Tag: EverCompliant

Square’s Cash App Enables Direct Deposit; Stripe acquires POS Startup Company Index: News Roundup

Global brand Square moves one step closer to offering full-fledged banking services while Stripe acquires POS startup Index. And in other news, Mastercard completes its acquisition of Oltio and EverCompliant secures investment from American Express.

Is Frictionless Onboarding Too Risky?

With frictionless underwriting, it’s easy to sign up for merchant accounts in seconds. If that’s the case, what’s to keep bad actors from signing up for multiple accounts, with multiple service providers?

In the latest in our series of industry perspectives on frictionless onboarding, we talk to Danny Klein, the COO of cyber risk intelligence provider EverCompliant, about how risk has evolved along with the practice.