The Battle Against Fraud: How BeFiSc protects Fintechs

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Fintech Quotient

7 episodes

1 week ago

There's a lot happening in fintech. Decode it here. Fintech Quotient Spotlight shines the spotlight on fintech companies and founders. Listen to the stories of these folks, what they have set out to accomplish and what drives them to do what they're doing.

Entrepreneurship

Business

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Entrepreneurship

Business

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The Battle Against Fraud: How BeFiSc protects Fintechs

Fintech Quotient

1 hour 2 minutes 48 seconds

11 months ago

The Battle Against Fraud: How BeFiSc protects Fintechs

In this episode of Fintech Quotient's Spotlight series, your host Raunak Dembla dives deep into the world of fraud detection and identity verification with Shobhit Goyal, the founder and CEO of BeFiSc. Shobhit shares his inspiring entrepreneurial journey, the challenges of building a cutting-edge fintech platform, and how AI and machine learning are shaping the future of fraud prevention. Hosted by Raunak Dembla: Raunak Dembla is the host of Fintech Quotient, a podcast spotlighting the brightest minds and most innovative ideas in the world of fintech. With a knack for exploring the intersection of technology, business, and finance, Raunak ensures every episode is packed with actionable insights and engaging stories. Featuring Shobhit Goyal, Founder of BeFiSc: Shobhit is a fintech innovator whose platform, BeFiSc, specializes in advanced fraud detection and identity verification using AI/ML technologies. What You’ll Learn: 1. Shobhit's Journey: How he turned challenges into opportunities to build BeFiSc. 2. Modern Fraud Tactics: Insights into evolving fraud schemes and how businesses can fight back. 3. AI in Fraud Detection: The role of artificial intelligence and machine learning in transforming fraud prevention. 4. Market Insights: Shobhit’s unique perspective on fintech trends and strategies for success. Whether you're into fintech innovation, AI-driven solutions, or safeguarding businesses from fraud, this episode is for you. 00:00- Introduction 3:03 - Shobit’s Journey & what does BeFISC do? 11:43 - How does modern fraud happen? 17:07 - What is BeFISc trying to solve? 24:56 - How to run a company in an industry that the government regulates? 34:45 - Story of BeFISC & Market analysis. 45:57- Interesting insights about the market 48:24- Things that went right and wrong while building BeFISC? 54:31- What motivates Shobit every day? 57:43- What does Shobit think about AI? 1:01:22 - Warp up Engage with us on: Youtube: / @fintechquotient ⁠Twitter⁠: https://x.com/fintechquotient ⁠Instagram⁠: / fintechquotient ⁠LinkedIn⁠: / fintechquotient Raunak's LinkedIn: https://www.linkedin.com/in/raunakdembla Shobhit's LinkedIn: https://www.linkedin.com/in/shobhitgo...