The evolution of the digital identity market

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Incode Technologies is a SF-based real-life verification and omnichannel biometric identity solution. Founded in 2015, Incode has raised more than $257M in venture funding, including a $220M Series B in December 2021, which saw participation from SoftBank, General Atlantic, JP Morgan, and others.

Onsite at Money20/20, The FR sat down with sat down with Ricardo Amper, CEO & Founder of Incode. Amper outlines: 

  • How Incode works with governments to use AI as a knowledge-generating tool, rather than a probabilistic technology;

  • Takeaways from its trial operations in two Latin American markets, and the effects thereof on reductions in identity theft;

  • The ways Incode positions itself in the market compared to providers like Mastercard, which have unveiled their own decentralized identity solutions; and

  • Why Incode believes consumers will agree to hand over identifying data for KYC purposes.