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Risk Verification Database

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About Risk Verification Database

Risk Verification Database is a data management platform from MicroBilt that provides access to comprehensive risk assessment data. It includes credit history, fraud alerts, and background checks so organizations can make informed decisions. This database supports various industries by offering detailed insights into individual and business risk profiles. It allows users to quickly verify potential clients, vendors, or employees against extensive risk data. Key capabilities: credit score analysis fraud detection alerts comprehensive background checks easy integration with existing systems real-time data updates Best for: financial institutions, leasing companies, and employers that need accurate risk verification for informed decision-making.

Risk Verification Database Details

Vendor
MicroBilt
Year Launched
1978
Location
1640 Airport Rd. Suite 115 Kennesaw, GA 30144
Deployment
cloud
Training Options
live online
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese.
Users
Merchants accepting ACH or e-Check payments, lenders using ACH for funding or collections, alternative lenders, payment processors, utilities, rent-to-own firms, and other businesses exposed to payment return or account closure risk.
Industries Served
Automotive Sales, Retail Sales & Rentals, Collection & Recovery, Accounts & Appraisals, Finance Companies, Consumer Lending, Government & Non-Profit, Property Management, Merchant Services, Wholesale & Distributors
Tags
ACH verification, e-Check risk mitigation, account routing validation, bank account returns history, payment fraud prevention, NACHA compliance, bank account verification database, return-risk analytics

Risk Verification Database's In-App Market Place

Does Risk Verification Database have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
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Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (Fr), CNY (¥), SEK (kr), NZD (NZ$), KRW (₩), SGD (S$), HKD (HK$), NOK (kr), MXN (Mex$), INR (₹), BRL (R$), RUB (₽), ZAR (R), TRY (₺), AED (د.إ), SAR (ر.س), DKK (kr), PLN (zł), THB (฿), IDR (Rp), MYR (RM), TWD (NT$), PHP (₱), CZK (Kč), CLP (CLP$), PKR (₨), HUF (Ft), KES (KSh), VND (₫), IQD (ع.د), QAR (ر.ق), BDT (৳), SAR (﷼), EGP (E£)

Pros & Cons

  • Supports proactive fraud and return mitigation by checking banking account status and history before processing transactions.
  • Flexible access modes make it adaptable for different workflow and volume needs.
  • Customizable risk rules allow tailoring to different business tolerances or industries.
  • Helps firms comply with payment network rules and reduce costly ACH/e-Check returns.
  • Provides depth of history, offering richer signals than simple routing/account verification alone.
  • New or less-active accounts may lack sufficient history, limiting conclusiveness.
  • Not a consumer credit report and cannot be used for underwriting; focused solely on transaction risk.
  • Integration may require technical setup and configuration of business rules to maximize value.
  • The richest tier may involve higher costs or complexity due to access to extended retail/financial data.

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