Account Intelligence
Add Account Intelligence to your workflow to verify more bank accounts and move money with confidence.
What is Account Intelligence?
Account Intelligence delivers real-time verification of consumer and business bank account status, ownership, and payment risk — helping you reduce failed payments, protect conversion, and move money with confidence.
Specifically, Account Intelligence answers three questions:
- Is the bank account open, active, and available for transactions?
- Does the account belong to the person or business that provided it?
- Does the account show signs of elevated payment or fraud risk?
Where Account Intelligence Fits in RiskOS™
Account Intelligence runs as an enrichment step in a RiskOS™ workflow, and is available in two product modules:
| Product Module | Recommended for: | Description | Region support |
|---|---|---|---|
Account Intelligence: accountintelligence | Any organization that needs fast, low-friction bank account verification with broad domestic and international coverage. | Verifies account status and ownership with industry-leading coverage across consumer and business accounts. |
|
Account Intelligence Premier: accountintelligencepremier | Eligible financial institutions with specific account verification requirements. | Includes all Account Intelligence capabilities, plus an additional verification data source. |
|
What is Real-Time Penny Drop?
Account Intelligence uses real-time penny drop verification to validate that a bank account is open, active, and able to receive funds. During verification, the system sends a $0.01 credit to the destination account. The end user doesn't need to take any action to verify the real-time penny drop.
The transaction appears with your organization's company name in the payment descriptor so recipients can identify it.
Contact Socure Support if you need to update the company name shown in the descriptor.
Account Intelligence Outputs
| Output | Range | Purpose |
|---|---|---|
availabilityScore | 0.0 – 1.0 | Likelihood that the bank account is currently open and active. Higher values indicate greater availability. |
ownershipScore | 0.0 – 1.0 | Probability that the provided PII matches the true account holder. Higher values indicate a stronger match. |
| Reason codes | Categorical | Explain the factors behind the scores. |
For detailed field definitions, score interpretation, input requirements, and example payloads, see Set Up Account Intelligence.
Common Use Cases for Account Intelligence
- Account Funding: Verify that a linked funding account is open, belongs to the customer, and presents low payment risk before initiating transfers.
- Payments & recurring billing: Validate account status and ownership before initiating ACH debits to reduce failed payments, returns, and unauthorized transactions.
- Loan funding & repayment: Confirm borrower bank accounts before disbursing loan proceeds or collecting repayments.
- Refunds & disbursements: Ensure you send funds to an open account owned by the intended recipient to help prevent payment failures and fraud.
- Marketplace & gig payouts: Verify payout accounts before sending earnings to help prevent payout diversion and account takeover.
- Payroll & account updates: Validate employee bank accounts during onboarding or when payment details change to help prevent payroll diversion.
- Government benefits & tax refunds: Confirm recipient bank accounts before issuing benefits, grants, or tax refunds to reduce fraud and misdirected payments.
- Wallet funding & P2P transfers: Verify linked bank accounts before enabling wallet funding or peer-to-peer transfers to reduce payment failures and fraud.
Unique Features
- Industry-leading account coverage
Reach beyond traditional banks to verify accounts across credit unions, neobanks, fintechs, regional banks, and 50+ international markets — reducing payment failures while improving customer conversion. - Real-time verification
Verify bank accounts in 2 seconds or less using only a name, account number, and routing number — without bank logins, app redirects, or manual micro-deposits. - Integrated risk intelligence
Combine account status and ownership verification with fraud and payment risk signals to identify high-risk transactions before money moves. - Pay only for successful verifications
Lower operating costs with pay-per-hit pricing that charges only for successful account verifications.
Boundary Conditions
- Required inputs: You must provide
account_numberandrouting_number. Ownership verification is strongest when you also provide a national ID (SSN), EIN, or additional PII. - Coverage: Account Intelligence supports United States bank accounts plus 50 international markets. Account Intelligence Premier supports only United States bank accounts.
- Score thresholds: Tune availability and ownership score thresholds to match your specific risk tolerance.
Related Enrichments
| Enrichment | Relationship |
|---|---|
| Digital Intelligence | Layer device and behavioral risk on top of account validation. |
| First-Party Fraud | Complement account validation with cross-industry intelligence that identifies repeat payment abuse, dispute abuse, and other first-party fraud patterns. |
Related Concepts
Updated 13 days ago