New Orbipay Bank Account Validation & Verification Service Will Reduce ACH Returns, Prevent Fraud, and Enhance the Consumer Payments Experience
BRIDGEWATER, N.J., Nov. 6, 2025 /PRNewswire-PRWeb/ --
Highlights:
- Alacriti has launched Orbipay BVV, a unified, real-time service that pairs Bank Account Validation for Nacha web-debit compliance with ~95% U.S. account coverage.
- Bank Account Verification delivers instant results for ~70% of accounts and same-day for the rest, using Open Banking APIs that avoid screen scraping.
- Configurable rules reduce payment friction and ACH returns, and the service is available standalone or across the Orbipay platform.
Alacriti, a leading provider of cloud-based payment technology, announced today the launch of its Orbipay Bank Account Validation & Verification Service (BVV), offering businesses and financial institutions a modern, unified approach to securing bank account-based payments.
Clients who accept bank accounts for payments and payouts face mounting challenges, including ongoing Nacha compliance for Web Debits and fraud risk from compromised bank accounts. Traditional alternatives—such as manual processes, challenge deposits, and ACH Prenotes—are often slow, costly, and disrupt the customer experience.
Orbipay BVV addresses these issues by offering two core, real-time options:
- Bank Account Validation (BVA): Validates bank accounts to comply with Nacha's web debit rule and flags valid accounts with an adverse return history. BVA is fully real-time, non-intrusive (using only basic bank account data), and provides ~95% coverage of US bank accounts.
- Bank Account Verification (BVE): Verifies account ownership as a crucial step in an overall payments fraud and risk management strategy. BVE provides instant verification using challenge deposits for approximately 70% of bank accounts and same-day verification for the rest. It also offers credential-based verification solely using Open Banking APIs, eliminating the reliability and security issues associated with screen scraping.
Orbipay BVV Service delivers a complete solution that can be used to not only meet compliance requirements but also reduce payment processing issues and form a key part of an organization's payments fraud and risk management strategy. BVV is available as a value-added service for all of Alacriti's products and is also available as a standalone service.
"The expectation for 'instant everything' in the digital world requires payment processes to be fast, frictionless, and secure," said Stuart Bain, SVP of Product Management at Alacriti. "The Orbipay BVV service is built to eliminate payment friction and risk at the source. By offering both compliance-driven validation and advanced, instant verification within a single, configurable platform, we are empowering our clients to accelerate growth, reduce ACH return rates by up to 20%, and improve their customers' experience across all payment channels."
Organizations using BVV can set their risk tolerance and business rules that will trigger verification or validation for different customers. BVV is offered with Alacriti's unified money movement and payments platform, centralizing all payment needs in one platform, and vendors eliminate the need for integrations or multiple commercial relationships.
About Alacriti
Alacriti stands at the forefront of payments innovation, delivering comprehensive payment and money movement solutions to financial institutions and businesses. Our commitment is to empower our clients and their users with seamless, easy-to-use, and secure real-time payment experiences across all preferred channels, rails, types, and devices. Alacriti's innovative solutions provide cutting-edge payment technologies that integrate effortlessly with existing infrastructures. Discover more about how we are transforming payments at Alacriti.com.
Media Contact
Kristen Jason, Alacriti, 1 9087912916, [email protected], www.alacriti.com
SOURCE Alacriti
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