Socure to acquire Effectiv for $136m.

Socure, a provider of artificial intelligence for digital identity verification, fraud prevention and sanction screening, agreed to acquire Effectiv, a real-time risk decisioning company, for $136m. "As we attained identity certainty to stop attacks and ensure trust at new account opening, many large partners asked us 'why not apply the same view of identity to login, payments, authentication, account recovery and regulatory reporting? With a world-class platform from Effectiv and analytics that allows for adaptive and progressive risk decisioning, we will be able to help our partners with a single view of identity to drive instant risk and trust decisions anytime, anywhere," Johnny Ayers, Socure Founder and CEO.