The Payments Association

JUNE 3, 2025

This enables rapid scaling of new payment use cases, without duplicating risk exposure. Traditionally, identity verification and credential storage were separate from payment processes. Now, these elements are increasingly being tokenised themselves, from identity documents to biometric consent trails.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

The Payments Association

FEBRUARY 10, 2025

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. This leads to inadequate due diligence.

IBAN 88

IBAN AML Master Account Due Diligence 88

Stax

JUNE 23, 2025

By integrating your payment portals with banks, you will keep transaction fees lower and ensure money is quickly deposited into accounts after verification. Improved security and compliance ACH APIs often come with built-in tools for bank account verification, access control, and secure API access.

ACH 88

ACH API Payment APIs and Integration ACH Network 88

Finextra

JULY 3, 2025

Your users can: Load money via card, bank, or cash agents Pay merchants or peers directly Set up recurring utility payments Use QR codes, NFC, or biometric verification for transactions In short: It behaves like a bank account with embedded superpowers, making it ideal for unbanked users, rural markets, and ecosystems where banks are slow to reach.

eWallet 52

eWallet Payment APIs and Integration PCI DSS Online and Mobile Banking 52

FloQast

MARCH 19, 2025

This could be a document, an email, a feed from another system, etc. From here, the agent transforms such data using natural language inputs. Now that you understand what agents are, its time to look at their use cases. Over 50% of companies use AI to varying degrees.

AI 52

AI Accounts Fraud Detection Audit 52

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. In the US, the Transportation Security Administration (TSA) accepts state-issued driving licences or ID cards via a TSA-approved application or digital wallet.

Security 88

Security Online and Mobile Banking Credential Verification 88

Finextra

JUNE 13, 2025

Hence, instead of spending to operate a rewards program, you’re using a more efficient payment system that funds the loyalty loop itself. Use cases across industries Closed-loop payments fit any business where loyalty and repeat spend matter. It’s sustainable, scalable, and smart.

Payment APIs and Integration 52

Payment APIs and Integration Payments Push-to-Card Authorization 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

The Fintech Times

MAY 31, 2025

In light of this, this May we are looking to spotlight blockchains use cases and where the tech is going next. Financial services rely on sensitive documents, like invoices, contracts and statements, constantly. This represents a long hash associated with a documents state with an immutable timestamp.

Blockchain 76

Blockchain Settlement Privacy Disputes 76

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. 6 Google Cloud Document AI ML-powered processing 4.2/5

Volume 52

Volume Automation AI Process 52

Fintech Review

MAY 4, 2025

Weavr A plug-and-play embedded finance platform designed for non-financial companies, with ready-made use case templates. KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. 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

NOVEMBER 7, 2024

Klippa DocHorizon might be on your radar if you’re looking to automate your document processing. This AI-powered platform transforms your documents — from invoices and receipts to complex business forms — into usable data. What makes Klippa stand out is its comprehensive approach to document automation.

Process 52

Process Automation AI Volume 52

Nanonets

NOVEMBER 13, 2024

Hyperscience is known for its AI-driven document processing capabilities. It offers organizations a robust solution for automating and streamlining data extraction from various document types.    Its unique selling proposition lies in its ability to handle complex, unstructured documents accurately and efficiently. 

Automation 52

Automation Payment APIs and Integration AI Volume 52

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

Nanonets

JULY 22, 2025

If the input is a scanned document or a free-form text field, the bot doesn’t inherently know how to interpret it. RPA is unable to directly manage unstructured datasets; the data must first be converted into structured form using additional methods. These approaches are extremely brittle.

Automation 52

Automation Bots AI Tax Refunds 52

Nanonets

NOVEMBER 23, 2024

While its free mobile app and API integration make it flexible for many users, its limitations, such as a 15-page processing cap and strict API rate limits, can hinder large scale document processing.    For businesses needing more flexible, advanced document processing solutions, exploring alternatives to Veryfi is essential.

Multi-Currency 52

Multi-Currency API Automation Online and Mobile Banking 52

Fintech Weekly

JULY 13, 2025

Some of the key use cases in customer service are: Virtual financial advisor Customer profiling Realtime fraud monitoring Executing routine tasks Reporting Customer Profiling, which is the first step to knowing a customer, is another key use case that drives customer engagement.

AI 78

AI Blockchain Payment APIs and Integration FinTech 78

Nanonets

APRIL 20, 2023

Source Reduce patient wait times, amplify the workforce, and improve efficiency across your healthcare ecosystem with automated medical document processing and workflows. Digitizing patient document processing and feeding data into the EHR is one of the most effective ways in which digitized healthcare can help improve patient care.

Automation 96

Automation Process Use Case Regulations 96

Finovate

MARCH 5, 2024

Document automation platform Ocrolus announced it has teamed up with financial data aggregation and account verification expert Envestnet | Yodlee this week. Under the agreement, Envestnet | Yodlee will leverage Ocrolus’ technology to enhance digital document capabilities for its clients.

