Miguel Armaza interviews Johnny Ayers, CEO and Co-Founder of Socure, a leader in digital identity verification that has transformed the industry using machine learning and graph databases. From surviving a major risk event in 2014 to becoming a trusted partner for the largest financial institutions, consumer businesses, and government agencies, Socure now processes over 15 billion rows of data weekly and has verified more than 3 billion identities globally.
In this episode, we discuss:
- How Socure rebuilt in 2014 and turned a near disaster into an advantage
- Why government fraud prevention lags 15-20 years behind the private sector, costing billions to tax payers
- Johnny's strategic approach to M&A, including their acquisition of Effectiv
- Preventing $3 billion in fraudulent disaster relief applications in just six weeks
- The future of digital identity: from biometrics to tokenized credentials and wearables... and a lot more!
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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
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