Woke up to this news about Matthew Thompson from Biometric Update:
“Transmit Security has appointed Matt Thompson, former president of Socure and co-founder of ID.me, as chief executive officer, and introduced Agentic Trust, a new offering designed to help financial institutions and merchants detect, investigate and control AI agents acting on behalf of customers.”
A lot to unpack there. Thompson (who was at IDEMIA when I was there) has not addressed his new role (whoops, he just did), but said this as he announced his departure from Socure:
“I will not be going too far, and will remain a huge supporter and shareholder of Socure, and I expect to continue driving value as a partner.”
And as I wrote this post, Thompson shared this:
“I’ve spent my entire career in identity: co-founding ID.me, building at Capital One and IDEMIA, and the last 5+ years driving growth at Socure. All of those experiences have prepared me for this moment and I have never seen this market move as fast as it’s moving right now.
“AI agents are opening accounts, moving money, disputing charges and completing purchases on behalf of real customers. They show up with valid credentials, and the fraud, security and identity defenses most businesses rely on can’t see them. We spent years learning to tell humans from bots. Now there’s a third kind of actor that is neither, and you can’t afford to block everything or allow anything.”
Hence Transmit Security’s Agentic Trust.
Was this worthy of two announcements?
Previous Socure posts here.
