Financial News

Socure Adds Identity Policy Expert Brendan Peter to Help Government Agencies Achieve Industry-Leading Identity Verification Standards

Socure, the industry leader in digital identity verification and fraud solutions, announced today that Brendan Peter has joined as vice president of government relations. Peter will work with government stakeholders to implement strong foundational policies that stress the demand for robust identity proofing and verification balanced with the need to reduce friction, reduce fraud and maintain high privacy standards.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220208006079/en/

Brendan Peter, Vice President of Government Relations, Socure (Photo: Business Wire)

Brendan Peter, Vice President of Government Relations, Socure (Photo: Business Wire)

“As the market leader in identity verification on the commercial side, there isn’t a company better positioned to help the public sector onboard citizens while solving fraud and building trust,” said Peter. “I look forward to promoting Socure as the partner of choice for government agencies who are increasingly faced with identity challenges and fraud problems.”

His work will initially focus on the public sector to bring inclusive access to government services and benefits and ensure that they are going to the right people in the most trustworthy way. Peter will also spearhead policy engagement and counsel in other markets Socure serves such as online gaming, crypto and e-commerce marketplaces.

“I’m excited to bring another industry veteran and long-time colleague in to partner with me to help policymakers and program managers understand the level of expertise that Socure brings to the table and accelerate the adoption of identity verification solutions that drive equity and access for all,” said Matt Thompson, Socure’s general manager of public sector solutions.

For 25 years, Peter has worked at the nexus of public policy and strategic business growth in technology and identity verification. Before joining Socure, Peter served as Head of U.S. Government Relations for Seagate Technology, a leading advanced storage technologies company. Peter also served as Vice President of Government Relations for IDEMIA, one of the world’s largest biometric and identity security companies, and as Vice President and Head of Global Corporate Affairs for CA Technologies, one of the world’s largest independent software companies. Peter has also held executive posts at LexisNexis, Daon, the Information Technology Association of America (ITAA) and the Jefferson Consulting Group.

Peter earned his bachelor’s degree in English from James Madison University and his master’s degree in English from Georgetown University.

About Socure

Socure is the leading platform for digital identity verification and trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 1,000 customers across the financial services, gaming, healthcare, telecom, and e-commerce industries, including four of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, the top online gaming operator, the top Buy Now, Pay Later (BNPL) providers, government agencies, and over 250 of the largest fintechs. Marquee customers include Chime, So-Fi, Varo Money, Public, Stash, and DraftKings. Socure customers have become investors in the company including Citi Ventures, Wells Fargo Strategic Capital, Capital One Ventures, MVB Bank, Voyager and Synchrony. Additional investors include Accel, T. Rowe Price, Bain Capital Ventures, Tiger Global, Commerce Ventures, Flint Capital, Scale Venture Partners, Sorenson, Two Sigma Ventures and others.

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