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Account Verification

Instant bank account verification is a safe, secure, and quick way to instantly verify and connect verified accounts in real time with reduced risk.

Request Information About Account Verification

Safe, Secure, and Quick

Connect and Access Financial Accounts

Verifying and authenticating your bank account while reducing risk is critical as digital banking needs and services rise exponentially. Account validation and verification from Envestnet | Yodlee happens in real-time without requiring micro-deposits, routing numbers, or bank account numbers. Plus, account linking is intuitive, fast, and secure for a better user experience with Envestnet l Yodee FastLink.

Quickstart for Account Verification

Envestnet | Yodlee provides a Quickstart guide for Account Verification supporting the developer’s quick learning and development to meet the needs of the following common account verification use cases:

  • Consumer Payments
  • Deliver on NACHA Compliance
  • Fraud Prevention
  • Avoid NSF and Overdraft Charges

This Quickstart guide aims to take a developer from introduction to coding in an hour.

This product is available via
  • APP
  • API

Key Benefits

Bank Account Verification

With Envestnet | Yodlee, account verification is easy-to-implement, flexible and scalable, removing the complexity for your business and the account holder.

Quickstart

This Quickstart guide aims to take a developer from introduction to coding in an hour.

Real-Time Verification

Instantly verify account information, ownership and available funds in your online bank account

Secure

Count on products and services that adhere to bank-level security, privacy, and regulatory standards to avoid a fraudulent transaction

Core API

Along with account verification, our core APIs handle additional workflows such as aggregation and more

NACHA Preferred Partner

Envestnet | Yodlee's account verification solution meets the new NACHA rules for screening online payments to deter fraud

Open Banking-Ready

Rely on our transparent, international ecosystem with stringent protocols for responsible access to secure, comprehensive, and consumer-permissioned data while meeting Open Banking and PSD2 mandates

Account Verification Insights & Information

Go under the hood of our account verification solution in ebooks, white papers, data sheets, and more.

Case Study 

Leveraging Account Verification to Reduce Fraud

In 2017, Digital Federal Credit Union was dealing with an onslaught of fraudsters taking advantage of vulnerabilities in their system. Envestnet | Yodlee reduced losses due to fraud by 90% in just months.

  • Improve Satisfaction
  • Reduce Fraud
  • Instantly Verify Accounts
  • Link Accounts
The Market Leader in Financial Data Aggregation
20
YEARS IN BUSINESS
17K+
DATA SOURCES
15
of the 20 largest U.S. Banks TRUST US
50+
PATENTS