Instant Bank Account Validation
A comprehensive suite of solutions designed to verify account status, ownership, and risk in real-time for consumers and businesses.
![[Advancial Federal Credit Union]](https://validifi.com/wp-content/uploads/2024/06/Logo-Advancial-Credit-Union.png){kind=logo}
ValidiFI’s scalable account validation solutions adapt to your needs—whether verifying account status for compliance or fully authenticating ownership to prevent fraud.
As a Nacha Preferred Partner, we help businesses meet Nacha’s WEB Debit Rule while reducing returns and ensuring seamless ACH transactions. Powered by predictive attributes, AI/machine learning, and an extensive network of third-party data sources, our solutions provide the broadest bank account coverage, enabling confident payments with the right level of validation for your business.
Validate bank accounts and transact with enhanced confidence and security
ValidiFI’s vAccount+ Verify and Coverage Solutions bring together differentiated data from ValidiFI, J.P. Morgan Payments, and Early Warning® — offering:
Bank account and payment intelligence, featuring inquiry, payment, and loan performance data on over 51 million consumers and more than 63 million bank accounts.
Proprietary data insights from J.P. Morgan Payments, the largest U.S. bank, that processes nearly $10 trillion payments daily.
Deposit performance data contributed by more than 2,500 participating financial institutions from the Trusted Custodian® of the National Shared Database Resource.
Seamless, secure, and scalable bank account validation
| vAccount Verify bank account & routing number for compliance | vAccount + Validate routing & account number with increased coverage | vAccount + Verify Direct verification for higher confidence | vAccount + Authentication Maximize coverage and minimize risk | |
|---|---|---|---|---|
| Meets Nacha regulations | ||||
| Validate account is open, valid, ACH capable | ||||
| ValidiFl's Account Risk Network for increased coverage | ||||
| Verify with authoritative source data | ||||
| Account owner authentication optional |
Verify bank account & routing number for compliance
- Meets Nacha regulations
- Validate account is open, valid, ACH capable
- ValidiFl's Account Risk Network for increased coverage
- Verify with authoritative source data
- Account Owner Authentication Optional
Validate routing & account number with increased coverage
- Meets Nacha regulations
- Validate account is open, valid, ACH capable
- ValidiFl's Account Risk Network for increased coverage
- Verify with authoritative source data
- Account Owner Authentication Optional
Direct verification for higher confidence
- Meets Nacha regulations
- Validate account is open, valid, ACH capable
- ValidiFl's Account Risk Network for increased coverage
- Verify with authoritative source data
- Account Owner Authentication Optional
Maximize coverage and minimize risk
- Meets Nacha regulations
- Validate account is open, valid, ACH capable
- ValidiFl's Account Risk Network for increased coverage
- Verify with authoritative source data
- Account Owner Authentication Optional
The value for your business
Detect Fraud
Identify fraudulent accounts and reduce the risk of payment failures and ACH returns.
Increase Confidence in Transactions
Additional insights to enhance account validation
Flexible pricing structure
No monthly minimums and a pay-as-you-go model, allowing you to scale flexibly without unnecessary overhead
Dedicated support for your success
Personalized attention and the support you need to optimize operations and avoid wasting time and resources.
Reliable ACH verification across industries
Verifying ACH transactions on consumers, vendors, and businesses— across various industries including Financial Services, Retail, Subscription Services, Insurance, Government, Rental, and more:
- Disbursements - Loans, interest payments, claim payouts, refunds, and loyalty rewards, benefit payments
- Accounts Payable - Vendor payments, third-party providers, service partners, contractors
- Accounts Receivable - Collection of subscription fees, customer payments, rent payments
- Payment Changes - Updating bank account details or switching payment methods
Related resources
Related products
vConnect®
Intuitive login interface to unlock verified validation and cash-flow underwriting.
Frequently asked questions
Bank account verification or bank account validation is the process that confirms a bank account is open, valid and ACH capable.
vAccount™ is an account validation tool to help organizations ensure Nacha WEB debit compliance. Cost-efficiently validate the status of a given bank account prior to onboarding consumers or making payments.
Organizations that send or receive ACH (Automated Clearing House) payments need to comply with NACHA (National Automated Clearing House Association) rules. This includes
- Financial institutions including banks and credit unions
- Payment processors such as payroll providers
- Organizations and businesses that send or receive ACH payments such as auto finance companies, property management companies
These rules ensure security, protect against fraud, and maintain the efficiency of the ACH network.
The NACHA WEB Debit Rule requires Originators (businesses or payment processors that initiate ACH transactions) to validate a consumer’s bank account when it is first used for a WEB debit. This helps ensure the account is legitimate and accessible.
Many customers leverage vAccount™ as a cost-effective account verification tool for compliance.
As an account validation solution, vAccount™ requires routing and bank account number in order to determine if it is a valid, open and ACH capable account.
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.
![[OLA Member]](https://validifi.com/wp-content/uploads/2024/06/seal.png)
![[Nacha Preferred Partner]](https://validifi.com/wp-content/uploads/2024/06/Frame-63.png){kind=small}