Minimising errors, reducing fraud, saving money, staying compliant
Data accuracy is critical when collecting Direct Debits from customers or paying money into bank accounts. Correct data avoids unnecessary bank charges, internal time and effort and reputational damage that results when failing to collect or pay on time.
For Direct Debit AUDDIS or Paperless Direct Debit users, validation at point of entry ensures you remain compliant with the Bacs scheme rules.
Verifying an individual's true identity helps to reduce fraud and, if you are a Paperless Direct Debit originator, is vital for Bacs scheme rule compliance.
By integrating the check into your acquisition systems at the point of capture, the customer sign-up process is streamlined, reducing the need for alternative document-based verification procedures.
V-Series is designed with deployment models to suit all types of businesses:
V-Series was formerly known as Albany eVERIFY.