Socure announced the continued growth of its executive leadership team with the addition of Debra Geister as vice president of product commercialization, compliance, and regulatory.
Geister will work closely with regulators and customers to ensure that Socure products meet the industry’s ever-evolving and extremely complex regulatory standards. She will be dedicated to meeting, listening, educating, and supporting Socure customers, as well as working with the Socure sales and product teams to optimize product functionality based on customer feedback.
With more than two decades of experience in the banking compliance and anti-money laundering industries, Geister is a recognized leader in the financial crime detection field. She has worked with many of the largest financial institutions as well as technology and data companies, both global and domestic, to help eliminate and reduce money-laundering, fraud, and related financial risks.
“Everyone at Socure is extremely excited for Debra to join our KYC and AML compliance leadership team,” said Johnny Ayers, founder and CEO of Socure.
“Debra’s extensive management and regulatory experience building AML and fraud policies as well as operational teams for multiple Tier 1 financial institutions – combined with 10+ years innovating on the solution provider side of the house – is the ideal combination for this executive position.
“I can’t say enough how grateful I am that she has decided to join Socure as we continue to help our clients meet and exceed their KYC and AML regulatory requirements, while maximizing acquisition rates and accuracy. Welcome to the team, Debra!”
Prior to Socure, Geister was a Senior Vice President of the Financial Intelligence Unit and Bank Secrecy Act (BSA) Officer at MetaBank, where she and her team improved processes and operational standards while successfully parsing complex regulatory issues.
She also worked as a Senior Director at LexisNexis Risk Solutions, where she helped clients integrate better data, decisioning, and investigative tools into their BSA and fraud detection processes. In addition, Geister spent time in industry, data, and technology consulting focused on financial crime detection strategies.
“I have dedicated my career to fighting both money laundering and fraud and educating customers and analysts about the dynamics of financial crime,” said Geister. “I joined Socure to continue solving the challenges of our customers. My passion has always been problem-solving and I am excited to work with the world-class, anti-fraud Socure solutions.”