#bank account verification

2 stories

#business #benefits payments #deceased individuals #digital identity #direct deposit #federal payments #finance #financial disbursements #fiscal 2026 #fraud prevention #government agencies #id.me

Treasury Screens 1.1 Billion Payments
Treasury blocked $175m payments to deceased individuals by screening 1.1 billion federal payments in fiscal 2026.
Pymnts · 1m
Plaid and ID.me stop benefits fraud at the bank account
A new partnership verifies that benefit payments actually reach the right person's bank account, not a fraudster's.
Pymnts · 1m