Ronan Burke, CEO and Co-Founder of Inscribe | Episode 170

My guest this week has a genuine passion for building things that create a significant impact and then using it as a mechanism for change. But according to Inscribe CEO and Co-Founder Ronan Burke, the true fulfillment in this comes with creating the opportunity on your own and not waiting for someone else to give it to you.

For those of you who may not know, Inscribe is a fraud detection automation company that helps fintechs approve more customers by automating their account opening and underwriting workflows. This includes automatically overseeing some of the most fundamental checkpoints when it comes to ensuring safe, secure transactions, such as:

·       Identity verification and KYC

·       Corporate control

·       Platform integrity

From a long-term perspective, Inscribe’s mission is to create a fair and efficient payments ecosystem by protecting platform integrity through automation and fraud detection. And their product adds value to any company that transacts large payments and facilitates high-trust interactions. And as for what makes them stand out against their competitors, one of their main advantages is they offer a fully automated solution with absolutely zero human engagement in the detection approval loop.

Tune in this week to hear Ronan talk about his journey to CEO and what the next 2-3 years look like as it relates to fraud. One thing he knows for certain is that fraud will increase substantially as the payments industry moves towards faster, cheaper, and more real-time transactions. As for what he foresees in the next decade, it looks like we can expect an ecosystem that offers less risky and even safer options when it comes to facilitating large transactions in an online environment versus a traditional retail scenario.