{"id":550980,"date":"2023-09-15T11:42:54","date_gmt":"2023-09-15T10:42:54","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=550980"},"modified":"2023-09-15T11:42:54","modified_gmt":"2023-09-15T10:42:54","slug":"socure-partners-with-public-to-launch-investment-service-in-the-uk","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/socure-partners-with-public-to-launch-investment-service-in-the-uk\/","title":{"rendered":"Socure partners with Public to launch investment service in the UK"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-550982 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/Socure.jpg\" alt=\"Digital Identity Verification, Socure, Public, Multi-Asset Investment, eKYC, DocV 3.0, Fraud, Frictionless Onboarding, UK\" width=\"175\" height=\"175\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/Socure.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/Socure-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/Socure-100x100.jpg 100w\" sizes=\"auto, (max-width: 175px) 100vw, 175px\" \/>Digital identity verification and fraud solutions provider Socure\u00a0has partnered with <a href=\"https:\/\/www.linkedin.com\/company\/publichello\/\">Public<\/a>, a New York-based multi-asset investment platform, on its recent launch in the United Kingdom.<\/p>\n<p>Public members in the UK can now invest in over 5,000 U.S-listed equities, benefit from low FX fees, zero-commission trading during U.S. market hours, and advanced data and analytics.<\/p>\n<p>As part of this expansion, Socure provides accurate and inclusive identity verification at account opening for Public&#8217;s UK members.<\/p>\n<p>&#8220;A positive customer experience &#8211; and a safe, smooth onboarding process &#8211; is central to Public&#8217;s vision of making the public markets for all people,&#8221; said\u00a0<strong>Dann Bibas, GM of International at Public.<\/strong><\/p>\n<p>Powering the frictionless onboarding experience is <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/socure-redefines-customer-onboarding-and-identity-verification-for-banking-app-lili\/\">Socure&#8217;s<\/a> eKYC solution that delivers fast, accurate identity verification experiences that are essential to acquiring new customers and establishing trust when a Public member begins the account opening process.<\/p>\n<p>In higher-risk scenarios, part of that onboarding process may require additional validation, where Socure&#8217;s\u00a0Predictive DocV 3.0\u00a0provides step-up verification to validate the legitimacy of a government-issued ID.<\/p>\n<p>&#8220;Every new market comes with its own sets of opportunities and challenges, and the U.K. is no different,&#8221; said Bibas. &#8220;We think U.K. customers want to invest in U.S. stocks with fewer costs and more tools at their fingertips. As we grow into new markets, we look forward to learning from our customers and improving Public&#8217;s offering accordingly.&#8221;<\/p>\n<p>Expanding into the U.K. Public&#8217;s partnership with Socure allowed the US-based FinTech to scale into new geographies with an existing partner, minimizing the number of third parties it worked with and building off the strength of a multi-year partnership in the U.S.<\/p>\n<p><strong>Johnny Ayers, founder and CEO of Socure <\/strong>said, &#8220;Our entire team is humbled to execute our part in supporting Public&#8217;s growth and its core mission. As longtime partners in promoting inclusion in the financial system, we look forward to continuing to support the team as they drive equitable access to investing.\u201d<\/p>\n","protected":false},"author":35737,"featured_media":550982,"parent":0,"template":"","categories":[11387,11371],"tags":[13391,38954,11458,12829,30037,38953,36943,13670,11406],"class_list":["post-550980","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-investment-management","category-treasury-and-capital-markets","tag-digital-identity-verification","tag-docv-3-0","tag-ekyc","tag-fraud","tag-frictionless-onboarding","tag-multi-asset-investment","tag-public","tag-socure","tag-uk"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Socure partners with Public to launch investment service in the UK<\/title>\n<meta name=\"description\" content=\"Socure\u00a0has partnered with Public, a New York-based multi-asset investment platform, on its recent launch in the United Kingdom.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/socure-partners-with-public-to-launch-investment-service-in-the-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Socure partners with Public to launch investment service in the UK\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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