Our New Login Page Has Arrived
In an effort to continue modernizing Lyons Commercial Data products and services, we are excited to have launched a redesigned version of our login page. The new login page retains all functionality of the old page as well as containing fully-responsive mobile optimization — meaning it fits perfectly onto your tablet or smartphone’s display. Our […]
Check Verification Explained
Why verify checks? Businesses accepting check payments or processing e-checks, know the risk involved with accepting a transaction that may return unpaid. Each year, bad checks cost businesses, and consumers alike, millions of dollars in lost revenue and bank fees. That is why check verification offers great value.
ABA Routing Number Explainer
What is an ABA routing number? Each federal or state chartered financial institution in the United States eligible to maintain an account at a Federal Reserve Bank is identified by an ABA Routing Number. These numbers are also referred to as RTNs or Routing Transit Numbers. In general, the nine-digit ABA routing number is printed […]
Better Data. Better Results
The Importance of Using Quality Bank Routing Number Data Companies involved in the business of processing transactions understand the importance of reliable access to quality financial institution data. Lyons Commercial Data’s Editorial and Research Department compiles and ensures quality in the company’s bank routing number database by using a variety of internal and external resources. […]
The Importance of Verifying Bank Routing Numbers
Commercial businesses should verify bank routing number information for three primary reasons: Eliminate Errors Comply with Requirements Reduce Costs Associated with Returned Items Routing number verification is critical when payments originate via the Internet, telephone or anytime the person or check is not present. Such transactions are more susceptible to inaccurate information. For example, a […]