthetic, manipulated, deepfakes or stolen data with unmatched precision. This foundation enables seamless, privacy-conscious age checks with high conversion, maximum accuracy and low user friction. Key Features Include: Passive Age Signals: Use device intelligence, behavioral biometrics, and Socure's proprietary identity graph to verify age with minimal user input—achieving over 90% success in verifying a user's DOB with a simple phone number input. Robust Identity Verification: Combine document IDV checks, biometric validation, and database signals for high-risk, high-compliance use cases like cannabis delivery and online gambling—delivering over 98% verified accuracy. Selfie-Based Age Estimation: Leverage liveness-verified selfies to estimate user age for scenarios requiring visual confirmation without document or any identity collection. No-Code Orchestration: Drag-and-drop tools enable businesses to tailor any of the aforementioned verification flows based on geography, risk tolerance, and regulatory thresholds—without any developer intervention. For more information on RiskOS, please visit: About Socure Socure is the leading platform for digital identity verification, compliance and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust and mitigate risk. Leveraging AI and machine learning, Socure's industry-leading platform achieves the highest accuracy, automation, and capture rates in the industry. With last year's acquisition of Effectiv, Socure launched its RiskOS™ platform to offer end-to-end decisioning and orchestration for identity fraud and payment risk management, integrating advanced transaction monitoring, credit underwriting and know-your-business (KYB) solutions into its platform. Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure's customer base includes 18 of the top 20 banks, the largest HR payroll providers, the largest sportsbook operators, 58 organizations across the public sector, and more than 600 fintechs. Leading organizations including Capital One, Uber, Angi, Citi, Chime, SoFi, Green Dot, Robinhood, Dave, Gusto, Poshmark, DraftKings, PrizePicks, the State of California and many more trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at View source version on Contacts NextTech CommunicationsElla Ceroneceron@
Business Wire
2 days ago
- Business
- Business Wire
Socure Recognized in the Inc. 5000 List for the Fourth Year in a Row
INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced it has been named to the Inc. 5000 list for America's Fastest Growing Private Companies for the fourth consecutive year. "Our inclusion on the Inc. 5000 list for the fourth consecutive year is a testament to our unwavering commitment to solving the digital identity crisis that affects every industry today," said Aaron Barfoot, Chief Financial Officer of Socure. "This recognition reflects not just our financial success, but the trust that over 3,000 customers place in us to verify 100% of good identities while stopping fraud in real time. As digital identity verification moves from a compliance requirement to a competitive advantage, our AI-driven solutions continue to set the standard for accuracy, speed, and inclusivity in identity verification. We're proud to be recognized alongside America's fastest-growing companies as we continue transforming how businesses build trust in the digital economy." Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, publishes its list as a data-driven snapshot of the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia. 'Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision,' says Mike Hofman, editor-in-chief of Inc. 'These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.' Socure's platforms include RiskOS, an AI-powered decisioning platform for any identity, fraud, risk, or compliance challenge. The no-code, drag-and-drop interface allows companies to seamlessly integrate identity verification and proofing, Know Your Business (KYB), Know Your Customer (KYC), document verification, fraud risk prediction and bank account ownership validation. Socure allows companies to assess every element of identity with privacy and compliance in mind, and leverages AI to build a 360-degree view of an individual built not only on a foundation of personally identifiable information, but millions of data points, digital signals, and historic behavior to provide instant trust and risk decisions. For the full list, company profiles, and a searchable database by industry and location, visit: Methodology Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Socure Socure is the leading platform for digital identity verification, compliance and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust and mitigate risk. Leveraging AI and machine learning, Socure's industry-leading platform achieves the highest accuracy, automation, and capture rates in the industry. With last year's acquisition of Effectiv, Socure launched its RiskOS™ platform to offer end-to-end decisioning and orchestration for identity fraud and payment risk management, integrating advanced transaction monitoring, credit underwriting and know-your-business (KYB) solutions into its platform. Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure's customer base includes 18 of the top 20 banks, the largest HR payroll providers, the largest sportsbook operators, 58 organizations across the public sector, and more than 600 fintechs. Leading organizations including Capital One, Uber, Angi, Citi, Chime, SoFi, Green Dot, Robinhood, Dave, Gusto, Poshmark, DraftKings, PrizePicks, the State of California and many more trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit
