Socure, the leading platform for artificial intelligence and machine learning-based identity verification, fraud prevention, and compliance solutions, has officially announced the launch of several new initiatives.
According to certain reports, the stated suite is markedly designed to bring forth components like compliance agentic copilots, legal automation chatbots, explainable machine learning models with LLMs, and a lot more.
“At Socure, we believe AI should be responsible, explainable, and above all—useful,” said Johnny Ayers, Founder & CEO of Socure. “These initiatives aren’t just experiments; they are foundational investments in the way we build, support, and deliver value for our customers across all of their identity, risk and compliance needs. As we continue our evolution from being the market-leader in machine learning model development to delivering AI-powered solutions across everything we do, Socure is humbled and energized to be the platform and solution provider of choice for the world’s largest and most important companies.”
Talk about the whole value proposition on a slightly deeper level, we begin from Socure’s GenAI Explainability solution, which conceives natural-language explanations surrounding ML model outcomes. This it does for the purpose of helping fraud and compliance teams resolve cases faster.
You see, with top risk signals surfaced in plain language, it is able to streamline reviews, reduce escalations, and make model behavior easy to understand. Each explanation is also stored immutably so to create a consistent, audit-ready record for compliance.
The stated technology will be available, at launch, for products such as Sigma Identity Fraud, Synthetic Fraud, Verify+, and Global Watchlist Monitoring.
Next up, we have a Compliance AI Copilot coming into play, a next-generation enhancement to its Global Watchlist Screening & Monitoring solution. This generative AI-powered assistant basically arrives on the scene bearing an ability to help compliance professionals and analysts reduce time to decision by more than 90%, something which they can do on the back of summarization of key match signals, identification of false positives, and explanation regarding outcomes in plain language.
All in all, Socure’s Compliance AI Copilot, designed to strengthen auditability, accelerate case resolution, and at the same time, ensure regulatory readiness for financial institutions operating at scale.
Another detail worth a mention is rooted in the introduction of SocureBuddy, an internal AI knowledge partner and Socure expert. Focused on making all company knowledge instantly accessible, SocureBuddy is available 24 hours a day, regardless of whether an employee’s objective is to onboard a partner, check the status of a contract, or clarify internal processes.
As a part of a broader initiative to integrate GenAI into everyday workflows, SocureBuddy can be expected to break down silos and simplify access of intelligence, all while enhancing collaboration.
Another detail worth a mention is rooted in the availability of legal AI assistant named LegalBuddy, who is focused on empowering employees to quickly access legal policies, contract statuses, compliance guidance, and more. Thanks to verified, up-to-date legal data, LegalBuddy also cuts down rather significantly on delays, streamlines decision-making, ensures legal alignment in day-to-day operations, and frees up the legal team to focus on more complex, high-impact work.
Hence, your agenda could be to better understand open-source policies or request new customer contracts, Socure’s new innovation makes a point to provide on-demand legal in every scenario.
The development in question also delivers a rather interesting follow-up to Socure’s recent efforts to enhance innovation across its field of focus. For instance, during the first half of 2025, the company conducted an AI Hackathon, where 72 team members across 16 teams built working prototypes of next-gen AI tools, inclusive of auto-generated AI-written workflows, fully embedded hosted flows, and a lot more.
