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Checkout.com launches Identity Verification

PRNewswireJuly 11, 20238 min
Uber Eats uses Checkout.com Identity Verification (IDV) to streamline delivery driver onboarding Businesses can now verify customers seamlessly in under 120 seconds, 24 hours a day, seven days a week, from every country in the world Powered by AI, trained on billions of data points, it reduces identity fraud by analysing documents over a video stream Checkout.com, the global payments solution provider, launches Identity Verification, its first product focused on improving the customer onboarding and identity verification process and expanding...

Online Payment Fraud Losses to Exceed $343 Bn Over the Next 5 Years

BusinessWireJuly 11, 20224 min
A new study from Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year; showing the massive extent of these losses. Online payment fraud includes losses across the sales of digital goods, physical goods, money transfer transactions and banking, as well as purchases like airline ticketing. Fraudster attacks can...

Aevi Unveils a new Brand Identity

PRNewswireMay 12, 20225 min
The new brand has been developed to support Aevi’s mission to build a more open world, where anyone, anywhere, can take and make any kind of payment. The in-person payment experts bring transactions together on one open platform. Keeping banks, acquirers and other payment service providers ahead of whatever comes next in payment tech.  Aevi, announced today that it has completed a major rebranding project.  Aevi’s purpose is opening up transaction data and setting payments free. The powerful and dynamic new brand...
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