David Yakobovitch discussed with Johnny Ayers, CEO and Founder of Socure, about the rise of identity verification and security for financial transactions in a Digital First Society. This episode featured a conversation on leading FinTech startups that are enabled by technology at Socure and similar exciting Finance ventures such as Public, Stash and Robinhood.

Topics included uncovering the powerful technology that Socure has built for identity fraud, anti-money laundering, and end-to-end predictive analytics. Notable startups discussed on the episode included Brigit, EarnIn, and Dave.com.

With its focus on binary classification and over 9 billion rows of weekly data, Socure has built three new, industry-changing solutions: Intelligent KYC, DocV and Sigma Synthetic Fraud.
Socure announced in the second half of 2020 a funding round of $35 million (here), and recently has entered the online gaming industry (here).
Socure is solving for the first ML model to verify 100% of good IDs and completely eliminate identity fraud on the Internet.
Johnny Ayers’ 2021 trend predictions on fraud include a part 1 and part 2.