Ad Tech & Identity · Identity verification / fraud scoring (B2B) · Structural / no discrete incident
Socure
Headline
Socure decides, behind the scenes, whether banks, fintechs and some government agencies accept a person as who they say they are, using data bought from 'Data Vendors,' device and behavioral signals, biometrics, and…
Not independently verified. Verification status: Unverified - heuristic first draft. Publish state: draft unverified.
Socure decides, behind the scenes, whether banks, fintechs and some government agencies accept a person as who they say they are, using data bought from 'Data Vendors,' device and behavioral signals, biometrics, and protected-class characteristics it 'may infer.' Its notice says it does not sell or share personal information and keeps identifiers up to 7 years. In July 2024 a New York state senator wrote to the state CIO questioning Socure's handling of New Yorkers' data 'without their consent,' unanswered bias questions, and a former customer's lawsuit alleging Socure prevented only 31% of that customer's fraud losses against an advertised 95% — all allegations. No breach or regulator action against Socure was verified this pass.
- Severity
- Evidence tierUnassigned
- Claims confirmed
- Last verified2026-10-16
Primary source. statescoop.com/wp-content/uploads/sites/6/2024/08/Sen.-Cooney-Letter-of-Concern-re_-Fraud-Protection.docx.pdf — Unverified - heuristic first draft.
Terms
Arbitration
Not applicable to consumers — no consumer-facing contract.
Data sharing
Collects identifiers, financial account/transaction data, ID document images, biometrics, device/geolocation, behavioral data, inferred protected-class characteristics; sources include third-party Data Vendors and a customer consortium. States no sale/share in prior 12 months. Retention: identifiers/financial up to 7 years; biometrics/ID docs ~1 year (2 if flagged).
Fees and billing
None identified (no consumer billing relationship).
Contacts
Privacy contact. privacy@socure.com; 1-888-690-3709; Data Rights Form
Legal notice. Not verified this pass. Private company: the state registered agent is usually the only reliable route for service.
Mailing address. Not recorded.
Evidence
No claims have been itemized for this row yet.
Sources
| Source | Claim | Tier | Status | Quote |
|---|---|---|---|---|
| Government letter (state legislator) · 2024-07-10 statescoop.com/wp-content/uploads/sites/6/2024/08/Sen.-Cooney-Letter-of-Concern-re_-Fraud-Protection.docx.pdf | whole row | Unassigned | confirmed | “collects, purchases and stores billions of data points” Quote basis: not recorded. |
| Company privacy notice · 2026-10-16 www.socure.com/privacy | whole row | Unassigned | confirmed | “Socure does not sell or share, and has not sold or shared in the preceding 12 months, any personal information.” Quote basis: not recorded. |
| Law firm news · 2026-06-26 www.cooley.com/news/coverage/2026/2026-06-26-litigator-of-the-week-runners-up-and-shout-outs | whole row | Unassigned | confirmed | “eliminated a fraud lawsuit against” Quote basis: not recorded. |
Source vault
Link status: Candidate - not yet fetched
| Document | Last fetch | |
|---|---|---|
| Privacy policy https://www.socure.com/privacy | Not fetched yet | NOT CONFIRMED |
| Terms of service No URL recorded | Not fetched yet | NOT CONFIRMED |
| Website https://www.socure.com | Not fetched yet | — |
| Primary source https://statescoop.com/wp-content/uploads/sites/6/2024/08/Sen.-Cooney-Letter-of-Concern-re_-Fraud-Protection.docx.pdf Verification: Unverified - heuristic first draft | Not fetched yet | — |
Enforcement
No enforcement actions are linked to this row.
State statute
No HQ state on file, so no state statute applies by headquarters.