Notice: Rule Update

Effective Date: January 1, 2020

Currently, ACH Originators of online ACH debit entries are required to use a "commercially reasonable fraudulent transaction detection system" to screen for fraud. Starting January 1st, 2020, Originators are required to use "account validation" during the screening process for the first use of an account number, or changes to the account number.

Account

Account

Account Validation

Submit account and routing numbers via API to access a consortium of bank account intelligence. Our verification network gives insight into consumer and business accounts to improve ACH clear rates, prevent invalid accounts, and ensure compliance with new NACHA rules.

Employ these data points for online ACH debits, recurring payments, and high risk transactions.

COMPLIANCE

Validate bank accounts instantly to prevent fraud and remain compliant with NACHA

INSTANT

Verify account status, payment history, fraud, and account holder name in real-time

SAME-DAY

Authenticate the live status and available funds in a bank account

Account Validation

Submit account and routing numbers via API to access a consortium of bank account intelligence. Our verification network gives insight into consumer and business accounts to improve ACH clear rates, prevent invalid accounts, and ensure compliance with new NACHA rules.

Employ these data points for online ACH debits, recurring payments, and high risk transactions.

KYC

KYC

Keeping You Compliant

As regulations about Know Your Customer continue to evolve, businesses require more robust tools to evaluate a customer’s identity, history, and financial status.

Our compliance solutions connect results from multiple regulatory databases, alternative data sources, and credit reporting agencies. Access these data points to fulfill anti-money laundering, consumer protection laws, KYC, and other regulatory obligations.

OFAC

Perform OFAC screening and reduce false positives with real-time identity matching

Compliance

Complete regular compliance and audit checks on consumers, businesses, and vendors

Underwriting

Verify financial and background data to certify new customers

Due Diligence

Implement ongoing monitoring and validation checks to comply with updated regulations

Mobile

Mobile

Verification on the Go

Authenticate mobile users and their devices with real-time customer data from all the major wireless carriers. Use this connection to seamlessly validate identity, account ownership, recent charges, account opening, status updates, and any fraud associated with the account.

This robust tool requires no additional input from the customer and cannot be compromised by savvy fraudsters.

Pin-Based

SMS message authorized by mobile user

Location-Based History

SMS message authorizes and captures location

Email Link

Auto-capture device location with email link

Voice Response

Automated outbound call gets authorization

Verification on the Go

Authenticate mobile users and their devices with real-time customer data from all the major wireless carriers. Use this connection to seamlessly validate identity, account ownership, recent charges, account opening, status updates, and any fraud associated with the account.

This robust tool requires no additional input from the customer and cannot be compromised by savvy fraudsters.

Identity

Identity

Getting to Know Your Users

Sometimes, it does take a village to confirm a user’s identity before transacting an online or mobile payment. Our API is loaded with identity partners who search through 100,000+ user attributes with billions of data points to confirm one person’s identity.

This direct integration with the country’s top data resources guarantees a broad base and accurate confirmation method.

Real-Time

Instant approval or denial is a fast, smooth process that reduces checkout friction

Consumers

Choose the appropriate level of protection necessary before approving a consumer payment

Businesses

Verify small to large businesses and validate their owners, officers, and key employees

KYC Requirementss

Comply with the rules and regulations associated with knowing your customer

Explore our risk solutions

74%

of companies were victims of payments fraud in 2016

74%

of companies were victims of payments fraud in 2016

All KYC and risk needs in one API

Balancing Risk and User Experience

Digital payments often compromise a great user experience when mitigating fraud. The best risk solutions tend to create friction during checkout while a seamless payment experience can be susceptible to savvy fraudsters.

Our PAYMENT API strives to find that perfect balance by constantly integrating new, innovative technology that makes it easy to transact. As the payment experience evolves, don't get left behind.

Risk Control