43 min listen
Sunil Madhu – Combating Fraud with an Alternative Identity Verification Method
Sunil Madhu – Combating Fraud with an Alternative Identity Verification Method
ratings:
Length:
27 minutes
Released:
Sep 5, 2017
Format:
Podcast episode
Description
“Fraud causes global governments several trillions of dollars of loss annually from a GDP perspective, so it’s a big problem for global economic growth,” says Sunil Madhu, Founder and CEO of Socure. According to Madhu, a big part of the problem stems from the current bureau-based identity verification process that many businesses use for establishing new customers. Socure offers an alternative method; one that uses predictive analytics machine learning to compare and evaluate information that is given in the real world by potential new customers with information in the digital world. In a matter of seconds, Socure’s machine learning models are able to differentiate between risky and non-risky profiles, and to accurately predict whether or not an individual poses a fraud risk. Socure has already been used across 108 countries and continues to grow. Tune in to learn more. Madhu also discusses: How the trends of the emerging population of millennials are making identity verification more difficult The types, trends and demographics of fraud What the near future holds for Socure, and how to stay connected
Released:
Sep 5, 2017
Format:
Podcast episode
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