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August 5, 2025 by Tylor Tourville Leave a Comment

Verituity Founder and CEO Ben Turner was recently published in Digital Insurance with a byline exploring the vulnerability of insurance disbursements and how firms can better protect them in a digital world. In Insurance Disbursements Are Vulnerable — How to Protect Them, Ben outlines the risks inherent in traditional payout models and offers insights into how modern verification strategies can reduce errors, fraud exposure and operational inefficiencies.

Outdated approaches to identity and account validation leave insurers exposed as they transition to digital disbursements. Ben argues that verification must be reimagined as a continuous, payment-centric discipline rather than a one-time onboarding event. By applying stronger verification at the point of payout, including real-time checks of payer identity, payee validation, account status and payment-file accuracy, insurers can make payouts more secure and predictable.

Ben also discusses the broader implications of digital payout risk for carrier operations, including how verification gaps can undermine customer trust, inflate remediation costs and create compliance vulnerabilities. He emphasizes that a robust payout strategy must align with broader enterprise risk frameworks and support outcome certainty without compromising customer experience.

Read the full article in Digital Insurance to learn more about protecting modern insurance payout systems.

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July 18, 2025 by Tylor Tourville Leave a Comment

Verituity CEO Ben Turner was recently published in American Banker with an article examining the growing urgency around payments fraud and the need for regulators to rethink how verification is approached in a real-time payments environment.

In Regulators need to lead a rethink of how we deal with payments fraud, Ben responds to the Federal Reserve, FDIC and OCC’s recent request for information on fraud mitigation, noting that fraud-related suspicious activity reports continue to climb and that check fraud has surged dramatically since the pandemic. While international initiatives such as Verification of Payee (VoP) and Confirmation of Payee (CoP) represent meaningful progress, Ben argues that static, one-time verification models are no longer sufficient in today’s digital payments ecosystem.

The article outlines why traditional verification checkpoints fail to account for evolving fraud tactics such as social engineering, synthetic identity fraud and account takeovers. Ben calls for a more dynamic, intelligence-driven approach — one that treats each transaction as its own verification event and incorporates behavioral, contextual and device-level signals to better detect risk.

As regulators consider next steps, the piece underscores a broader theme: payments are only as secure as the systems that verify them. Modernizing verification infrastructure will be essential not only for compliance, but for meaningfully reducing fraud in a rapidly changing financial landscape.

Read the full article in American Banker for Ben’s perspective on how regulators and industry stakeholders can work together to strengthen payments security.

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May 5, 2025 by Tylor Tourville Leave a Comment

Verituity Founder and CEO Ben Turner was recently featured on the Leaders in Payments Podcast, joining host Greg Myers to discuss innovation in enterprise payments, the evolving role of verification, and how financial institutions can manage risk in an era of faster settlement and digital transformation.

The Leaders in Payments Podcast is a leading forum for executives and practitioners in the payments industry, covering trends and technologies shaping the future of money movement, digital banking, and commerce. On Episode 394, Ben shared his perspective on the challenges and opportunities facing banks and enterprises as they rethink payment controls, identity verification, and fraud prevention in increasingly complex payout environments.

During the conversation, Ben explored how traditional verification approaches fall short in real-time and digital payout scenarios and why a more dynamic, confidence-based verification strategy is critical for enterprise adoption of new payment rails. He also shared insights on how financial institutions can balance speed, security, and operational resilience as the payments landscape evolves.

Ben’s appearance on Leaders in Payments builds on Verituity’s ongoing thought leadership in payments innovation and reinforces the company’s commitment to helping banks and enterprises move toward faster, safer, and more reliable payment models.

Listen to the full episode on the Leaders in Payments website.

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April 28, 2025 by Tylor Tourville Leave a Comment

Verituity’s Founder and CEO Ben Turner recently appeared on the IBS FinTech Intelligence Podcast hosted by Robin Amlôt of IBS Intelligence, discussing the evolving role of stablecoins in enterprise payments and the critical importance of verification in modern payout systems.

In the episode, titled US Treasury to Phase Out Paper Checks — What Are the Challenges?, Ben shared insights into how stablecoin adoption is progressing, why faster settlement creates new verification and compliance challenges, and what financial institutions should consider as they explore stablecoin use cases. The conversation explored how legacy KYC and onboarding checks fall short in real-time payment environments and why a continuous, confidence-based verification approach is becoming essential for secure and scalable stablecoin deployment.

Ben’s appearance builds on Verituity’s thought leadership in payments, verification, and financial infrastructure, reinforcing the company’s position at the intersection of fintech innovation and enterprise risk management. The podcast is part of a broader industry conversation about how banks and enterprises can responsibly harness emerging payment technologies while maintaining governance and operational resilience.

Listen to the full episode to learn more about Ben’s take on the future of payments and verification.

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