Verify Account Holders
Know and Trust Users
How do you know your online users are who they say they are? With our identity verification, you can instantly confirm that your users are the legitimate account owners. Account details like address, email, and phone serve to authenticate users, ease the KYC process, maximise fraud detection, and reduce risk.
Instant Identity Verification
Key Benefits
Leveraging bank data confirms users' identities and financial information, while providing a fast and seamless customer experience.
Real-Time Validation
Instant access to financial data confirms the existence of the account and provides the holder details.
Fraud Prevention
Identity checks using DDA info can help verify users and reduce fraud.
Quick Onboarding
By auto-filling forms with account holder details from bank accounts, you can ease the user experience.
Easy Integration
Plug-and-play APIs enable you to get started quickly and add additional use cases as your business grows.
Complements KYC
Identity verification enables banks to complement Know Your Customer procedures during user onboarding.
Market-Leading Data Coverage
As the market leader in aggregation, we retrieve account holder names and other details from a vast array of sources.
Data Sheet
Account Verification to Mitigate Fraud and Risk
To reap the rewards of ACH, businesses must minimise the risk of payment returns due to NSF, invalid accounts, and fraud. Envestnet | Yodlee Account Verification can ensure an account is valid in seconds.