Automation 59

Automation Use Case End User PayPal 59

Fintech Finance

JUNE 14, 2024

Fingerprint Cards AB (Fingerprints ) and WiBioCard , an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market.

Verification 98

Verification Privacy Authentication End User 98

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. An average office employee uses 10,000 sheets of paper every year. billion in 2022 to USD 16.42

Process 52

Process Automation Use Case 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

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

Nanonets

JUNE 12, 2023

Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images or paper documents into machine-readable formats that are editable & searchable. OCR is also used to digitise files and documents to make them searchable. Reduce turn around times and eliminate manual effort.

Use Case 97

Use Case Automation API AI 97

The Fintech Times

JULY 9, 2024

The switch comes after NatWest reviewed the existing verification processes for document and contract signing for its leasing business in the Nordics. NatWest has been enabling customers to consent to share bank-held identity attributes with OneID so it is great to see a use case for these services emerge from within NatWest.”

Verification 59

Verification Security Process Use Case 59

PYMNTS

APRIL 3, 2019

Cognito CEO Alain Meier and his colleagues at the identify verification service have a peculiar way of freaking out payment and commerce operators. In a new PYMNTS interview, Karen Webster and Meier talked about the power of the phone number and the role it can play as companies and consumers put more focus on ID verification.

Verification 59

Verification Money Laundering Authentication API 59

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.   Businesses often look for solutions to extract the tabular PDF data as editable table formats.

XML 52

XML Use Case API Automation 52

PYMNTS

MARCH 17, 2020

In an interview with Karen Webster, Philipp Pointner, chief product officer at Jumio , said the coronavirus may hasten a shift from paper and plastic documents toward digital ID verification. Pointner said that’s because the majority of individuals have those Real ID documents in hand. ‘Chicken And Egg’ Challenge.

Authentication 86

Authentication Verification Interoperability Cross-Border 86

PYMNTS

MAY 18, 2018

Notarize, the notary public platform that allows for the remote notarization of documents online, said Thursday that it raised $20 million in a funding round that brings the tally of money raised, cumulatively, to $31 million. This is the number one use case we see in construction,” she told PYMNTS.

Authorization 53

Authorization Transactions Encryption Audit 53

PYMNTS

FEBRUARY 12, 2019

For example, a person seeking to open a bank account traditionally proves identity via a government-issued ID document (one with a picture of themselves on it). Employing more end-to-end verification systems that use biometrics would serve to heighten the defenses against those fraudsters , he said.

Verification 57

Verification Authentication Consumer Authentication Digital Payments 57

PYMNTS

SEPTEMBER 25, 2019

And it may be the case that in the tradeoff between convenience and security, companies would do well to start looking harder into whether identity verification efforts need to be stepped up a bit, even if that means injecting friction into the equation. It’s all digital, remote and even automatable. The Problem With Friction.

Economy 75

Economy Verification Online and Mobile Banking Security 75

PYMNTS

DECEMBER 13, 2017

In payments, it is a practical question with just as many answers depending on the use case. Identity verification and user authentication are hot spaces right now, and only getting hotter as merchants, financial institutions (FIs) and consumers demand more foolproof protection against fraudsters.

Verification 62

Verification Social Security Enrollments Authentication 62

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. As has been seen in China, a color-based system tied to QR codes is being used to classify health status.

Verification 58

Verification Database Economy Government 58

The Payments Association

JANUARY 17, 2025

Drawn from deep analysis of our customer data and our field research over the last 12 months, this report, which you can download here , is our most comprehensive yet and covers more industries, regions, fraud types, and use cases than ever before.

Account Takeovers 88

Account Takeovers Verification Payments Accounts 88

CB Insights

DECEMBER 8, 2017

A new patent application surfaced in the CB Insights database is the latest clue to the stealth startup’s strategy: The technology outlined in the patent could turn an augmented reality system into a tool for hyper-rapid identity verification using facial recognition. Top Tech Patent Data.

Security 64

Security Verification On-Demand Use Case 64

M2P Fintech

MARCH 25, 2025

This plug-and-play model aims to eliminate manual documentation, sluggish approval processes, and fragmented data sources. However, like many small business owners, he faces a major challengehe does not have all the required documents readily available to complete his loan application. Without additional documentation, XYZ Pvt.

Payment APIs and Integration 52

Payment APIs and Integration Verification Small Business Use Case 52

PYMNTS

JULY 24, 2020

As the chief technology officer of identity verification solution provider Mitek , he said he knows that question had an easy answer in the past. continues, he urged businesses to find new approaches to adopting identity verification. For Stephen Ritter , the question “Who are you?” has never been more important.

Verification 83

Verification Authentication Phishing Bots 83