What is BQ?
BankQUALIFY ("BQ") uses basic account information and PII to identify account ownership, flag potential fraud, and assess payment affordability risk based on several simple attributes.
Provide basic customer PII (name, address, phone, email) and their account and routing number. BankQUALIFY takes less than a second.
Is this the right product for my business?
ValidiFI's REST API contains 3 INSIGHTS products:
- BankQUALIFY - Use basic PII and account/routing number to quickly identify the lead quality.
- BankVERIFY+ - Use basic PII and account/routing number for deep insights and recommended actions.
- BankLOGIN+ - Use credentialed account and transaction information to uncover thousands of attributes and recommended actions.
All three INSIGHTS products can be used through the ValidiFI API.
|Identify ownership, fraud risk, basic affordability||✔||✔||✔|
|Requires basic PII and account/routing number (non-credentialed)||✔||✔|
|Requires transaction data from bank login (credentialed)||✔|
|Instant results through REST API||✔||✔||✔|
|Can be used through the CONNECT user interface||✔||✔|
|Light weight, sub-second response time||✔|
|Advanced analytics with over 1000 calculated attributes||✔||✔|
|Custom decisioning rulesets||✔||✔||✔|
You may consider using BankQUALIFY to catch the most blatant issues before running BankVERIFY+. You may also consider waterfalling some concerning leads from BankVERIFY+ into a bank login to gain transaction data and then into BankLOGIN+ for thousands of attributes and deep understanding of those transactions.
BankQUALIFY+ can be called through the ValidiFI INSIGHTS API.
Find more details about available scores and attributes in the Data Results section.
The use of BankQUALIFY requires you to submit payment data back to ValidiFI. Click here for information about submitting payment data.