Identity verification, digital identity verification, AI, Machine Learning

Three Developments that will Reshape Digital Identity in 2019

Posted by Sunil Madhu on Dec 18, 2018

Consumer onboarding becomes a utility

The move to provide consumers with one-click enrollment experiences like single sign-on across apps (ex. bankID, Project Verify, GSMA RCS universal profile etc.) will ramp up. In parts of Europe and Canada where a handful of very large institutions control most of the banking structure, moves are underway for a coordinated, shared identity verification and management solution that will be made available to merchants and other providers.  

Fraud Prevention, digital identity verification, Aida

The problem with—and solution for—identity verification

Posted by Socure on Aug 27, 2018

When we think of robots, fictional characters like R2-D2, Optimus Prime, Hal, or Bender might come to mind. But, today’s robots aren’t cute sidekicks, superheroes, or destructive forces—and they’re certainly not fictional. Last month, Socure’s founder and chief strategy officer, Sunil Madhu, talked with PYMNTS.com’s CEO Karen Webster about how the current process for identity verification is broken. Madhu discussed how machine learning, on the other hand, can significantly advance identity verification and how Socure’s proprietary robot, Aida, is already making great strides in this regard.

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