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Jumio and Prometeo Partner to Launch ID Verification Solution

Finovate

Digital identity solutions company Jumio announced this week that it has partnered with fintech infrastructure company Prometeo to create a solution for identity authentication and bank account validation across Latin America. “We’re proud to reach this milestone, which adds an extra layer of security and trust for our clients.”

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Securing Faster Payments: Modernizing Account Validation

Payments Dive

In 2018 alone, ACH network volume reached nearly 23 billion payments –70 payments per person in the U.S. Account validation capabilities have not kept pace.

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Important NACHA Changes: Account Validation

Payment Savvy

NACHA’s recent figures revealed that in 2018, U.S This accounts for close to 82% of all U.S As such, they are pushing for more robust controls against fraud, and one of them is this new rule that requires account validation. Account Validation Approaches. Understanding the New Requirements.