FinTech Magazine August 2023 | Page 20

INTERVIEW WITH ...

JOHN MYERS

With fraud on the rise across the financial sector , identity verification has become all the more important . For IDVerse ’ s CEO , John Myers , helping people and businesses feel secure is imperative
Q . CAN YOU WALK US THROUGH YOUR JOURNEY TO BECOMING CEO OF IDVERSE ??

» Becoming IDVerse CEO has been an incredible journey . For the last 25 years , I ’ ve built a business that helps other businesses grow . One of the things that I did in the early days of my career is launch a venture-build business alongside our consulting business . It was only small , consisting of 150 people in seven countries . It was designed so that we could invest in founders who had a cultural fit and alignment with us . It meant we could put our arms around them , share our skills and embark on the same adventure with them .

Then , around 13 or 14 years ago , two young men , Matthew Adams and Daniel Aiello ( OCR Labs Co-founders ), came into my office because they wanted help setting up their business properly . Fast-forward a few years and Matt and Dan were looking to move on from that venture . We sat down and they said to me ‘ we want to build the world ’ s greatest verification technology , and we want you to build the business around us ’, so they could focus on the tech while I ran the operational side of things .
I was flattered . And , even though I couldn ’ t quite grasp their tech proposition , they used big words in their PowerPoint presentation and made the slides really easy to understand , so that definitely helped ! And that was the start of OCR Labs , now IDVerse .
As the business grew and we took hold in Asian-Pacific ( APAC ) markets , it became clear to me that this wasn ’ t a fractional or part-time role . I was too engaged in the business to let anyone else be a part of it other than myself . I felt a responsibility as the custodian of these guys ’ tech , so I removed myself from my main business , and put different people in charge of the venture-build business while I continued to manage what was then OCR Labs , and I ’ m still here to this day .
20 August 2022