Tag: Bank Account Validation

ValidiFI Collaboration with J.P. Morgan Payments will Enhance Secure Digital Transactions

ValidiFI Collaboration with J.P. Morgan Payments will Enhance Secure Digital Transactions ALPHARETTA, Georgia – ValidiFI, Inc., a  provider of predictive bank account and payment intelligence, and J.P. Morgan Payments today have announced a collaboration aimed at helping businesses across various industries validate bank accounts and conduct transactions with enhanced confidence and security. For organizations conducting […]

Community Bank & Trust Chooses ValidiFI for Bank Account Validation

ALPHARETTA, Georgia – Community Bank & Trust, a financial institution that offers a complete line of loans, today announced a partnership with ValidiFI, the leading provider of predictive bank account and payment intelligence, to verify bank account ownership and possession during the loan verification process. Through this partnership, Community Bank & Trust will utilize vAuth to verify bank account […]

ValidiFI Releases Quarterly Bank Account and Payment Intelligence Report

Unlock Comprehensive Insights on Payment Performance and Bank Account Trends Beyond ACH Compliance ALPHARETTA, Georgia – ValidiFI, the leading provider of predictive bank account and payment intelligence, is excited to announce the release of its new quarterly report, designed to explore different areas of bank account and payment data to help organizations ensure compliance while […]

Digital Transformation in Healthcare Finance: Advantages to Bank Account Validation

Electronic Funds Transfer (EFT) in healthcare refers to the electronic exchange of payment and remittance information between healthcare providers, insurers, and other healthcare stakeholders. It enables secure and efficient transfer of funds, replacing traditional paper-based transactions with digital processes.  Challenges Faced in the Healthcare Industry  Complex Billing and Payment Processes: Healthcare billing can be quite […]

Three Things They Don’t Tell You About Bank Verification

If your business engages in ACH transactions, it’s likely you’ve implemented some form of bank verification solution. However, not all bank verification services are created equal, and they may serve different functions. The term “verification” is often loosely used to describe products confirming various aspects of a bank account. This can include checking account status, […]

Optimize Leasing Operations in Property Management with Bank Account Validation

Automated Clearing House (ACH) payments have emerged as a preferred method for electronic fund transfers, enabling seamless transactions between financial institutions. Unlike traditional methods that rely on paper checks or wire transfers, ACH payments facilitate direct transfers of funds electronically, enhancing transactional reliability and reducing processing times.   While Automated Clearing House (ACH) transactions offer numerous […]

Maximizing Efficiency: The Role of Bank Account Validation in Reducing ACH Returns

Automated Clearing House (ACH) payments have emerged as a preferred method for electronic fund transfers, enabling seamless transactions between financial institutions. Unlike traditional methods that rely on paper checks or wire transfers, ACH payments facilitate direct transfers of funds electronically, enhancing transactional reliability and reducing processing times.   While Automated Clearing House (ACH) transactions offer numerous […]

How One Customer’s Experience with Application Fraud Highlights the Need for Advanced Detection and Validation

In today’s fast-paced digital world, the convenience of online lending and instant credit approvals has become the norm. However, this convenience comes with significant risks, as fraudsters continuously develop sophisticated methods to exploit vulnerabilities in financial systems.   What is Application Fraud?  Application fraud involves the use of stolen or fabricated personal information to apply for […]

Boost Your Bank Account Verification with ValidiFI: Leading Coverage and Cost-Efficiency

In today’s fast-paced financial environment, where 82% of American’s are using digital payments, having a reliable and efficient bank account verification service is critical. Does your organization depend on verifying bank accounts from a diverse range of financial institutions, including credit unions, regional banks, and neobanks? Then ValidiFI is your ultimate solution. Here’s why.  Enhanced […]

Infographic: Everything You Need to Know About Bank Account Validation

Download infographic to learn about the commonly used bank account number validation methods like prenotes and validation services, Questions and features to consider as well as how ValidiFI can help you comply. As a Nacha preferred partner, ValidiFI offers flexible account validation services to meet your organization’s use case, friction and customer experience needs. Contact […]