Fintech Leaders

Johnny Ayers, CEO of Socure - Building a Giant that Protects Billions of Identities, and How to Turn a Crisis into an Advantage


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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!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 75,000+ readers and listeners worldwide!

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.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIp

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Fintech LeadersBy Miguel Armaza

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