Account Verification
Boost Compliance with Instant Bank Account Verification
Discover enhanced compliance, risk management, and fraud detection with our iBankRegistry™ Account Verification. Lyons Commercial Data™ empowers organizations to instantly verify bank accounts in the U.S., ensuring precise customer data for seamless onboarding and efficient processing of ACH or check payments. Trust Lyons Commercial Data to be your partner in maintaining compliance, minimizing risks, and preventing potential fraud. Optimize your compliance journey with Lyons Commercial Data™ today.
The Power of iBankRegistry™ & Strengthened NACHA Compliance
Businesses face significant monetary losses annually from fraudulent transactions and inaccurate bank account information. According to the ACFE “The Association of Certified Fraud Examiners” 2022 Report to the Nations Global Study on Fraud and Abuse, U.S. Businesses will lose an average of 5% of their gross revenues to fraud.” By verifying ACH payment accounts before processing transactions, you can significantly reduce returns and associated fees.
Integrate the Lyons Commercial Data ACH account validation service directly into your system to bolster your due diligence efforts. Equipping your business with the right compliance tools not only enhances security but also saves time, streamlines account validation and ensures NACHA compliance for WEB and TEL ACH transactions.
Learn more about how iBankRegistry™ can fortify your business against fraud and strengthen NACHA compliance for improved financial security.
Streamline Bank Account Validation
Experience the efficiency of Lyons Bank Account Verification Service (AVS), a swift and secure solution for validating bank accounts. AVS empowers your employees with accurate data, enabling them to make well-informed decisions.
Whether you prefer a web based portal or seamless integration within your existing system through our API, the Lyons Commercial data Account Verification Service (AVS) is customizable to meet your unique business needs. Trust us to provide you with the tools necessary to streamline your operations and ensure compliance.
BENEFITS OF BANK ACCOUNT VERIFICATION
Decreases Returns by up to 48 percent
Identifies Risky Clients
Maintain compliance with NACHA operating Rules
iBankRegistry™ Routing Number Verification Options:
iBankRegistry™ Routing Verification Online
Access the iBankRegistry™ ABA routing number database in real-time online.
iBankRegistry™ Routing Verification Database
Download the routing number database in any format or as a flat file for integration with payment processing.
iBankRegistry™ Routing Verification Web Services
XML based web services can be easily integrated with a wide array of programming languages and platforms. Applications accessing the routing verification web services use Simple Object Access Protocol (SOAP) to process information requests between the data servers. Visit our RTN number developer documentation resources.