Payment Verification news and trends

In UK, Name Checks To Accompany Bank Payments
Security & Fraud // October 19, 2018

With an eye on fraud prevention, banks in the United Kingdom are slated to debut name checks to accompany bank transfers. The directive comes from Pay.UK, the U.K. payment authority. As noted by Financial Times and other sources, the movement, which is one known as...

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Truework Secures $50M Series C to Grow Income Verification Platform

August 09, 2022
Income and employment verification startup Truework secured a $50 million Series C funding deal that will go toward helping the company continue product development, add to its pool of talent and build out its platform.   The fresh funding was led by G Squared, with participation from Sequoia Capital, Activant Capital and Khosla Ventures. New investors […]