Basis Theory

NOVEMBER 12, 2024

Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

VISTA InfoSec

FEBRUARY 25, 2024

Breaches involve stealing or leaking confidential data like customer records, passwords, financial documents, emails, or intellectual property that companies entrust to online environments. A data breach occurs when cybercriminals infiltrate your systems and access sensitive information without authorization.

Data Breach 272

Data Breach Breach Multifactor Authentication Best Practices 272

Segpay

OCTOBER 3, 2024

Age verification tools are crucial in the adult industry to ensure that only users of legal age (typically 18+) access adult content. Various tools and methods are used across platforms to verify age, ranging from simple age-checking prompts to sophisticated identity verification systems. It is GDPR-compliant and offers high security.

Compliance 105

Compliance Verification Database Privacy 105

Finovate

JUNE 12, 2025

Identity verification innovator ID-Pal has unveiled its reusable KYC solution, ID-Pal Once. The new offering streamlines the verification process, enabling users to complete identity verification as much as 5x faster. AI-powered identity verification specialist ID-Pal has introduced its reusable KYC solution ID-Pal Once.

Verification 52

Verification AML Returns Deepfake 52

Nanonets

AUGUST 23, 2023

AI-based document processing is transforming the way businesses handle paperwork. It is overhauling traditional data entry, approval systems, and document management. Most of us can relate to the frustration of sifting through complex documents, manually extracting data, or struggling with clunky document management systems.

Process 97

Process AI Payment APIs and Integration Compliance 97

PYMNTS

NOVEMBER 25, 2020

He said that identity verification can be well-achieved by AI models, but the teams creating those models need access to data that doesn’t have built-in bias. A starting point to conducting identity verification is document-based, he said. By contrast, face verification is about establishing one’s identity.

AI 141

AI Verification Disaster Recovery Authentication 141

Nanonets

OCTOBER 30, 2024

Docsumo is a document processing solution designed to help businesses automate data extraction and reduce manual data entry. It enables teams to automatically extract valuable information from various document types, including invoices, bank statements, insurance forms, and shipping documents. Strong in supplier collaboration.

Bots 52

Bots Automation Database AI 52

The Fintech Times

SEPTEMBER 19, 2024

Identity verification platform ID-Pal will have its AI-powered technology integrated into, B-Corp-certified issuer processing platform, CLOWD9 ‘s payment solutions portfolio. The partnership will see ID-Pal provide CLOWD9 with identity verification processes during the payment transaction ensuring users’ data is kept safe.

Verification 64

Verification Process AML Money Laundering 64

The Fintech Times

JUNE 3, 2025

In a conversation with Mark Walker , editorial director of The Fintech Times at Dubai Fintech Summit 2025 , Bowlby explained how frightening the global fraud figures are and why it is crucial a new way of approaching verification is needed. You have to show your government-issued documents and then we check these against government databases.

Technology 49

Technology Database Verification Governance 49

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. Some firms screened customers against the NFD but failed to submit their own cases, undermining the collective intelligence of the database.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

PYMNTS

DECEMBER 4, 2020

Address verification and validation technologies have emerged to help co mpanies ease these issues. The December Digital Customer Onboarding Tracker® explores how the use of address verification tools can help improve onboarding and checkout experiences for customers, generating higher sales and fewer abandoned carts.

Verification 67

Verification Addressing API Procedures 67

Fintech Finance

SEPTEMBER 17, 2024

ID-Pal and CLOWD9 are delighted to announce their global strategic partnership to enhance secure and efficient identity verification processes in payment processing, by offering ID-Pal’s AI-powered technology as part of CLOWD9’s innovative payment solutions portfolio.

Process 95

Process Verification Money Laundering AML 95

Stax

JANUARY 23, 2025

Key steps include application review, risk assessment, credit checks, and compliance verification. Step 4: KYC and AML Checks Compliance officers or automated systems integrated with KYC and AML verification services verify the identity of business owners and ensure compliance with anti-money laundering regulations.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Fintech Review

MAY 4, 2025

KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Persona Provides fully customisable identity verification flows with options for ID checks, biometrics, and database lookups. Best for : Businesses expanding globally that require high verification speed.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

Nanonets

JUNE 15, 2023

Document management systems have replaced rooms full of business documents. The document management software market currently stands at USD 5.5 Let’s see how you can jump on the trend to optimize your business processes with efficient document management. What is document management software?

Automation 52

Automation Verification Process Database 52

The Paypers

JUNE 26, 2025

QwikPay integrates iDenfy’s identity verification and AML solutions to support secure and real-time user onboarding while remaining compliant with Australia’s financial regulatory requirements and industry laws. To use the identity verification, users simply upload a government-issued ID and take a selfie.

Compliance 36

Compliance Security AML Verification 36

VISTA InfoSec

FEBRUARY 21, 2024

They were documented and had to be approved by authorized parties (7.1.4). But how did users interact with the databases? Well, all user access, queries, and actions on databases were done through programmatic methods. And who could directly access or query databases? Only database administrators had that privilege.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

Nanonets

MARCH 28, 2023

Not only does OCR software eliminate the need for manual data entry, which can be both time-consuming and more prone to errors, but it can also help businesses easily search through large amounts of documents for specific information. The global document management systems market size is expected to grow from USD 5.55

Process 52

Process Automation Use Case Legal 52

The Paypers

JUNE 9, 2025

Following this announcement, Trust Payments is expected to leverage Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification, and Watchlist Screening in order to unify its onboarding processes, support regulatory compliance, and elevate the customer experience across regions.

