Payment Savvy

AUGUST 4, 2020

As such, they are pushing for more robust controls against fraud, and one of them is this new rule that requires account validation. Also, as part of the validation process, merchants must ensure any bank account submitted for an ACH transaction is valid. Account Validation Approaches.

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Account Validation NACHA Accounts ACH 52

Fintech Finance

MAY 7, 2024

Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

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Phixius Account Validation NACHA Accounts 52

The Nilson Report

OCTOBER 31, 2024

Morgan and Trustpair Join Forces for Global Bank Account Validation appeared first on Nilson Report. The post J.P.

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Account Validation Accounts Posting Fraud Prevention 52

The Nilson Report

JUNE 3, 2024

The post Phixius by Nacha Partners with ValidiFi for Enhanced Account Validation Coverage appeared first on Nilson Report.

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Phixius Account Validation NACHA Accounts 52

The Paypers

SEPTEMBER 28, 2023

Morgan has announced that it has been designated by the US Treasury Department under a financial agency agreement to offer account validation services for federal government agencies.

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Account Validation Governance Government Accounts 53

Agile Payments

JUNE 29, 2020

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

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NACHA ACH Nacha Rules ACH Rules 88

Agile Payments

JUNE 29, 2020

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

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NACHA ACH Nacha Rules ACH Rules 88

The Nilson Report

JANUARY 2, 2024

The post Trustmi Provides Bank Account Validation appeared first on Nilson Report.

Account Validation 40

Account Validation Accounts Posting Cybersecurity 40

The Fintech Times

DECEMBER 4, 2024

” Automating compliance The enhanced solution provides real-time account validation, to ensure that transactions meet regulatory requirements without manual intervention. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.

Regulations 59

Regulations Account Validation Compliance Treasury Management 59

Fintech Finance

APRIL 13, 2025

Beyond compliance, Paysera is going a step further – the company will also utilize iPiD’s global account validation solution, thereby not only fulfilling mandatory requirements but also actively enhancing the accuracy and reliability of international transfers.

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Verification Compliance Payee IBAN 82

Fintech Finance

FEBRUARY 5, 2025

As a direct Pix participant and regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

Regulations 73

Regulations Central Bank Account Validation Fraud Prevention 73

The Paypers

JANUARY 8, 2021

US-based Nacha has announced that digital platform ValidiFI is now a Nacha Preferred Partner for Account Validation, according to the official press release.

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Account Validation NACHA Accounts 36

NACHA

AUGUST 6, 2024

6, 2024 – Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner program for ACH Experience, Open Banking and Account Validation. RESTON, Virginia, Aug.

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NACHA Account Validation ACH Digital Payments 94

The Paypers

NOVEMBER 1, 2022

US-based digital identity platform Socure has launched a new account validation solution aimed at FIs, government agencies, and enterprises.

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Account Validation Accounts Governance Government 36

The Paypers

AUGUST 3, 2021

US-based payments fraud detection provider Advanced Fraud Solutions (AFS) has rolled out TrueACH with Account Validation.

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Account Validation Fraud Detection Accounts Payments 34

Finextra

MAY 8, 2024

Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI, a leading provider of predictive bank account and payment intelligence.

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Phixius NACHA Account Validation Accounts 52

NACHA

OCTOBER 23, 2023

Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk management.

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Phixius NACHA Account Validation Nacha Rules 52

Fintech News

JUNE 13, 2024

iPiD, a provider of payment verification solutions, has announced that its Global Bank Account Validation Deployment Kit is now available in the Microsoft Azure Marketplace. said Damien Dugauquier, Co-founder and CEO at iPiD. said Heather Gordon, Regional General Manager Asia for Partners at Microsoft.

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Verification Payee Account Validation Payments 107

The Paypers

FEBRUARY 9, 2022

Aliaswire , a provider of digital payment and credit solutions, has announced the addition of a new bank account validation (BAV) solution for banks and their commercial clients.

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Account Validation Accounts Digital Payments Payments 31

Finextra

OCTOBER 1, 2024

Trustpair, leading vendor fraud prevention platform for multi-national corporates, has now enhanced its capability to verify global bank account information and extended its comprehensive coverage collaborating with Confirm, an application developed by Onyx by J.P.

