Digital identity verification company Socure has integrated its RiskOS identity and fraud platform into Circle’s Arc Onramp, the fiat onramp for the Arc blockchain network. The setup is designed to give applications built on Arc access to user verification and fraud decisioning as users convert fiat into USDC. According to the report, the added compliance layer is meant to work without placing identity data directly into the public transaction flow. Arc is bringing in Socure’s identity infrastructure to support financial institutions that want to build direct fiat-to-stablecoin onramp flows on the network. Socure said RiskOS combines identity verification with risk decisioning, allowing applications to assess users before funds are converted into USDC and enter the Arc ecosystem. The item was cited by Techub News and attributed to NewsBTC.
Socure has integrated its RiskOS identity and anti-fraud platform into Circle Arc Onramp, the fiat onramp for the Arc blockchain network, according to Techub News.
The system is intended to provide user verification and fraud decisioning for applications built on Arc. As users convert fiat into USDC, it adds a compliance layer without placing identity data directly into the public transaction flow.
Arc is introducing Socure’s identity infrastructure to support financial institutions building direct fiat-to-stablecoin onramp flows on the network. Socure said RiskOS combines identity verification with risk decisioning, allowing applications to assess users before fiat is converted into USDC and enters the Arc ecosystem.
The report cited NewsBTC.
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