Fastest growing ACH and e-Check verification service in the industry.
Right-sized for your needs.
RVD is available in four editions with tiered pricing.
|Validates bank account number|
|Validates bank routing number|
|Checks database for returned and good history on account|
|Returns known history, name, telephone information|
|Provides first and last date the account has been seen|
|Provides the average amount of days to pay a returned check/ACH transaction|
|Identifies known account closed accounts|
|Identifies known account not found or invalid accounts|
|Identifies a history of returned transactions|
|Provides Decision Code on all transactions|
|Provides Optional OFAC checking|
|Validates the structure of the Account is correct for the issuing bank|
|Provides Risk Level code on all transactions|
|Accesses additional financial and retail databases|
|Provides new routing number if the original has changed|
|Provides name, address, telephone number, and contact information for the financial institution|
|Identifies the account type (checking, savings, money market etc.) if known|
|Indicates if the bank routing number will accept ACH debit transactions|
Risk Verification Database (RVD) is an advanced data scoring system designed to provide you with accurate predictions as to whether ACH debits, checks or e-Checks are likely to clear without return.
RVD compiles and analyzes over one billion real-time consumer transactions and then returns one of three ratings:
Allows the transaction to continue.
Notifies user if customized risk
parameters are present
Flags the transaction and requires
confirmation before proceeding.