FYI - For Your Innovation

Chipper Cash's Approach to Fintech in Africa with Samee Zahid


Listen Later

In today's episode, Research Associate Andrew Kim has an exciting conversation with Samee Zahid, the director of engineering at Chipper Cash. We dive into how Chipper Cash aims to revolutionize the financial ecosystem, emphasizing its recently launched product, Chipper ID. Chipper ID is an artificial intelligence-driven know your customer (KYC) verification platform that includes user verification, document verification, government database integration, and watch list screening. We'll talk about why Chipper Cash decided to build its own KYC solution and how it's not only cost-effective but can potentially shape the fintech landscape in Africa. Plus, we explore the intricacies of identity verification, the significance of data security, and their recent partnership with Visa for card issuance. 


Key Points From This Episode:


- Overview of Samee’s background

- Fintech app Chipper Cash expands with AI-driven KYC platform

- How Chipper Cash's KYC platform reduces fintechs' customer acquisition costs significantly

- Tackling account fraud in Africa with real-time face-matching technology

- Chipper ID pairs on-device liveness checks with server verification for user authenticity

- Leveraging synthetic data for testing

- Why Chipper ID's focus on proprietary data and human insight remains vital in a rapidly evolving tech industry

- Balancing costs and specificity over broad models optimizes tech use

- Streamlining document checks and user verification improves fintech security

- How Screen Sentinel aids compliance teams in sanction screening and reduces false positives

- Integrating payment and ID verification, enabling secure one-click transactions

- Chipper's near-term catalysts to focus on

...more
View all episodesView all episodes
Download on the App Store

FYI - For Your InnovationBy ARK Invest

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

381 ratings


More shows like FYI - For Your Innovation

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,182 Listeners

Masters in Business by Bloomberg

Masters in Business

2,186 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,019 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,364 Listeners

Odd Lots by Bloomberg

Odd Lots

1,780 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

934 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,301 Listeners

Real Vision: Finance & Investing by Real Vision Podcast Network

Real Vision: Finance & Investing

916 Listeners

Chit Chat Stocks by Chit Chat Stocks

Chit Chat Stocks

190 Listeners

The Intrinsic Value Podcast - The Investor’s Podcast Network by The Investor's Podcast Network

The Intrinsic Value Podcast - The Investor’s Podcast Network

554 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,905 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,537 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

391 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

344 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

452 Listeners