BankVERIFY+
Predictive Analytics on 99% of Bank Accounts
NON-CREDENTIALED | Enrollments. Acquisition. Underwriting.
BankVERIFY+
Predictive Analytics on 99% of Bank Accounts
NON-CREDENTIALED | Enrollments. Acquisition. Underwriting.
Recommended
Action Codes
BankVERIFY+ returns codes that recommend a course of action to minimize repayment risk
Strong Positive Payment History
Stable with Good History
Limited Payment History
Suspect / Recent Negative History
High Ratio of Neg Payments
Strong Positive Payment History
Stable with Good History
Limited Payment History
Suspect / Recent Negative History
High Ratio of Neg Payments
Differentiation | Actionable Intelligence
Analyzing payment behavior uniquely to better predict financial outcomes
Identifying Multiple Bank Accounts
Connects related financial relationships to evaluate a user’s full financial welfare
Trended ACH History
Understands how a customer’s finances have changed over time
Affordability Analysis
Evaluates the success of similar transactions (e.g., amount, timing, frequency)
BankVERIFY+ identifies fraud and payment affordability risk based on an applicant’s bank account history.
trended attributes provide deep insights into transaction behavior, payment risk, and ownership
prebuilt rules for faster implementation and decisioning
recommended Action Codes rank order bank account behavior and risk
Use Cases
More than just a data provider – a real-time decisioning tool
Prime Consumer Finance
Identified $3.1M per month
in 3rd party bank fraud
Lease to Purchase
Identified 40% of late payers
in one bucket
Mobile Wallet
Prevented 28% of
high-risk returned payments
Public Consumer Finance
Reduce $2.7M in losses with application screening
Data Study
We let the data do the talking. See it for yourself!
Solutions
AIR | Affordability Index by RIBBIT