Instant Account Verification

A safe, secure, and quick way to instantly verify and connect bank accounts with reduced risk.
Get Started With Instant Account Verification

Safe, Secure, and Quick

Connect and Access Financial Accounts

With more consumers using online banking services, as well as accessing and moving their money in digital ways, the ability to manage account verification and authentication while reducing risk is critical. Account Verification from Envestnet | Yodlee happens in real-time without providing micro-deposits or bank account numbers.

This product is available via
  • APP
  • API

Account Verification

Key Benefits

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

Real-Time Verification

Instantly verify account ownership and available funds

Security & Compliance

All Envestnet | Yodlee products adhere to the highest, bank-level security, privacy, & compliance/regulatory standards

Expand Workflows

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

NACHA Preferred Partner

Envestnet | Yodlee meets the new NACHA rules for screening online payments to deter fraud

Supports Open Banking

Our solutions meet Open Banking and PSD2 mandates where applicable

Deep Data

Power wider, more complex use cases with our deep, accurate financial data and superior transaction enrichment

Bank Account Verification Insights & Information

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


Data Sheet

Account Verification

Envestnet | Yodlee Account Verification offers a safe, secure, and fast way to onboard consumers, aggregate accounts, and enable risk decisions for further services. Users simply enter their online banking credentials and instant access to financial data confirms the ownership of the account and verifies the account balance in seconds.

  • Improve Satisfaction
  • Reduce Fraud
  • Instantly Verify Accounts
  • Link Accounts

Features of Account Verification

Verifying bank account information is easier and more secure than ever with account verification through our financial data API platform.

Reduce Online Transaction Risk and Abandonment

Our solution utilises our proprietary and patented technology to verify consumers’ accounts faster thereby reducing risk, transaction fraud and consumer abandonment.

Verify Account Owner Details

Confirm account ownership and reduce the risk of fraud.

Validate Accounts with Transaction Data

The Account Verification API uses consumer-provided credentials to log in to a specific bank website, which provides access to all the necessary transaction verification information, so you can perform the verification by using your own rules.

Transaction Verification Solutions

  • Financial qualification and affordability checks
  • Authorisation for one time or recurring transactions
  • Managing transactional credit risk
  • Account opening
  • Quick funds transfer
  • Bill payment

How Does Account Verification Work?

Account Verification with Envestnet | Yodlee’s QuickStart guide quickly introduced developers to necessary parameters, API calls, sample code and more to ensure a successful foundation is created as you build your FinTech application. Review the simple step by step process used in validating account data:

  • Step 1: A user connects their bank account or other tool into your application.
  • Step 2: Account details are fetched through secure authentication and verification.
  • Step 3: After the account holder and details are verified, the user can quickly continue with their financial application.

Start your coding journey today.

The Market Leader in Financial Data Aggregation
of the 20 largest U.S. Banks TRUST US

Get Started With Instant Account Verification

A safe, secure, and quick way to instantly verify and connect bank accounts with reduced risk.

Get Started