Berbix (now part of Socure) | LinkedIn (original) (raw)
Software Development
San Francisco, CA 1,987 followers
Berbix makes it easy to verify photo IDs online.
About us
Berbix makes it easy to verify photo IDs online. Our instant ID checks provide platforms with reliable ways to verify age, fight chargebacks, enhance KYC, and deter marketplace fraud. Founded by the former product and engineering leaders for Trust & Safety at Airbnb and backed by Y Combinator and Initialized Capital, Berbix sits at the intersection of identity and fraud. We take an industry-specific approach to help our customers customize and control the way they fight fraud through scalable hosted tools.
Industry
Software Development
Company size
11-50 employees
Headquarters
San Francisco, CA
Type
Privately Held
Founded
2018
Locations
Employees at Berbix (now part of Socure)
Updates
- We're proud to share that we've been acquired by Socure, the leading provider of digital identity verification and fraud solutions. Together, we will revolutionize the ID document verification market, setting a new bar for accuracy, speed, user experience, and fraud reduction. The story is all in the numbers. Socure's new Predictive DocV 3.0 solution delivers: ⚡️ Fully automated decisioning increases by 14% - DocV 3.0 delivers 94% auto decisioning versus an industry standard of 80% ⚡️ First-attempt auto approvals of good consumers increases by 26% - DocV 3.0 delivers a 90% approval rate of good consumers versus an industry standard of 64% ⚡️ Fraudulent document capture increases by 27% - DocV 3.0 accurately captures more than 83% of all fraudulent documents versus an industry standard of 56% ⚡️ Speed to decision increases by up to 90% - DocV 3.0 delivers accurate, fully automated conclusive results in less than 4 seconds versus a market range of 6-75 seconds Read the news here: https://bit.ly/46sdgEe
Socure Acquires Berbix for Approximately $70 Million in Cash and Stock https://www.socure.com
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