Digital identity provider Socure has paid $70 million to buy document verification startup Berbix. The cash and stock transaction, announced Tuesday (June 27), allows Socure to integrate Berbix's technology and unveil its Predictive Document Verification (DocV) 3.0 solution. Based in San Francisco, Berbix offers a patent-pending forensics engine that can ferret out spoofed IDs - including artificial intelligence-generated fakes [...] The post Socure Acquires Berbix to Bulk Up ID Verification Toolbox first appeared on PYMNTS.com.
Berbix is a California-based SaaS platform that offers solutions such as ID verification, compliance, and account intelligence for sectors including finance and E-commerce.