Payments modernization budgets are lining up behind identity, reconciliation and automation, providing a clearer picture of what businesses intend to build next. PYMNTS Intelligence data, in collaboration with Plaid, shows 65% of firms plan to adopt or expand identity verification and know-your-customer (KYC) automation within...
Checkr has expanded its verification platform by acquiring Truv, a provider of consumer-permissioned income, employment and asset verification, Checkr said in a Tuesday (Aug. 18) press release emailed to PYMNTS. The acquisition builds on Checkr’s expansion of its offerings over the last year to include...
Watch more: Need to Know With Plaid’s Shaffer Bond Fraud has traditionally been treated as a problem to investigate after money has moved. That approach is becoming harder to sustain as faster payment systems compress settlement times and reduce opportunities to reverse transactions. For many...
A business deploys an artificial intelligence agent to manage procurement. The agent queries suppliers, compares prices, issues purchase orders, and routes payments. The supplier on the other end has no way to verify whether the agent placing the order is legitimate, acting within authorized limits,...
October 07, 2026
Agentic commerce is creating a new transaction type before the payments industry has fully created the rules for accepting it. While payment stacks have become fine-tuned for transaction authorization, agentic commerce inserts a new question. Not, “should this transaction be authorized,” but; “was this machine authorized to make this decision?” Consumers already distinguish sharply between […]
August 25, 2026
Payments modernization budgets are lining up behind identity, reconciliation and automation, providing a clearer picture of what businesses intend to build next. PYMNTS Intelligence data, in collaboration with Plaid, shows...
June 29, 2026
A business deploys an artificial intelligence agent to manage procurement. The agent queries suppliers, compares prices, issues purchase orders, and routes payments. The supplier on the other end has no...
May 29, 2026
Fraud losses and payment failures are getting harder to recover after settlement and middle market firms are responding by moving verification and identity checks earlier in the customer relationship —...
August 18, 2026
Checkr has expanded its verification platform by acquiring Truv, a provider of consumer-permissioned income, employment and asset verification, Checkr said in a Tuesday (Aug. 18) press release emailed to PYMNTS. The acquisition builds on Checkr’s expansion of its offerings over the last year to include Mortgage, Tenant and Personal verification solutions, according to the release. […]
December 04, 2025
Identity platform Trulioo has joined Google’s Agent Payments Protocol (AP2) initiative, which creates a common language for how artificial intelligence agents can initiate and complete transactions on behalf of users....
August 27, 2025
WEX has selected Trulioo Document Verification and Biometrics to handle the know-your-customer (KYC) process for its European fuel card customers. With this move, WEX will replace manual processes while enhancing...
August 05, 2025
For banks racing to turn digital account opening into a single click, the Federal Deposit Insurance Corp. (FDIC) just flashed a regulatory green light. In a supervisory letter published Tuesday...
