Streamline Your Verification Process with Cutting-Edge Bank Verification Software

Authenticate ownership and validity of a specific bank account

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What is a Bank account verification?

Bank account verification is the process of confirming the legitimacy of a bank account. It entails cross-referencing the information provided by an individual with official records and databases, including account names, numbers, bank branches, and identification documents.

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SMS

Soft Credit check via SMS

A client texts the word "Go" to your Monitor Base phone number, they instantly gets a link where they provide their name and address and see the loan programs they credit pre-qualify for in seconds.

Mail

Soft Credit check via Email

A client clicks a SoftPull button in you or your agent's email where they provide their name and address and see the loan programs they credit pre-qualify for in seconds.

WEB

Soft Credit check on your Website

Integrate our webforms and customers who visit your website can enter the details and you will be instantly notified if they meet the eligibility criteria

FEATURES

Seamless Bank Account Verification Software for Secure Transactions

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one

Account Ownership Verification

The software verifies that the bank account provided by a customer or client is indeed owned by the individual or entity claiming ownership. This helps prevent fraudulent activities and ensures compliance with Know Your Customer (KYC) regulations.

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Account Number Validation

The software verifies the account number to ensure it follows the correct format and is associated with the specified bank and account type (e.g., checking, savings).

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Integration with Payment Systems

It seamlessly integrates with payment processing systems, online platforms, or financial management software to automate account verification processes and enhance transaction security.

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Fraud Detection

The software may include fraud detection features to identify suspicious or potentially fraudulent bank account details, such as mismatched routing numbers, invalid account numbers, or flagged accounts.

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Unlock the
Benefits of Automated Bank Verification

By choosing Credit Decision Engine for your bank verification needs, you'll experience a wide range of benefits
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Time Savings

Say goodbye to lengthy manual verification processes and hello to instant results, allowing you to make faster decisions and improve overall efficiency.

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Reduced Errors

Eliminate the risk of human error associated with manual verification, with our software providing accurate and reliable results every time.

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Cost Savings

Save time and resources by automating your verification process, reducing operational costs and maximizing profitability.

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Real-Time Verification

Provides instant confirmation of bank account details during transactions, minimizing the risk of processing payments to invalid accounts.

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Transaction Security

Enhances security by validating account details against trusted databases, preventing unauthorized transactions and safeguarding sensitive financial information.

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Integration

Seamlessly integrates with payment systems and other business applications, streamlining verification processes, improving data accuracy, and enhancing workflow automation.

Soft pull and Hard pull (Heading missing)

Data on the Reports

Soft Pulls

Hard Pulls

FICO® Scores
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Tradelines
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Inquiries
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Collections
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Public Records
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Employment History
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Potentially Lowers Score
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Places Hard Inquiry on Report
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Requires SSN
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Requires Date of Birth
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Can Present Terms to Client
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Can Effectuate a Loan
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Requires Borrower's Consent
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Impact on Credit Score
Minimal or None
Can decrease
Frequency of Use
Multiple times
Limited
Time to Reflect on Report
Generally faster
Takes time

How it works

01
Sign Up

Create an account with Credit Raptor and subscribe to our services.

02
Customize Settings

Tailor the platform to your business needs, including selecting data providers and configuring compliance settings

03
Conduct Inquiries

Enter customer information and initiate hard credit inquiries with just a few clicks

04
Access Reports

Receive instant access to comprehensive credit reports, allowing you to make informed decisions quickly.

05
Ensure Compliance

Monitor compliance status and generate compliance reports effortlessly using our built-in features

What Our Clients Are Saying

Don't just take our word for it – hear what our clients have to say about their experience with our software Credit Decision Engine

"Since implementing Credit Decision Engine, our verification process has become more efficient than ever. The instant verification feature has allowed us to make faster lending decisions and improve customer satisfaction."

John Doe

CEO of XYZ Lending

"We were blown away by the level of support and expertise provided by the Credit Decision Engine team. Their platform has transformed our verification process and helped us stay ahead of the competition."

Jane Smith

CFO of ABC Bank

Shaun Lee

Marketing Manager
Linkldn

Mary Sombra

Marketing Manager
Linkldn

Don't let manual verification processes hold you back – unlock the full potential of your business with Credit Decision Engine. Get started today by scheduling a demo or contacting our team for more information. Experience the difference that instant, accurate verification can make for your organization with Credit Decision Engine.

Still not sure ?
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