Verification 36

Verification Payments Fraud Prevention Financial Crimes 36

Nanonets

OCTOBER 9, 2024

  Whether you're a loan officer reviewing an application or a business owner ensuring your clients’ payments are in order, bank statement verification is integral to ensuring financial accuracy and fraud prevention. Let’s discuss bank statement verification and find answers to some of your biggest challenges.

Verification 52

Verification AI Reconciliation Payment APIs and Integration 52

Nanonets

NOVEMBER 14, 2023

All organizations, irrespective of size, deal with a myriad of documents that contain vital information and data required for its functioning.    Daily inundated with data in varied forms, manual management of documents and data can easily overwhelm teams, leading to confusion and inefficiency. How does Document Capture Work?

Automation 52

Automation Facilitators Audit Legal 52

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.    From multinational banks and big accounting firms to local insurance agencies and small healthcare providers, businesses of all sizes process hundreds and thousands of financial documents daily.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

PYMNTS

DECEMBER 11, 2019

Ajay Bhalla, president of cyber and intelligence for Mastercard, said everyday digital transactions and interactions have triggered the need for a new model for identity verification and privacy. . “We The pilot program will assess an innovative approach to identity verification that makes it unnecessary for people to have numerous documents.

Verification 55

Verification Visa Database Privacy 55

Nanonets

SEPTEMBER 19, 2023

In an era where the exchange of information and documents is increasingly digitized, the use of electronic signatures in PDF documents has become a ubiquitous practice. Whether it's a contract, a financial agreement, or a legal document, validating signatures in PDFs is important.

Verification 52

Verification Authentication Legal Automation 52

Nanonets

NOVEMBER 18, 2024

Amazon Textract is AWS's machine learning service that reads and processes documents automatically. You can use it to pull data from forms and tables, process both typed and handwritten text, work with PDFs and scanned images, and handle documents in multiple languages. Complex document layouts and non-standard formatting 4.

Volume 52

Volume Automation AI Process 52

Finovate

MARCH 29, 2024

AU10TIX expands its Digital ID identity verification solution Israel-based identity verification and management specialist AU10TIX announced the expansion of its Digital ID solution this week. Serving as a verification hub for businesses, AU10TIX’s Digital ID solution enables faster and more accurate identity verification.

Verification 69

Verification Privacy AML AI 69

VISTA InfoSec

FEBRUARY 28, 2024

Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Significant shift in approach. New framework for unavoidable exceptions.

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Nanonets

DECEMBER 10, 2023

From the moment a product is manufactured to its final delivery, an array of documents accompanies its journey, often creating bottlenecks in the seamless flow of operations. One of the pivotal hurdles faced by the logistics sector revolves around the management of logistics documents. What is Intelligent Document Processing?

Automation 52

Automation Compliance SWIFT Process 52

PYMNTS

OCTOBER 8, 2018

For Onfido, which verifies individual identities as people wield photo-based ID documents, tackling fraud is a matter of making sure identity documents are genuine. The choices for fraudsters seem to be a smorgasbord, with forged, counterfeit and even blank documents circulating around the underworld. The Trade-Offs.

Identity Theft 71

Identity Theft Verification Database Authentication 71

PYMNTS

JUNE 11, 2020

In an interview with Karen Webster, Zac Cohen , chief operating officer of Trulioo , said complex issues surrounding ID verification, public health and even fraud are coming to the forefront as the coronavirus changes every facet of life. In the effort to battle the pandemic, will the “trust economy” take a hit?

Verification 58

Verification Database Economy Governance 58

Nanonets

JUNE 19, 2023

Giphy Organisational workflows today largely depend on searchable PDF documents; especially those that contain lots of tabular data. Most data-rich business documents use tables to organise & present valuable information. And a lot of verification & reformatting is necessary to restore the data to its original organised form.

XML 52

XML Use Case API Rules 52

Nanonets

NOVEMBER 29, 2023

Introduction In the fast-paced world of modern business, document approval processes are paramount. These processes, which encompass the review, modification, and finalization of documents, are critical in ensuring that business operations run smoothly and adhere to necessary compliance standards.

Automation 52

Automation Legal Compliance Process 52

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Digital Innovation, Legal implementation.

AML 74

AML Legal Compliance Verification 74

Nanonets

NOVEMBER 10, 2024

Parseur is an AI-powered document processing tool that extracts data from emails and PDFs automatically. It helps businesses convert unstructured documents into organized, usable data without manual entry. The Professional plan costs $299 per month for more advanced features. Mailparser Rule-based Yes Limited Emails Email automation 4.7

Automation 52

Automation Volume Rules AI 52

Fintech News

MAY 22, 2024

IDVerse (Australia) IDVerse, formerly known as OCR Labs, is an Australian company specializing in identity verification technologies. Its AI-powered process includes a “liveness” check to ensure the person presenting the document is alive and owns the document, eliminating the need for human intervention via agents or call centers.

Financial Crimes 104

Financial Crimes Crime APACS Risk Assessment 104

Finovate

SEPTEMBER 18, 2024

Identity verification specialist ID-Pal announced a global strategic partnership with CLOWD9. The partnership will integrate ID-Pal’s AI-powered identity verification technology into CLOWD9’s payment solutions portfolio. ID-Pal made its Finovate debut at FinovateFall 2024 in New York.

Fraud Detection 64

Fraud Detection Verification Payment APIs and Integration OFAC 64

Segpay

APRIL 1, 2025

France and the United Kingdom have implemented strict age verification regulations to address this issue. The act mandates that online platforms take proactive steps to prevent minors from accessing harmful or age-inappropriate content and it emphasizes the responsibility of service providers to implement age verification systems.

Verification 45

Verification Regulations Online and Mobile Banking Laws 45