Ai Validate

Real Time Bank Account Validation

Benefit: The fast and frictionless way to improve ACH success rates

Ai Validate is a powerful tool for online businesses, financial institutions, solution providers, and entities establishing recurring and one-time payments. Benefits include:

• Real-time confirmation of active accounts

• Higher conversion rates

• Improve ACH success rates

• Reduce returns and overdraft fees

• Streamline operations

• Frictionless customer experience

Accelitas is proud to be a Nacha Preferred Partner for Account Validation. In becoming a Preferred Partner, Nacha recognizes Accelitas for offering products and services that align with Nacha’s core strategies to advance the ACH Network.

Accelerated Insight API platform — smarter solutions for account validation

Accelitas provides up-to-the-minute account information with unmatched coverage, routinely testing at 98% knowledge of all U.S. bank accounts. Businesses that validate with Accelitas typically see a 30% lift in coverage compared to businesses that use traditional bank data consortiums.

Ai Validate Bank Data combines our proprietary analytics in risk modeling to produce indicators on the validity, association and the risk of the bank account information submitted. This service is typically used for lower value/lower risk ACH transactions (e.g., utility payment at account opening).

Ai Validate BAV leverages the same powerful analytics but adds unique data sources that are tuned for higher value/higher risk ACH transactions, where the client either does not want or cannot use FCRA data for BAV. Real-time bank account transactional data & status is leveraged (e.g., auto loan payment at account opening).

Ai Validate BAV | FCRA is typically used for higher value/higher risk ACH transactions. (e.g., funding a consumer loan). Accelitas service provides real-time consumer behavioral data in the response to the client and can be used for Adverse Action purposes.