vCONNECT®

Verify account ownership

Instantly verify bank accounts to confirm ownership, streamline onboarding, and speed up funding for a smoother customer experience

Solution Overview

With 95% of Americans now having access to a bank account, organizations, and financial institutions can leverage consumer’s financial institution information to reduce friction, enhance user experience, and enable faster, more secure transactions.

how it helps

Easily enable customers to verify account ownership and share bank account details through vConnect®, our user-friendly login interface. Instantly validate bank access and ownership, and leverage balance and payment insights to streamline onboarding, better assess risk, and maximize conversions.

vConnect® allows you to instantly authenticate users and bank accounts prior to onboarding or making transactions. But that’s just the beginning.

Unlock additional capabilities by pairing vConnect® with vInsights™ from ValidiFI® to: 

  • Easily categorize payload data
  • Access cash-flow insights to make lending decision with confidence
  • Improve risk management through a comprehensive report complete with an affordability score
How It Works

vConnect®

Allow consumers to easily verify bank access or share account data, making it simple to enable faster, more informed decisions:

KEY BENEFITS

The value for your business

Maximize Conversions

Intuitive login interface to empower login and reduce abandonment

Reduce Risk & Fraud

Screen out consumers that cannot confirm the ownership of their bank account

Unlock Valuable Insights

Use with our vAccount or vInsights solutions to easily gain access to financial data for decisioning

Related resources

Elevating Bank Account Validation and Risk Assessment to New Heights

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Product Sheet: vConnect

Unlock cash flow analysis for better customer experience: Intuitive interface with prepopulated list of banks to choose from Decrease user abandonment by providing user friendly login options Mitigate...

Account Validation: A guide to Web Debit Compliance

Account verification is required for maintaining compliance with Nacha’s WEB Debit Rule. ValidiFI developed a guide on the various methods of account validation to help ensure you meet these...

Related products

vAccount+

Validate bank accounts and unlock additional critical insights for increased coverage and predictability.

vAuth®

Authenticate consumer access to a bank account with real-time microdeposits.

vInsights™

Leverage cash flow insights to qualify more applicants, enhance risk management, and ensure precise lending decisions.

FAQS & ANSWERS

Frequently asked questions

vConnect® is an open banking consumer login tool that allows users to link their bank accounts, unlocking cash flow insights for more informed decision-making.

By offering a user-friendly and secure open banking consumer login tool, you instill confidence in users and new applicants who may be hesitant to share their bank account information, thereby reducing abandonment rates. 

Ready to Get Started?

Contact us