Stripe's new AI-powered tool, called Stripe Identity, can help clients verify the identity of their customers.
The tool, which launched Monday, lets businesses verify identities to battle fraud and make sure customers are complying with regulations.
"Businesses have been asking us for an easy and fast way to verify identities online," Rob Daly, head of engineering for Stripe Identity, said in a statement. "Now, any internet business — from a five-person startup to a multinational enterprise — can begin securely verifying the identities of their users in a matter of minutes, not weeks or months."