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Equifax Strikes Deal To Buy Kount

PYMNTS

Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan. Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million.

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Digital disbursement innovation is picking up speed in certain states, luckily, as digital payment technology becomes more readily available and less costly. In the State And Local Disbursements Report , PYMNTS examines the current state of disbursement innovation and reform for U.S. government departments. Government Agencies.

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Kount Offers Anti-Fraud Product Aimed At Insurance Industry

PYMNTS

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. In a Tuesday (Aug.

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Now is a prime time for digital account opening

Independent Banker

That includes allowing customers to open accounts completely online,” says Charles Potts, ICBA’s senior vice president and chief innovation officer. The Bank of Idaho integrated online account openings into its website in 2015. It’s a tool, but it’s not meant to replace important relationships between the customer and the bank.”.

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Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments

PYMNTS

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Check fraud affected 70 percent of U.S.

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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

At base, every government agency wants three simple things when it comes to disbursements: increased efficiency, transparency and security. The main challenge in innovating public payments in the U.S. We’ve known for more than 10 years that there are issues with mailing checks, which is why we’ve seen over 4.5 A Patchwork Project .

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Travelers Expands Amazon Smart Home Program

PYMNTS

The new states enjoying these perks now include Alabama, Arizona, Connecticut, Idaho, Illinois, New Jersey, New Mexico, Oregon, Tennessee, Texas and Utah. This unique offering helps customers better protect their homes, and provides our independent agents with an innovative way to differentiate themselves in the marketplace.”.

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