Authenticate bank account access instantly
Authenticate a user has current authorized access to an account leveraging our real-time microdeposit solution
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For many years, microdeposits were one of the most relied upon forms of account verification. However, the time required to facilitate ACH micro-deposits resulted in the solution becoming impractical.
vAuth® , our instant microdeposit solution, provides the capability to validate a user’s access to a bank account in real-time. By utilizing instant payment rails like RTP and FedNow, vAuth® can confirm an account is valid within seconds.
Microdeposit verification, which traditionally took 3-4 days for processing, can now be conducted in real-time. Increase confidence in verifying bank accounts prior to sending high-value transactions and extend reach to consumers who are hesitant to provide their bank account credentials for login.
vAuth®
- We deposit a penny into the consumer’s bank account in as little as 15 seconds through instant payment rails
- We notify the consumer of the deposit through phone or email
- Consumer locates the deposit and enters the 4-digit code to confirm access
- Account is validated in real-time
The value for your business
Payment Rail Coverage
Covers payment rails including FedNow, RTP, and Same-Day ACH
Detect Fraud
Confirm an account is valid within seconds and reduce fraud risk
Streamlined Authentication
Confirm a user has access or account ownership in real-time
Related resources
Related products
vAccount™
Verify a bank account is valid, open and ACH capable to ensure Nacha WEB debit compliance.
Frequently asked questions
Microdeposit verification is a method used to confirm a bank account belongs to the user without requiring access to sensitive login credentials.
This is done by having a third-party provider like ValidiFI deposit a small amount – usually less than $1 – into a user’s bank account in real-time. The user then checks their account for the deposit.
Compared to traditional micro-deposits that can take anywhere from 3 – 4 days to process, vAuth® is an instant microdeposit solution for faster account validation.
Coverage can vary depending on the institution the consumer is using, but by leveraging instant payment rails including FedNow, RTP, and Same-Day ACH, vAuth can achieve up to 70% account coverage.
Yes, all customers are required to report their performance data as we are a give-to-get data model. By doing this, all customers gain tremendous value from accessing a much larger database of information than they would without data contribution across the network.
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