Why You Should Take the Socure Identity Challenge
Blog post from Socure
Socure argues that U.S. digital identity systems, particularly those relying on credit reporting data, have weak security, limited coverage for underserved populations, and contribute to significant fraud and poor access to government services. The company promotes its ID+ identity verification platform as an alternative, claiming it improves automatic approvals, reduces manual reviews, expands verification for credit-invisible groups, and detects more fraud than legacy providers through AI-driven analysis of online and offline data. Socure cites estimates of $280 billion in fraud nationally, projected annual value of $908,000 for one state agency, and results from work with Florida’s Department of Economic Opportunity, where it says all applicants were verified and 95% were automatically onboarded in under a second. It also highlights its DocV 3.0 product, NIST IAL2-related Kantara certification, and ongoing state and federal agency partnerships while inviting agencies to compare its performance directly with competing providers.
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