Mark Straub, Smile Identity - Face Recognition Is, In A Sense, Deep Technology | #238

The Meb Faber Show - Better Investing

The Idea Farm

Business, Investing, Management

4.8 • 978 Ratings

🗓️ 20 July 2020

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 238 we welcome our guest, Mark Straub, co-founder and CEO of Smile Identity. In today’s episode, we’re talking user authentication and biometric checks. We kick off the episode with some observations from Mark about the evolution of startup fundraising as he’s traveled the world. We get into some of the efforts that have been in place by organizations in emerging economies to prevent fraud, and some of the issues that have resulted as a byproduct. We discuss the backstory of Smile Identity and the current use case for Smile Identity’s technology. We dive into the nuts and bolts of challenges faced by face recognition technology, and the thought and work involved to implement and train algorithms for biometric checks. All this and more in episode 238 with Mark Straub. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Mebb Faver Show, where the focus is on helping you grow and preserve your wealth.
0:11.0	Join us as we discuss the craft of investing and
0:13.5	uncover new and profitable ideas all to help you grow wealthier and wiser.
0:17.2	Better investing starts here.
0:18.8	Met Faber is the co-founder and chief investment officer at Cambria Investment Management.
0:23.3	Did it industry regulations, he will not discuss any of Cambry's funds on this podcast.
0:27.2	All opinions expressed by podcast participants are solely their own opinions and do not reflect the opinion
0:31.1	of Cambria Investment Management or its affiliates.
0:33.4	For more information, visit Cambria Investments.com.
0:35.6	Hey, podcast listener, super fun show for you today.
0:42.2	Our guest is co-founder and CEO of
0:44.0	Smile Identity, an African-focused identity validation solution for companies
0:48.1	in mobile first economies. In today's episode we're talking user
0:52.0	authentication and biometric checks.
0:54.0	We kick off the episode with some observations on startup fundraising in emerging markets
0:58.0	as our guest has traveled and lived and invested all over the world.
1:01.0	We chat preventing fraud in emerging markets and discuss the
1:04.0	backstory of smile identity. We then dive into the challenge and pitfalls. Many of these
1:08.1	big tech companies like Amazon and Microsoft are experiencing with facial recognition
1:12.4	technology offerings.
1:14.0	We then chat how best to train algorithms for biometric checks
1:17.0	using computer vision and machine learning and some of the pitfalls there.
	...

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