What happens when you combine identity verification with payment precision? That’s the question Ben Turner set out to answer when he founded Verituity, a company transforming enterprise disbursements by focusing on verification at every step of the payment process.
Drawing from his experiences at Network Solutions in the early days of e-commerce, Turner recognized that payment fraud and errors stem from an identity problem. When businesses can’t confidently verify who they’re paying, millions of dollars are lost to mistakes and fraudsters.
Turner challenges conventional thinking about payment speed and modernization. While most conversations focus on real-time capabilities, he argues that what enterprises truly need is payment precision and cash optimization. “Real-time is more valuable often on the debit side than it is on the credit side,” Turner explains, highlighting how businesses want to optimize when funds leave their accounts rather than simply accelerating all payments. This insight transforms digital disbursements from potential risk into strategic cash management tools.
Ready to transform your approach to enterprise disbursements? Discover how Verituity‘s verification-first model can eliminate payment errors, reduce fraud risk, and optimize your cash management. Connect with Verituity to learn more.
