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Wire · technology

Identity Automation Moves Up the Payments Agenda

25 August 2026 · By · Wire by Fusion42

Published

25 August 2026

Topic

technology

◆ Sectors

FintechPayments

◆ Geography

United States

◆ Source

Read at pymnts.com →

◆ Verified

Fusion42 · 25 August 2026 · Fusion42 review

A PYMNTS and Plaid study reveals that 65% of firms plan to adopt or expand identity verification and KYC automation within 12 months, surpassing investments in AI fraud detection and secure bank connectivity, signalling a shift towards prioritising identity automation in payments modernization.

This Wire brief sits within Fusion42's coverage of Fintech and Payments.

◆ ◆ The Wire takeaway

Your payments product must now embed identity automation to stay relevant as clients shift budgets to KYC and reconciliation. Falling behind means losing customers to competitors upgrading faster on these front-line fraud and compliance features.

◆ Coverage

1 source · 25 Aug 2026

◆ Related on Wire

◆ Topics

FintechPaymentsidentity-verificationkyc-automationpayments-modernizationai-fraud-detectionopen-banking