Socure adds document verification engine from Berbix in $70M acquisition

Socure has acquired San Francisco-based document verification software maker Berbix for $70 million in cash and stocks to integrate its patent-pending forensics engine for fake ID detection.

Along with the acquisition, Socure has announced the launch of version 3.0 of its Predictive Document Verification (DocV) product. The new version offers previously unmatched accuracy, speed, user experience, and fraud reduction, the company claims.

Socure Founder and CEO Johnny Ayers pushes back in the announcement against the perception that all document verification …

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