Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
PRAXIS serves as a specialized third-party escrow agent with a focus on various types of escrow services including software, source code, SaaS, AI, technology, trade secrets, and automated escrow solutions.
By introducing Automated Escrow and leading the way with Infinite Retention, PRAXIS has transformed the traditional escrow model to better fit the needs of contemporary, cloud-driven, and agile development practices. Their Automated Escrow platform seamlessly connects with source-code repositories and deployment processes, guaranteeing that escrow deposits remain consistently up-to-date, complete, and verifiable—all without the need for manual uploads or risking compliance issues.
Moreover, the Infinite Retention feature guarantees that escrowed materials are retained indefinitely, ensuring enduring continuity and protection for all stakeholders involved, including beneficiaries, licensees, lenders, and acquirers, thereby enhancing trust and security in the escrow process. With these innovative solutions, PRAXIS is shaping the future of escrow services by prioritizing reliability and ease of access.
Description
Utilize VerifyNow from Fiserv to identify and authenticate consumer account owners while also verifying account statuses in real-time through API calls. The integration of third-party partnerships and our vast experience in banking, merchant, and card processing enhances accuracy and mitigates fraud risks. Fiserv streamlines the authentication process by ensuring that the account being verified belongs to the individual attempting to execute an ACH transfer. With the incorporation of Early Warning Services, VerifyNow facilitates immediate verification, significantly boosting success rates while operating seamlessly in the background. Importantly, customer information is never distributed or sold to external entities, and all data linked to a deleted user ID is permanently erased; only that which is necessary for regulatory compliance is preserved. Additionally, you can access a diverse range of third-party data sources to fulfill your Know Your Customer (KYC) obligations and proactively confirm account status, ensuring a robust and secure financial environment for your users. This comprehensive approach not only fosters trust but also enhances user experience.
API Access
Has API
API Access
Has API
Integrations
Bitbucket
GitHub
Pricing Details
Custom
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PRAXIS Technology Escrow
Founded
2016
Country
United States
Website
praxisescrow.com
Vendor Details
Company Name
Fiserv
Founded
1984
Country
United States
Website
www.fiserv.com/en/solutions/data-aggregation/verifynow.html