Socure Inc. is a private identity-verification and fraud-prevention platform, founded by CEO Johnny Ayers in 2012, that processes personal information on behalf of business Customers (banks, fintechs, gig platforms) to verify identities and score fraud risk. Its own Global Privacy Policy discloses an extensive collection footprint — government ID numbers, financial account and transaction data, selfies and ID document images, biometric facial landmarks and embeddings, device/browser/network data including GPS geolocation and SIM-swap activity, and behavioral session data — sourced from Customers, data vendors, and users' own devices, and states it independently builds 'derived insights (including insights across our consortium of customers) and network/graph-based risk intelligence' outside any single Customer's control. Personal information, including biometric data in some cases, is disclosed to Customers, Third-Party Service Providers, Customer-Enabled Integration Partners, and Socure's own corporate subsidiaries and affiliates, including for machine-learning model training. Socure raised $450M in a Series E round at a $4.5B valuation in November 2021, per its own blog. A July 2024 letter from a New York State Senator to the state's Chief Information Officer, hosted by StateScoop, describes Socure as an 'AI and data broker company' that 'collects, purchases and stores billions of data points... on New Yorkers without their consent,' and references an unanswered Congressional letter from Rep. Ritchie Torres about racial/ethnic bias and transparency, plus an ongoing commercial lawsuit alleging Socure's fraud-prevention accuracy fell far short of its advertised rate. No FTC or state-AG order, judgment, or independent security audit was found in this research.