a16z Podcast cover image

The PPP Omnibus: Eminent Domain, Fraud, and Fintech

a16z Podcast

CHAPTER

Enhancing Identity Verification in the PPP Era

This chapter highlights the weaknesses of U.S. identity verification systems, especially during the Paycheck Protection Program, while contrasting them with the successful methods used in countries like India and Estonia. The speakers advocate for utilizing API technology, such as Plaid, to improve financial record verification for small businesses, aiming to streamline loan processes and reduce bankruptcy risks.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner