Overview
Looking for a Convenient Tool to Maintain Compliance?

ValidiFI introduces a new standard for authenticating and validating bank accounts 

This service verifies the legitimacy of a bank account, the status of the account, and account structure. Additionally, it also has the ability to detect evidence of potential fraud prior to accepting payments.  

ValidiFI is a NACHA Preferred Partner

Man Online Banking Tools Using Account Validation Solutions

Overview
Validate income, expenses, and payment patterns

We have the largest financial institution coverage at 31,000+ with over 48,000 connections for built-in redundancy.

Better Data for a Better Customer Experience

Our proprietary account validation service is like nothing you have seen. We’ve combined the freshest banking and payment data with intelligent insights to transform your risk into confidence. With the highest bank and payment data coverage in the industry, we supply you with the insights needed to succeed.  We are a Nacha preferred vendor, offering a combined solution to help maintain compliance and mitigate fraud.

Validate Your Customers’ Identity In Real-Time

with ValidiFI’s Account Validation Solutions 

Access To Better Financial Data

Routing Number & Account Number Structure
Validates that a bank routing number belongs to a Financial Institution and is ACH capable, as well as validates that account number matches the structure issued by the financial institution.
Contributory Transaction Data
Proprietary database contributed by businesses, merchants, and payment processors.
Live Account Status Validation
A live ping of the bank account to identify if the account is currently open, closed, or invalid.
Banking Data
A proprietary database housing positive and negative banking data, cleansed and normalized into actionable insights.
Case Study
Making Profits out of Near Losses

An online business dealing with fraud related to accepting ACH payments reached out to ValidiFI for assistance. ValidiFI identified the tools to discover accounts that couldn’t be collected due to being invalid, closed, or poor performance. By including an account validation service during customer onboarding and payment acceptance, they were able to mitigate returns and reduce losses.

Man Browsing Assets Using ValidiFI's Account Validation Solutions

Case Study
Borrowers' risk profile

An online business dealing with fraud related to accepting ACH payments reached out to ValidiFI for assistance. ValidiFI identified the tools to discover accounts that couldn’t be collected due to being invalid, closed, or poor performance. By including ValidiFI’s Account Validation service during customer onboarding and payment acceptance, they were able to mitigate returns and reduce losses.

Additional Resources For Account Validation