E50 - Intelligent Pay-By-Anything and Verified Payouts - Ben Turner, Verituity

In this episode of The Payments Show Podcast, I spoke to Ben Turner who is the CEO and Founder of Verituity.

Verituity delivers first-time and on-time verified payouts and intelligent pay-by-anything experiences, all while reducing payout complexity, risks, and lowering costs.

Click through the Chapters Menu at the top of the episode webpage here: http://thepayments.show

Summary of topics discussed:
1. Initial Customers
2. Real-time Payments
3. Verification and Security
4. Pay by Anything
5. Know Your Transaction vs Know Your Customer
6. First-time On-time Payments
7. Legacy vs Fintechs
8. Industry Use-Cases
9. Moving and Verifying Data
10. Dealing with Cheques
...and much more

Details:
- Recorded on 22 Jun 2022
- Host: Satwant Phull, Founder of Digital Money Lab
- Guest: Ben Turner, CEO and Founder, Verituity.

[Next Steps]
- Get in touch with Satwant: digitalmoneylab.com
- Get in touch with Ben: LinkedIn: linkedin.com/in/turnerb
- Verituity: verituity.com

Chapters

• 0:00 Intro
• 2:58 Start
• 4:36 The Solution
• 6:54 Real-time Payments
• 9:40 Use-cases
• 11:42 Implementation 1
• 15:52 Results & Case Studies
• 18:31 Verification & Security
• 21:08 Verituity's USP
• 23:26 Business Model
• 25:23 Implementation 2
• 27:05 First-time, On-time Payments Matter
• 27:49 Trends
• 28:59 Know Your Transaction vs. Know Your Customer
• 29:56 International Standards
• 31:30 Sanctions and Deplatforming
• 34:09 Future Services
• 36:09 Chit Chat