Acuant Teams Up with Prime Trust to Enable B2B Financial Infrastructure with Enhanced Verification

Acuant, a leading global provider of identity verification, today announced that Prime Trust is engaging Acuant's Trusted Identity Platform for identity verification and compliance to meet Anti-Money Laundering (AML) regulations, manage fraud and fight financial crime, all in one platform.  Prime Trust provides innovative API-enabled B2B financial infrastructure spanning payments, custody, and liquidity for others to build fintech applications on top of including payment and neobanking applications, crypto exchanges, crowdfunding portals and more at scale. In the wake of the COVID-19 pandemic, increased digital transactions has meant a greater risk of monetary fraud. The need for businesses to seamlessly and quickly process transactions while preventing fraud has become critical.