Instant Account Verification for Cross-Border Payments
Protect Your Organization, Customers and Reputation from
Authorized Push Payment Fraud by Verifying that Account Details
are Routed to the Intended Recipient.
B2B Payments
B2C Payments
C2B Payments
Access Seamless Payee Verification for Domestic and Cross-Border Payments
How Does it Work? Find Out More.
- Instant verification – SPV is an API based solution and performs/responds in real time
- Greater control over automated payments, so end users can choose when to implement Safe Payment Verification and for which payments
- Greater assurance that payment will reach the intended recipient,
- Enhanced data and the ability to access additional data for accounts that have been closed
Who is it suitable for?
Banks
Integrate payee verification into internal and customer-facing payment systems and comply with payment regulations, protect your customers from fraud and defend your reputation.
Protect your customers from:
formatting errors, impersonation scams, purchase scams, advance fee scams and romance scams.
Protect your staff from:
formatting errors, business email correspondence scams such as invoice fraud and CEO fraud, impersonation scams, purchase scams and advance fee scams.
Suitable for integrating into:
- customer-facing online channels
- your internal core banking, finance, payment and ERP systems
Payment Services Providers
Protect your customers from:
formatting errors, business email correspondence scams such as invoice fraud and CEO fraud, impersonation scams, purchase scams and advance fee scams.
Businesses
Whether you are paying ad hoc invoices, setting up new hires on the payroll, onboarding new vendors, instigating direct debit mandates or initiating A2A transactions, prevent potential losses by ensuring that money is sent to and collected from the intended personal or business beneficiary account.
Protect your business from:
formatting errors, business email correspondence scams such as invoice fraud and CEO fraud, impersonation scams, purchase scams and advance fee scams.
Suitable for integrating into:
- the front-end of your website
- your internal core finance, payment and ERP systems
Non-Banking Financial Institutions
Protect your organization from:
formatting errors and business email correspondence scams such as invoice fraud and CEO fraud.
Suitable for integrating into:
- the front-end of your website
- your internal core finance, payment and ERP systems
Stop Payment Errors and Populate Payments and Routing Data with Bankers Almanac® Validate™ Web Portal and API
Start delivering safe, seamless, and one-stop account-level confirmation on a global scale today.