Account Validation 52

Account Validation Accounts Fraud Prevention Blockchain 52

Finextra

OCTOBER 1, 2024

Trustpair, leading vendor fraud prevention platform for multi-national corporates, has now enhanced its capability to verify global bank account information and extended its comprehensive coverage collaborating with Confirm, an application developed by Onyx by J.P.

Account Validation 52

Account Validation Accounts Fraud Prevention Blockchain 52

The Fintech Times

MARCH 12, 2025

The new Borderless Banking offering is the next big Prometeo solution set to help firms make easier payments following Bank Account Validation offering announced in June 2024. The previous offering enabled LatAm businesses to connect with 100 per cent of US banks via one integration with a single provider and API.

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Cross-Border Payments Cross-Border Payment APIs and Integration Account Validation 64

The Paypers

NOVEMBER 2, 2021

Bank of America has launched Account Validation, a fraud prevention service for corporate and public sector clients.

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Account Validation Accounts Fraud Prevention 28

PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

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Nacha Rules NACHA Rules Account Validation 71

The Paypers

AUGUST 3, 2021

US-based payments fraud detection provider Advanced Fraud Solutions (AFS) has rolled out TrueACH with Account Validation.

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Account Validation Fraud Detection Accounts Payments 28

The Fintech Times

FEBRUARY 5, 2025

As a direct participant of Pix, Brazils instant payment system, and as a regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation.

Compliance 59

Compliance Automation Rules Central Bank 59

Fintech Finance

AUGUST 7, 2024

Nacha announced that Visa , a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation.

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NACHA ACH Network ACH Account Validation 97

PYMNTS

SEPTEMBER 15, 2020

To that end, in an interview with PYMNTS, Kimber Johnson , executive vice president of strategic alliances at GIACT , said account validation is of increasing importance in an age where commerce is speeding up, and increasingly, moving online. The old saying goes: Faster payments, faster fraud.

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NACHA Verification Accounts Account Validation 69

Finextra

JUNE 18, 2024

Prometeo, a leading fintech infrastructure company connecting global corporations with financial institutions in Latin America, today announced the launch of its Bank Account Validation (BAV) offering for the US Market.

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Account Validation FinTech Accounts 59

Fintech Finance

SEPTEMBER 27, 2024

Enhanced Vendor Management: Simplifies vendor onboarding with automated tax and bank account validation, OFAC checks and secure payment processing. Real-Time Fraud Detection: Monitors multiple data points to detect and prevent fraudulent activities.

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AI Accounts OFAC Fraud Detection 97

Finextra

AUGUST 7, 2024

Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation.

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NACHA Account Validation ACH Digital Payments 52

PYMNTS

JULY 5, 2020

“The extension of this relationship addresses an increasingly important need for clients who are seeking real-time account validation to further reduce the risk of fraud and misdirected payments — which reduces costs and delivers a better user experience for clients,” she said, according to the release.

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Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

PYMNTS

MAY 2, 2019

The Association named MicroBilt for the accuracy and timeliness of its account verification capabilities, it said. “Account validation is an important tool for businesses that originate ACH transactions,” said NACHA Chief Operating Officer Jane Larimer in a statement. “With a database of more than 1.5

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NACHA Verification Accounts Account Validation 49

PYMNTS

SEPTEMBER 18, 2020

Kimber Johnson , executive vice president of strategic alliances at GIACT , the Texas-based fraud detector, told PYMNTS that account validation is increasingly important as eCommerce continues to move online. She noted that verifications can also utilize information tied to payment history.

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NACHA Cybersecurity Scams Payments 88

Fintech Finance

MAY 30, 2024

HSBC has introduced a new Payment Pre-Validation API (Application Programming Interface) to help business customers make payments with greater security, ease and confidence, by offering enhanced capabilities to verify payee details prior to initiating payments, making them faster and more reliable.

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API Payee Payment APIs and Integration Account Validation 52

The Paypers

JUNE 19, 2024

Prometeo has announced that it entered the US market via its Bank Account Validation (BAV) solution, supporting the connection between LATAM businesses and US banks.

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Account Validation Accounts 41

Fintech Finance

APRIL 9, 2025

Through this partnership, Amount will leverage ValidiFI’s comprehensive data network, which includes data from key bank sources that maximizes coverage, for the validation and authentication of bank accounts.

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Origination Enrollments Account Validation Deposit Account 59