Difficulty in verifying customer information poses security risks and hampers end-user experience by utilizing traditional methods that are time-consuming and prone to errors. Account verification allows customers to seamlessly verify account ownership through real-time access to an end-user's bank account, ensuring swift and secure customer onboarding. With real-time access to bank account data, this solution offers seamless verification and provides unsurpassed peace of mind. Our customers can prepare for smoother onboarding, enhanced customer trust, and accelerated business growth! Account verification cannot be used solely for AML-compliant KYC identifications.
How it works
You send a request to our API for account verification, which can also include the to-be-verified name of the end-user.
The end-user has to go through our best-in-class account connection process, entering credentials and providing Strong Customer Authentication.
Upon successful completion, you will retrieve the account verification result from our API immediately, which also includes the account owner name matching result.