VerifyNow Description
VerifyNow, a service from Fiserv, offers API calls that allow consumers to identify and authenticate account owners in real-time and verify account status. Our extensive footprint and data from our third-party partners and bank, merchant and card processing helps improve accuracy and reduce fraud. Fiserv can help users authenticate quickly by verifying that the account is owned by the person attempting to initiate an ACH transaction. VerifyNow comes with Early Warning Services that enable instant verification. This increases the success of verification and is done completely behind-the-scenes. Data about customers is never sold or shared with third parties. All data associated with a deleted user ID are also deleted. Only data required for regulatory compliance will be retained. Access a variety of third-party sources to meet your customer's (KYC), and to proactively authenticate the account status.
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