Flexible and Scalable Account Verification
With more consumers using online banking services, as well as accessing and moving their money digitally, the ability to manage account verification and authentication while reducing risk is critical. Account verification from Envestnet | Yodlee happens in real-time without the need to provide micro-deposits or bank account numbers.
Easily enable secure online payments and improve your users' experience while
reducing the fraud and fees usually associated with financial transactions.
Payments Enablement for Consumers
Consumers expect immediate access to their money and transactions. You can make it happen by verifying account information improve the onboarding process.
This significantly reduces abandonment and increases success rates in the onboarding process.
Account Verification for Deposits
A safe, secure, and quick way to instantly verify and connect accounts with reduced risk.
This aids lending institutions in avoiding time consuming account ownership validation processes and enables them to more rapidly provide loan disbursements into a borrowers account.
Account Verification for Withdrawals
Verify the current balance of the source account prior to initiating a funds transfer to avoid delays and potentially costly nonsufficient funds (NSF) charges.
Alternatively, use Envestnet | Yodlee Account Verification to facilitate setting up a funding account.
Reduce Fraud Risk with
Use account verification for ACH payments to increase onboarding speed while reducing the risk of fraud for you and your customers. The Envestnet | Yodlee Account Verification solution utilizes our proprietary and patented technology to verify consumers’ accounts faster thereby reducing risk, transaction fraud, and consumer on-boarding friction.
Build Verification Solutions
Understand your customers with a safe, secure, and quick way to verify and connect accounts with reduced risk to instantly confirm that your users are the legitimate account owners.
Instantly verify account ownership and available funds. ACH offers a secure and dynamic way to enable payments and reduce fraud, giving consumers and companies’ peace of mind.
What Our Clients Have to Say
Verify accounts against the largest supported collection of financial institutions in the industry.
Confirm account access for the ACH payment account setup by retrieving full account number, routing number, and holder name(s).
Confirm account access for EFT payments by retrieving full account number, transit number, and holder name(s).
Verify account ownership and enable faster payments by retrieving full account number, SORT code, and holder name(s).
Verify account ownership and enable faster payments by retrieving full account number, BSB numbers, and holder name(s).
Verify account ownership and enable faster payments by retrieving the full account number, including the Bank prefix and branch code, and holder name(s).
Verify account ownership by retrieving full account number, IFSC code, and holder name.