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Socure, Sumsub, VeriFast sign up ID verification clients in regulated industries
Sept. 8, 2023, 3:12 p.m. | Masha Borak
Biometric Update www.biometricupdate.com
Digital identity verification platforms are making new deals across closely regulated industries such as sports betting and online lending.
Socure has a new client. The company will provide its identity technology to fantasy sports gambling platform PrizePicks.
Socure says that the partnership has helped PrizePicks experience double-digit growth in new member approvals. Its solution verifies new player identities in real-time with selfie biometrics, including know your customer (KYC) verification and identity fraud identification.
PrizePicks is available in 31 U.S. states, …
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