Verituity, the digital payout platform that delivers first-time and on-time, verified payouts and intelligent pay-by-anything, today announced its inclusion on DCA Live’s 2022 Red Hot Companies list. The annual award, now in its seventh year, recognizes the Washington, D.C. area’s fastest growing and most exciting companies across cybersecurity, big data, fintech, proptech, and health care.
This is the second year in a row that Verituity has been recognized by DCA Live for its work to transform the $200 billion payouts industry. Verituity was named alongside 46 other companies for its growth and ability to attract capital and top talent. The 2022 Red Hot Companies award winners will be celebrated at a ceremony on July 20 in Rosslyn, VA.
“This recognition is testament to our core belief that our customers don’t have to change how they conduct business in order to modernize and offer payees the choice of how and when they want to be paid,” said Ben Turner, founder and CEO of Verituity. “We are proud to be recognized for a second time alongside so many inspiring companies in the region and look forward to continuing our work to transform the payouts industry.”
“We are excited to have Verituity back on the list this year. Ben and his team have done a tremendous job and we can’t wait to see what is next for the company,” said Doug Anderson, founder and president of DCA Live.
Verituity connects banks, businesses, and payees to first-time and on-time verified payouts and intelligent pay-by-anything experiences. The cloud-based, white-labeled platform allows payers to customize the payout experience and payees to receive payments in the manner that best suits them. Verituity’s proprietary Holistic VerificationTM mitigates fraud, errors, and data gaps and increases payout success by +55%. The platform lowers the cost of payouts by helping clients move away from costly and inefficient paper checks. Verituity is working to revolutionize the payouts space by reducing risk and complexity, improving payee satisfaction through intelligent pay-by-anything, and radically accelerating digital transformation through connect-to-anything technology that speeds up go to market efforts and lowers cost.
ABOUT VERITUITY
Headquartered in McLean, VA., Verituity is a cloud-based platform that connects banks, businesses, and payees to first-time and on-time verified payouts and intelligent pay-by-anything experiences. Verituity’s secure platform places verification at the core of digital payouts by seamlessly unifying and automating identity verification, payment choice, account verification, and verified payment orchestration so payers and payees can make or receive digital payouts with confidence and choice. For more information, please visit: www.verituity.com.