11–20 of 57 posts
Do you verify consistency of components on a license through access to a DMV database (e.g. name matches address matches license number) or is this closer to a surface-level check of subtle visual indicators present on a license? Watermarks, holograms, etc.
Curious if the core asset here is a well-trained CV model, or if there's a data/partnership moat as well.
How is your service different from the KYC service providers out there targeting fintech startups?
Many of the existing KYC providers for fintech startups rely on credit reports to perform identity checks. Our perspective is that relying on credit reports alone is becoming increasingly problematic given the widespread data breaches which expose the underlying data. Bad actors have access to full name, date of birth, address history, and social security numbers for countless individuals. We believe that going forwa…
Maybe it is not the case in the US? Interesting.
How is your service different from the KYC service providers out there targeting fintech startups?
Many of the existing KYC providers for fintech startups rely on credit reports to perform identity checks. Our perspective is that relying on credit reports alone is becoming increasingly problematic given the widespread data breaches which expose the underlying data. Bad actors have access to full name, date of birth, address history, and social security numbers for countless individuals. We believe that going forwa…
Is your market research limited to the US?
Congrats on the launch! Do you verify consistency of components on a license through access to a DMV database (e.g. name matches address matches license number) or is this closer to a surface-level check of subtle visual indicators present on a license? Watermarks, holograms, etc. Curious if the core asset here is a well-trained CV model, or if there's a data/partnership moat as well.
I love this, for the same reason I love Stripe (and before them authorize.net et al): I don't want every vendor I use that has KYC requirements to implement their own controls on the screenshots/scans/videos/whatever of government IDs, because then there will be a huge amount of variation and some of them will inevitably get it very very wrong.
Putting it all under one roof (or a few roofs) allows those few companies to get storing and handling this toxic data really right, extract a reasonable amount of revenue, and everybody wins (Berbix wins because money, their customers win because they don't have to pay the opportunity cost or real cost of developing this in house, and end users win because of better/safer handling of ID information).
Congrats on the launch! Do you verify consistency of components on a license through access to a DMV database (e.g. name matches address matches license number) or is this closer to a surface-level check of subtle visual indicators present on a license? Watermarks, holograms, etc. Curious if the core asset here is a well-trained CV model, or if there's a data/partnership moat as well.
Congratulations! Know your customer/online id verification sure looks like the business to be in lately. Given that there's https://veriff.com which seems to be the most advanced one and they are also YC graduate, what's the advantage/edge you guys have? Selling on the price looks like a race to the bottom. Or are you focusing on USA customers only? GDPR and all that.
1. "images that leave our system..."
Why do they at all??
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2. You're a startup. Meaning: 90%+ chance you die. What procedures have you put in place to make sure that ALL the data is destroyed in case your company changes hands, so that it cannot be used by somebody whose ideas and privacy are different than yours, simply by buying you (or your carcass after you are bankrupt)?
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3. What use is watermarking in case of a giant data breach? The fact that we know that YOU lost our data doesn't help us any. What are your plans for data storage such that a breach in your systems does not allow easy exfiltration?