Automatically verify microdeposits using aggregation for bank accounts
Our patent-pending, API-delivered Autoverified Micro-deposits (AVMs) leverage account aggregation to automatically confirm that the test deposits have entered the specified account, simplifying the onboarding experience and reducing client drop-off.
AVMs enable more seamless account authentication for long tail financial institutions not typically covered by instant account verification.
This product is available via:
The Quovo Advantage
Authenticate accounts seamlessly across our coverage map of over 14,000 financial institutions.
Our AVMs enable you to reduce abandonment rates because we don’t require users to manually verify test deposit amounts.
Combine AVMs with instant auth to get a full package that combines multiple layers of account verification.
Frictionless verification of account details for more efficient disbursal
Smarter account authentication for more seamless ACH transactions
Faster account funding and asset transfers for efficient onboarding
Intelligent repayment through proactive risk monitoring
Need seamless authentication for long tail institutions?