Louisville, KY. (1/17/2013) With the
rising fees and complicated nature associated with traditional banking
practices, many American consumers are now opting for alternative solutions
available online for money and payment management.
PayToo is a company that meets the
changing needs of consumers in the mobile wallet industry, and has partnered
Verification Systems (EVS) to assist in the required compliance and
PayToo, who first partnered with EVS in June 2012, is now utilizing
products including IdentiFraud
Corporate, SSN Lookup, and IdentiFraudInternational.
We are experienced in assisting companies in the Mobile Wallet space
with their compliance needs, particularly with Anti-Money Laundering (AML) and
Know Your Consumer (KYC) regulations, Jeff Davis, President and CEO of EVS
said. We also help protect their customers from fraudulent activity on their
account through our IdentiFraud suite of products.
In the burgeoning market of mobile banking payment solutions, PayToo has
already established itself as an industry leader. As the worlds premier
mobile wallet, its important that PayToo does everything it can to aid in
security, fraud detection and compliance, says Michel Poignant, CEO of PayToo
Corp. Partnering with EVS was an easy decision theyre one of the top
security and compliance solutions on the market.
The products viability in a growing category, along with its trusted
security and authentication, Davis believes, makes for a strong partnership in
We are excited and honored PayToo chose to partner with EVS for their
compliance and fraud prevention needs, Davis said. The mobile wallet is the
future, and we cant wait to see PayToo grow to be the industry leader.
To learn more about IdentiFraud
Consumer or about other EVS services, contact Eric Knapp,
VP of Client Services, at (866) 491-5665.
About Electronic Verification Systems
Electronic Verification Systems is a leading provider of fraud
prevention solutions designed to help businesses combat identity theft, control
costs, satisfy governmental regulation, and support audit and control
requirements. With major clients in the financial services, retail product,
brokerage, education, insurance, and corporate security industries, Electronic
Verification Systems provides powerful and innovative solutions to businesses
and organizations across the world.