Finextra

FEBRUARY 15, 2024

Resistant AI, the AI- and machine learning-powered financial crime prevention specialists, today announces that Verto, the cross-border payment platform for emerging economies, has selected its Document Forensics to significantly enhance its document verification process, reduce application review times and enable further expansion into new markets. (..)

Cross-Border Payments 49

Cross-Border Payments Cross-Border Verification AI 49

The Paypers

FEBRUARY 9, 2024

Fintech company Ramp Network has introduced a document-free verification nsystem for crypto transactions, beginning in Brazil.

Verification 41

Verification Transactions FinTech 41

Nanonets

NOVEMBER 7, 2024

is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  Finding the right tool for document processing is like searching for the perfect key for your lock.  Why look for Super AI alternatives?

AI 52

AI Process Automation Volume 52

The Paypers

SEPTEMBER 12, 2024

Sumsub , a verification provider, has announced that it received complete regulatory compliance for its Non-Doc solution after an audit by FINTRAIL.

Verification 36

Verification Regulatory Compliance Audit Compliance 36

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

The Paypers

SEPTEMBER 21, 2023

Full-cycle verification platform Sumsub has introduced its Non-Document Verification solution in the UK.

Verification 45

Verification 45

The Paypers

FEBRUARY 3, 2022

iProov has patented new document verification technique that will help businesses prevent the use of forgeries online.

Verification 57

Verification 57

The Fintech Times

SEPTEMBER 30, 2024

Trulioo, an identity verification platform, has announced an expanded partnership with global fintech platform Airwallex , which processes over $100billion annually. In 2024, Airwallex achieved significant improvements in automatic document verification that led to a reduction in median processing times.

Fraud Prevention 58

Fraud Prevention Verification Blocks Compliance 58

Fintech News

FEBRUARY 18, 2024

But with innovation comes risk – especially around identity verification and fraud prevention. By implementing Sumsub’s no-code identity verification platform, dtcpay simplified Know Your Client (KYC) and onboarding to provide a smooth, secure user experience. Singapore is one of the world’s leading hubs for fintech innovation.

Verification 115

Verification Travel Rule Multi-Currency Compliance 115

PYMNTS

JULY 8, 2020

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates.

Verification 56

Verification Product Money Laundering AML 56

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

The Fintech Times

NOVEMBER 20, 2024

In its sixth edition, the 2025 Identity Fraud Report found that attacks involving deepfakes happened every five minutes in 2024, and digital document forgeries increased by 244 per cent year over year. ” Struggles with onboarding Digital identity verification is a vital part of the onboarding process.

Deepfake 68

Deepfake Phishing Account Takeovers AI 68

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.

AI 97

AI Process Payment APIs and Integration Compliance 97

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 63

Verification Process AML Fraud Detection 63

Evolve Payment

OCTOBER 22, 2024

This newly developing deepfake trend poses a serious risk to businesses of all sizes, making advanced identity verification more critical than ever. One way we do this is through rigorous qualification processes, which sometimes include requests that seem strange on the surface, such as requesting a selfie for identity verification.

Deepfake 52

Deepfake Verification Fraud Detection AI 52

The Paypers

OCTOBER 25, 2024

Finset , a car financing platform, has teamed up with identity verification provider ID-Pal to incorporate an AI document fraud detection feature, ID-Detect.

Fraud Detection 41

Fraud Detection AI Verification Finance 41

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 58

Automation Use Case End User Verification 58

The Paypers

FEBRUARY 19, 2024

Cross-border payment platform Verto has selected Resistant AI ’s document fraud detection solution for customer onboarding and to expedite transaction processing.

Cross-Border Payments 41

Cross-Border Payments AI Process Fraud Detection 41

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

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 Security 52

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. Document-scanning ID solutions – OneID’s document-scanning solution confirms identity via government identity documents.

Verification 58

Verification Security Process Use Case 58

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 Compliance Audit 52

The Paypers

APRIL 5, 2024

Fintech startup Sikoia has rolled out AI-driven document processing, automating 75% of tasks in customer data verification.

AI 45

AI Process Verification Automation 45

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

Finextra

MAY 29, 2024

The FIDO Alliance announced today the launch of the first globally available certification program to test and certify the performance of remote biometric identity verification technology when verifying a user against a trusted identity document for accuracy, liveness, and bias.

Verification 52

Verification Technology 52

The Fintech Times

JUNE 20, 2024

Retail trading platform Capital.com has selected identity verification platform Trulioo , to support its global expansion with streamlined customer onboarding. Combined with fuzzy matching to handle variations in form and spelling, it delivers enhanced verification accuracy and match rates.

Verification 58

Verification APACS Risk Management Volume 58

The Fintech Times

AUGUST 16, 2024

Gopher , the on-demand marketplace connecting users with qualified workers for various services , is enhancing its identity verification following a collaboration with iDenfy , the Lithuanian-based regtech. Our partnership once again shows the importance of robust identity verification, especially for mobile application platforms.”

Verification 74

Verification Checks Service Provider Security 74

Finextra

OCTOBER 14, 2024

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

Visa 86

Visa Verification Issuers 86

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 90

Compliance Verification Database Privacy 90

Fintech Review

OCTOBER 1, 2024

A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering ( AML ) and Know Your Customer (KYC) processes has never been more pronounced. Surveying 1000 consumers, the study delved into their experiences and expectations regarding digital verification.

AML 98

AML Verification Research Consumer 98

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 Compliance Legal Process 52

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

Finovate

AUGUST 21, 2024

The integration will enable mortgage lenders to access Truv’s platform via LenderLogix’s point-of-sale system LiteSpeed to secure direct-to-source income and employment verification. At the conference, the company demonstrated its income and employment verification and direct deposit switch technology.

Verification 58

Verification Point-of-Sale (POS) Process Direct Deposit 58

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

JANUARY 31, 2024

Digital banking technology company Plumery forged a technology partnership with identity verification platform Sumsub. Via the partnership, Plumery has integrated Sumsub’s verification technology into its banking engagement platform. Headquartered in London, Sumsub made its Finovate debut at FinovateEurope 2020 in Berlin.

Verification 58

Verification AML Money Laundering API 58

Nanonets

JULY 17, 2023

One of the key issue issues has been the time, cost, and expertise required to automate processes like document automation. Document automation, in particular, plays a crucial role in sectors such as finance and logistics, where countless documents need to be processed efficiently. What is Zero Shot Learning?

Automation 52

Automation B2C Process Addressing 52

Fintech News

OCTOBER 15, 2024

HashKey Global, a licensed digital asset exchange, has teamed up with Sumsub , a global verification platform, to improve its Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. This shift from manual verification to an automated system has allowed HashKey to process user verifications more efficiently.

Verification 108

Verification Fraud Detection Money Laundering Compliance 108