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How Socure Became the First Identity Verification Solution to Win IDC’s Future of Trust Award

Blog post from Socure

Post Details
Company
Date Published
Author
Socure
Word Count
491
Company Posts That Month
9
Language
English
Hacker News Points
-
Post removed?
No
Summary

Socure and investing platform Public.com received IDC’s Future of Trust Award for an identity verification and fraud prediction deployment that IDC said improved trust, customer experience, and business outcomes. Public.com adopted Socure to increase accurate applicant verification while managing fraud risk, regulatory compliance, and onboarding friction, reporting a 15% rise in positive identifications that it associated with a similar increase in enterprise value, along with an approximately 30% reduction in manual onboarding-review costs. The companies also emphasize that the platform supports Public.com’s mission of making investing more inclusive by using broader data sources and frictionless verification, while allowing community members to remain anonymous to one another.

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