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What is VerifyNow?

Leverage VerifyNow by Fiserv to accurately identify and authenticate account holders while simultaneously checking account statuses in real-time via API interactions. The collaboration with third-party partners, combined with our extensive expertise in banking, merchant services, and card processing, significantly improves accuracy and reduces the likelihood of fraud. Fiserv simplifies the authentication process by verifying that the account in question truly belongs to the person initiating an ACH transfer. By integrating Early Warning Services, VerifyNow allows for instant verification, greatly increasing success rates while working unobtrusively in the background. Crucially, customer data is never shared or sold to outside parties, and any information related to a deleted user ID is permanently erased, retaining only what is necessary for compliance with regulations. Furthermore, you can tap into a wide array of third-party data sources to meet your Know Your Customer (KYC) requirements and proactively verify account status, thereby creating a secure and trustworthy financial atmosphere for your clients. This all-encompassing strategy not only builds confidence but also significantly improves the user experience. Ultimately, the combination of these features ensures a seamless and secure interaction for all users involved.

What is Chainpoint?

The Bitcoin blockchain provides a unique opportunity to anchor limitless amounts of data, ensuring both its integrity and existence without the need for a reliable intermediary. Chainpoint facilitates this process by associating a hash of the data with the blockchain and offering timestamp evidence. Upon receiving hashes, a Chainpoint Node organizes them into a Merkle tree structure, with its root being made public via a Bitcoin transaction. The Chainpoint proof generated establishes a cryptographic link between the original data and the Bitcoin blockchain through specific operations. Furthermore, each proof contains the essential details required to validate that a hash has been securely anchored to the blockchain, indicating that the data was indeed available at the moment it was anchored. This advanced mechanism enables independent verification of Chainpoint proofs without the necessity of a trusted third party, fostering user confidence in the authenticity and durability of their data. Consequently, users can trust that their information remains immutable and verifiable over time, bolstering the overall reliability of the blockchain as a data anchoring solution.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Fiserv

Date Founded

1984

Company Location

United States

Company Website

www.fiserv.com/en/solutions/data-aggregation/verifynow.html

Company Facts

Organization Name

Chainpoint

Company Website

chainpoint.org

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

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