MassPay, a global payout orchestration platform, is now processing tens of thousands of identity verifications per month through its integrated solution with Veriff, an AI-native identity verification company. This collaboration aims to provide frictionless customer onboarding while upholding Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance across MassPay’s international network.
Since integrating Veriff’s technology, MassPay has enhanced its ability to scale securely, supporting instant payouts in over 200 countries and 70 currencies, utilizing hundreds of alternative payment methods worldwide.
Recent industry data highlights the demand for robust identity controls in financial services, with 97% of consumers considering them essential, according to research from Veriff. Simultaneously, consumer expectations for speed are high; Mastercard data indicates that 92% of consumers desire a fast, frictionless account-opening process, yet nearly 70% abandon digital applications due to onboarding friction. MassPay’s integration addresses this by allowing customers to complete verification in seconds.
The Veriff solution leverages advanced document verification, biometric authentication, and liveness detection, analyzing over 1,000 data points to achieve accurate decisions with a 95% first-attempt success rate. This technology is integrated directly into MassPay’s platform, streamlining the customer experience.
Jeffrey Katz, CEO and Co-Founder of MassPay, commented on the significance of the partnership: “In the platform economy, trust isn’t just important – it’s the foundation of everything we do. Processing tens of thousands of verifications monthly demonstrates how critical seamless, embedded compliance has become to our growth. Veriff enables us to verify identities globally in seconds while maintaining the highest security standards, which means our customers can focus on scaling their businesses instead of navigating complex compliance requirements.”
The integration supports more than 12,000 government-issued identity documents across multiple jurisdictions, with verification processes available in 48 languages. This global capability allows MassPay’s clients, including marketplaces, creator platforms, and businesses with global workforces, to onboard users rapidly while adhering to regulatory compliance.
Veriff’s AI-native platform also offers optional anti-money laundering features to MassPay, such as Politically Exposed Person (PEP) screening, sanctions list verification, and adverse media monitoring, further strengthening the infrastructure of trust.
Kaarel Kotkas, Founder and CEO of Veriff, stated: “Every digital interaction starts with trust. Our partnership with MassPay ensures that behind every transaction is a verified, genuine person, empowering MassPay to scale globally with confidence, making the internet a safer place.”
With an average verification time of 6 seconds, the embedded solution supports high conversion rates and protects MassPay’s platform from fraud. Advanced fraud detection capabilities analyze network and device data to combat evolving threats in real-time. MassPay, founded in 2019 and headquartered in Las Vegas, Nevada, provides a single API integration for businesses to facilitate instant payouts via bank transfers, digital wallets, credit cards, cryptocurrency, and cash pickup.
