Verify Account Holders
Know and Trust Users
With the massive increase in identity theft reported by the Australia Competition and Consumer Commission,1 how do you know your online users are who they say they are? With our identity verification, you can instantly confirm that your users are the legitimate account owners. Account details like address, email, and phone serve to authenticate users, ease the verification and onboarding process, maximise fraud detection, and reduce risk.
1 Source: NewsBreak.com: Reports of Identity Theft Up 55 Per Cent, 2020
Instant Identity Verification
Key Benefits
Leveraging bank data confirms users' identities and financial information, while providing a fast and seamless customer experience.
Real-Time Validation
Fraud Prevention
Identity checks can help verify users and reduce fraud
Quick Onboarding
By auto-filling forms with account holder details from bank accounts, you can ease the user experience
Easy Integration
Plug-and-play APIs enable you to get started quickly and add additional use cases as your business grows
Verify Account Ownership
Identity verification enables banks to better understand their customer early in the process of activation and user onboarding
Market-Leading Data Coverage
As the market leader in aggregation, we retrieve account holder names and other details from a vast array of sources
Data Sheet
Account Verification to Mitigate Fraud and Risk
To reap the rewards of direct entry transactions, businesses must minimise the risk of payment returns due to insufficient funds, invalid accounts, and fraud. Envestnet | Yodlee Account Verification can ensure an account is valid in seconds.
Get Started With Identity Verification
Use bank account holder details to verify an account owner’s identity and prevent fraud.
Get Started