ValidiFI, Inc., a leading provider of alternative data and predictive analytics, today announced Compass, a decision intelligence layer that connects account validation with relevant identity, ownership, fraud, relationship, and payment-risk signals. Delivered through one API and customized to customer's use case.
Organizations have long relied on account validation to determine whether a bank account exists, is open, and can be used. While foundational, it does not answer every question required to make confident risk decision. Evaluating those questions across disconnected systems can create blind spots, unnecessary friction and avoidable losses.
"Organizations have been forced to evaluate transactions through disconnected signals, separate solutions, separate workflows, and separate decisions," said John Gordon, Chief Executive Officer of ValidiFI. "We've learned that's not enough. Organizations need a connected view of risk. Compass orchestrates those signals into a single picture of trust, giving clearer insight into the risk behind an account or payment while allowing intelligence to be applied within their own policies and workflows."
Signals returned can include account status and history, identity and ownership matches, contact-information risk, prior account relationships, velocity patterns, and known fraud activity, depending on application and input data.
About ValidiFI
ValidiFI, a leader in alternative data and predictive analytics, powers smarter decisions across payments and lending through predictive bank account and payment intelligence. Using non-permissioned and permissioned data, ValidiFI transforms account, identity and payment signals into actionable insights that help financial institutions and fintechs validate accounts, detect fraud and assess risk with greater precision. By connecting behavioral, relationship, and performance indicators, ValidiFI helps organizations reduce friction, mitigate losses, and improve decision confidence across the financial lifecycle.
