Simplify Payments and Account Verification with Lyons Commercial Data’s New Lynx Open Banking Solution

In today’s fast-moving digital economy, businesses need to onboard customers quickly, verify accounts securely, and prevent failed payments — all without friction. That’s why Lyons Commercial Data is proud to introduce Lynx Open Banking, a powerful new product with unique features such as instant account verification, real-time balance checks, and seamless ACH payment setup enabled by Visa open banking. This innovative solution is designed to modernize how you verify accounts, set up ACH payments, and access critical financial data.
Instant Account Verification & Real-Time Balance Checks
With Lynx Open Banking, you can eliminate the wait for micro-deposits. Our Account Check feature verifies account ownership instantly across more than 6,000 U.S. financial institutions, eliminating manual entry and reducing errors. Additionally, with real-time balance checks, you save time and increase efficiency, ensuring a smoother account verification process.
Seamless ACH Payment Setup
Using the Visa Open Banking platform, Lynx simplifies ACH setup by verifying accounts and confirming balances in seconds. This means fewer onboarding delays, reduced fraud risk, and higher conversion rates — all while delivering a frictionless experience your customers will appreciate.
Security and Trust You Can Rely On
The Lynx Open Banking solution is consent-driven, secure, and compliant with industry standards. Data is transmitted securely, with industry-standard encryption and robust fraud prevention measures in place at every step.
Combine with Lyons’ Existing Services for 95 %+ Coverage
By combining Lynx Open Banking with our Account Status and Account Ownership Verification services, businesses can achieve an impressive over 95% coverage of U.S. consumer accounts. This high coverage gives your customers the choice between manual, instant, or open banking verification, ensuring a comprehensive and effective account verification process.
Developer-Friendly Integration
Our API-first approach, SDKs, and modular options mean your team can integrate our Lynx Open Banking solution in days, not months, scaling as your business grows. This seamless integration process allows you to focus on what you do best, serving your customers.
👉 Ready to see how Lynx Open Banking can transform your processes? Book a demo today!