Elevating Bank Account Validation and Risk Assessment to New Heights

Here at ValidiFI®, we’ve been diligently enhancing and expanding our predictive bank account and payment intelligence offerings to better serve your ever-evolving compliance, bank account validation, fraud, and credit risk needs.

Introducing ValidiFI Solution Offerings: Predictive Bank Account and Payment Intelligence Solutions

• vIndex: Identify High and Low-Risk Financial Institutions.

• vAccount: Streamlined Bank Account Validation for Nacha Compliance.

• vAccount Plus: Enhanced Bank Account Validation that reveals critical insights into transaction patterns, account stability, and payment performance to reduce the risk of fraud and payment issues.

• vFraud: Detect high-frequency changes in Personally Identifiable Information (PII) and velocity metrics to check for past inquiries. Flag invalid contact details like phone numbers and email addresses, while also identifying any suspicious application or contact information for a more comprehensive fraud assessment.

• vCredit: An FCRA score that provides a more precise prediction of ability to pay, potential future risks, and the likelihood of defaults or payment issues.

• vAuth: Verify a user’s access to a bank account through real-time microdeposits. vAuth can confirm an account is valid within seconds vs the traditional 3-4 day processing time. This solution covers FedNow, RTP, and Same-day ACH payment rails.

• vConnect: Access bank accounts with consumer-permissioned transactional data through our intuitive user interface. By combining vConnect with our vInsights solution, you can unlock categorized and analyzed payload data all within one comprehensive report format, complete with an affordability score.

• vInsights: Unlock cash-flow underwriting to help you make better product placement decisions and improve the customer experience. vInsights performs a deep behavioral analysis of bank transaction history to evaluate risk, ability to pay, ownership, and fraud signals.

We understand the delicate balance of strategically introducing controlled friction and providing a seamless experience to optimize results, minimize risks, and detect fraud. Our non-credentialed and credentialed solutions not only provide versatility but also depth and breadth in coverage of credit unions, neobanks, and financial institutions that are difficult to obtain. This represents a significant step forward in achieving precision, efficiency, and improved decision-making throughout all aspects of financial operations, benchmarking against standards in the global payments industry.

The ValidiFI Omni Platform provides access to advancements

• Access predictive bank account and payment intelligence through the proprietary ValidiFI Data Network, utilizing machine learning algorithms for accurate forecasting.

• Use a single API to easily integrate, select, and expand your non-credentialed and credentialed solution offerings as your business evolves, streamlining payment processing and improving user experience.

• Leverage automation and optimization techniques to ensure compliance, validate bank accounts, detect fraud, and uncover payment and credit risks.

• Evaluate connections between bank accounts, payments, and consumers to gain historical and real-time insights into hidden risks and opportunities. Utilize transaction data to inform decision-making.

• Detect suspicious behaviors, analyze past payment performance, and validate account ownership. This enables you to deliver a seamless customer experience and make secure transactions, while effectively managing risks.

Available via one API, The ValidiFI Omni Platform unites ValidiFI’s solution offerings – vIndex, vAccount, vAccount Plus, vFraud, vCredit, vAuth, vConnect and vInsights – in one interface. These non-credentialed and credentialed solutions bring unparalleled predictive capabilities for your compliance, account validation, fraud mitigation, and risk assessment needs, positively impacting your profitability and operational efficiency.

ValidiFI is here to serve as your strategic partner, empowering you to navigate the complexities of the digital landscape with confidence and accuracy. Contact us to learn more.