Verifyd prevents ACH and wire fraud by removing banking changes from email, verifying real identities, and creating an auditable, compliant verification process.
Fraud happens after someone gains access to your email system. Attackers impersonate real employees from inside their actual email accounts.
Traditional processes rely on recognizing names and email addresses without confirming who is actually making the request.
Email trails and forwarded PDFs don't meet regulatory standards for documentation and traceability.
Email lacks authentication, encryption, and proof of sender identity, making it impossible to verify the legitimacy of banking updates.
New NACHA rules and audit standards demand stronger identity verification and documented processes.
Three integrated solutions to eliminate payment fraud and ensure compliance
See how Verifyd can secure your payment processes and ensure compliance.
