OFAC screening service | bank account verification | routing verification tools | Account Ownership Authentication Tool

Account Ownership Authentication

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Our Account Ownership Authentication (AOA) tool enables real-time verification of bank account ownership. This innovative solution utilizes a secure Web services API to seamlessly integrate bank account ownership verification within your system, allowing you to identify invalid account numbers, closed accounts, risky customers, and discrepancies in account holders.

By instantly determining the authorization status of individuals or businesses to transact on an account, the AOA tool aids in mitigating payment fraud. It rapidly matches account owners and numbers and verifies if an account is open and in good standing. This verification process aids businesses in reducing unauthorized payments, detecting mistyped direct deposits, and identifying potentially risky customers.

Account Ownership Authentication (AOA) tool
Account Ownership Authentication (AOA) tool


Our financial aggregation tool instantly validates customer and business bank accounts, eliminating the need for prenotes and enabling real-time matching of account owner information. This expedites disbursements and payments while ensuring accurate transfers through up-to-date data and enhanced security. The tool validates checking or savings account ownership, verifies account status, and supports both business and consumer accounts as a faster alternative to prenotes.


Fraud poses a significant financial risk to companies and financial institutions, resulting in millions of dollars lost each year. The range of fraudulent activities spans from synthetic identities and stolen bank account information to direct deposit scams. To combat this, the Account Ownership Authentication tool offers a cost-effective solution that yields real-time results, effectively reducing the occurrence of fraud.

Account Ownership Authentication (AOA) tool
Account Verification tools

Benefits of account ownership verification

Reduce fees associated with returned ACH and check payments

Validate accounts upfront and increase customer experience

Real-time bank account ownership verification

Eliminate miskeyed accounts

Ensure direct deposits are made to the correct bank accounts

Confirm outbound payments or disbursements are going to the right account

Identify bank accounts are in good standing

Validate ACH payments before they go into the network

Account Ownership Authentication Specs:

Account Ownership Authentication is available using Web Services/ API. The AOA tool works in your companies system using Web Services/ API. Checking or saving account and business or customer name are required to validate account ownership. Additional supporting information is added to return an exact match. Additional information that can be used in identifying AOA include SSN, address, and valid ID. Valid identification can include USA drivers license, passport, resident alien ID, or see list of supporting AOA ID types.