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Fraud Prevention, digital identity verification, Aida, identification verification

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 identification verification and how Socure’s proprietary robot, Aida, is already making great strides in this regard.

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