In episode 18 of PitchIt: the fintech startups podcast we talk with Berbix Co-Founder Eric Levine.
This was a special live episode, we recorded in front of a virtual audience. Berbix instantly and accurately validates photo IDs, driver licenses, and passports. Instantly is the key word there, they do it in real-time to help ensure the user experience is smooth and someone is not forced to restart the onboarding process.
Eric and I discuss how the last 18 months have impacted fraud, the complicated nature of IDs from different states, countries, synthetic identity fraud, raising capital, and a whole lot more. I hope you enjoy the show.
In this podcast you will learn:
Eric’s founder story
The funny origin of the name Berbix
Lessons learned from Airbnb
The complicated process of verifying IDs
How Berbix verifies ID’s in real-time
The impact of Covid on fraud
The growing problem of synthetic identity fraud
How to balance user experience & friction
The differences between malicious, opportunistic and accidental fraudsters
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.