Automated identity verification and documentation aligned with March 2026 NACHA requirements. Built-in compliance, not bolted-on.
NACHA (National Automated Clearing House Association) has mandated new rules requiring financial institutions and businesses to verify the identity of anyone requesting banking changes for ACH and wire transfers.
Business Email Compromise (BEC) is the #1 fraud vector, costing organizations billions annually. Attackers gain access to legitimate email accounts and redirect payments from inside the organization.
NACHA's new rules require cryptographic proof of identity—email threads and phone logs no longer qualify as sufficient verification. Organizations must implement multi-factor authentication and maintain audit-grade documentation.
Any organization processing ACH payments or wire transfers
Organizations processing ACH payments or wire transfers must verify vendor identity before updating banking information.
CFOs and controllers responsible for internal controls and audit readiness need compliant documentation systems.
Risk and compliance leaders must ensure organizational processes meet regulatory requirements and audit standards.
Three core requirements built into Verifyd
Every banking change requires multi-factor authentication. Users must verify identity through multiple channels before any modification is processed.
Cryptographic proof of identity with time-stamped verification
Complete audit trail with timestamp, user attribution, IP address, device information, and verification method for every action.
Immutable audit trails with complete documentation
Generate audit-ready reports for internal auditors, external auditors, and regulators. All documentation meets NACHA standards.
Audit-grade documentation available for regulatory review
Multi-factor authentication for every banking change
Complete documentation with timestamps and user attribution
Meets March 2026 requirements out of the box
Instant documentation of all verification steps
Generate compliance reports for auditors
No manual documentation or tracking required
