PROMETEO
PRODUCTS
BANK ACCOUNT VERIFICATION

Bank Account Verification: Verify the account before the payment fails

Confirm account ownership in real time across 5 continents, via API or no-code, no geography limits.

Get a coverage check + integration path tailored to your flows

THE SOLUTION

What Is Bank Account Verification?

Bank account verification is a real-time API check that confirms a bank account is valid and reachable before you initiate a transfer or debit. It validates routing and account details up front so you can reduce failed payouts, prevent fraud tied to invalid accounts, and cut manual reviews.

Integrated into onboarding, KYC and payment workflows, Prometeo goes beyond basic format checks by connecting directly with financial institutions to confirm that funds have a real and valid destination.

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THE SOLUTION

What Is Name Match (Ownership Verification)?

Name Match is Prometeo’s ownership verification layer for the U.S., which adds an extra security layer by comparing the name provided by your user against the official account holder's name on file at the bank. It allows you to confirm you’re paying or charging the right person or business without micro‑deposits or extra user steps.

It compares the name provided by your user or merchant against the official account holder name on file at the bank, returning a match result such as: Full Match, Partial Match and No Match.

For industry-specific Name Match use cases, explore our guide here.

BENEFITS

Benefits: Unlock Trust in Every Transaction

Reduce fraud caused by fake accounts
Avoid incorrect bank transfers
Confirm bank account number and beneficiary name
Improve your customer experience

Unified Coverage: One API for the Americas

We are the interoperability layer for global platforms, standardizing verification across banking systems.

How Instant Bank Account Verification Works

1.
Routing & Syntax Check
The API instantly validates the bank code (routing number for the U.S.), branch code and account structure.
2.
Status Query
We verify with the destination bank that the account is active and able to receive funds, preventing hard bounces
3.
Ownership Verification (Name Match)
The system retrieves the registered owner's name or a match score (e.g., "Full Match," "Partial Match," "No Match") to validate identity.
4.
Idempotency
Designed for high-volume scale, our API supports idempotency keys to prevent duplicate checks and asynchronous status updates on complex queries.

USE CASES

Strategic Use Cases for Bank Account Verification

Marketplaces (KYB)

Secure your supply chain payouts. Validate that a bank account truly belongs to the onboarded business entity (KYB) before the first transfer.

Request a Demo

Payroll & Gig Economy

Ensure payment success rates for massive payouts to drivers, riders and remote contractors.

Request a Demo

Lending

Instant KYB/KYC. Verify a borrower's account ownership during onboarding to securely disburse loans.

Request a Demo

Fintechs & Neobanks

Streamline your compliance stack. Integrate our API to automatically verify funding sources and destination accounts, ensuring seamless KYC/KYB checks without building infrastructure from scratch.

Request a Demo

Digital onboarding platforms

Reduce user drop-off by verifying bank accounts in real-time. Replace slow manual document reviews and approve legitimate users in seconds, not days.

Request a Demo

Identity verification providers

Strengthen your identity solution by adding a financial data layer. Cross-reference user IDs against official bank records (Name Match) to detect and block synthetic identity fraud.

Request a Demo

Fraud & Compliance Solutions

Enhance your risk engine. Offer your clients robust protection against Authorized Push Payment (APP) fraud and immediate compliance with Nacha WEB Debit rules as part of your core offering.

Request a Demo

Marketplaces (KYB)

Secure your supply chain payouts. Validate that a bank account truly belongs to the onboarded business entity (KYB) before the first transfer.

Request a Demo

Payroll & Gig Economy

Ensure payment success rates for massive payouts to drivers, riders and remote contractors.

Request a Demo

Lending

Instant KYB/KYC. Verify a borrower's account ownership during onboarding to securely disburse loans.

Request a Demo

Fintechs & Neobanks

Streamline your compliance stack. Integrate our API to automatically verify funding sources and destination accounts, ensuring seamless KYC/KYB checks without building infrastructure from scratch.

Request a Demo

Digital onboarding platforms

Reduce user drop-off by verifying bank accounts in real-time. Replace slow manual document reviews and approve legitimate users in seconds, not days.

Request a Demo

Identity verification providers

Strengthen your identity solution by adding a financial data layer. Cross-reference user IDs against official bank records (Name Match) to detect and block synthetic identity fraud.

Request a Demo

Fraud & Compliance Solutions

Enhance your risk engine. Offer your clients robust protection against Authorized Push Payment (APP) fraud and immediate compliance with Nacha WEB Debit rules as part of your core offering.

Request a Demo

Marketplaces (KYB)

Secure your supply chain payouts. Validate that a bank account truly belongs to the onboarded business entity (KYB) before the first transfer.

Request a Demo

Do You Prefer a No-Code Solution?

If your company doesn't have the time needed to complete an API integration, we've developed a No-Code Bank Account Verification solution, a platform that our customers can implement within 24 hours.

Ideal for companies with complicated vendor integrations or IT backlog. Without requiring technical knowledge or support.
Same coverage as our API solution.

Why Choose Prometeo?

Avoids the operational burden of failed transactions due to manual errors.
Reduces fraud losses caused by fake accounts entered during registration processes.
Results in less manual review for compliance and risk teams.
Improves your customer experience through instant verification.

Our clients

“Prometeo has given us greater peace of mind. Now we can verify that the account holder’s name matches the merchant we want to pay, which has allowed us to reduce the risk of errors by more than 90%. Once we have the solution fully integrated into our back office, we know that the reduction will reach 100%.“

Sebastián Salveraglio

COO

“Prometeo is a valuable partner that helped us expand our global reach for bank account verification services in Latin America.”

Samantha Bautista

Head of Products

“Our partnership with Prometeo enables our clients to verify the various accounts they need to transact with. Their team works with exceptional agility, consistently offering fresh ideas and improvements, and they bring a remarkable level of professionalism and personal attention.”

Gabriel Angeloro

Latam Head of eComm & TCG

Sebastián Salveraglio

COO

“Prometeo is a valuable partner that helped us expand our global reach for bank account verification services in Latin America.”

Samantha Bautista

Head of Products

Gabriel Angeloro

Latam Head of eComm & TCG

Sebastián Salveraglio

COO

“Prometeo is a valuable partner that helped us expand our global reach for bank account verification services in Latin America.”

Samantha Bautista

Head of Products

Gabriel Angeloro

Latam Head of eComm & TCG

FAQ

Frequently Asked Questions

What’s the difference between bank account verification and Name Match?

Bank account verification focuses on whether the routing and account details are valid and able to receive or send funds. Name Match focuses on whether the account appears to belong to the intended person or business by comparing the provided name against the official account holder name on file at the bank. Used together, they help ensure you’re sending or pulling funds from the right account and the right owner.