Socure Acquires Risk Decisioning Company Effectiv for $136M

Socure Acquires Risk Decisioning Company Effectiv for $136M

October 28, 2024 at 11:16AM

Socure has announced its acquisition of Effectiv, a provider of fraud and risk decisioning technologies, for $136 million. This strategic move aims to enhance Socure’s predictive analytics capabilities in addressing fraud and risk management.

**Meeting Notes Takeaways:**

– Socure, a predictive analytics firm, is acquiring Effectiv.
– The acquisition amount is $136 million.
– Effectiv specializes in fraud and risk decisioning technologies.
– The news was reported by SecurityWeek.

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