A user provides their credentials and AllData Aggregation retrieves their account and routing numbers. This simplifies the process and verifies the account is owned by the same person trying to initiate the ACH transfer.
This type of ACH verification satisfies the NACHA WEB Debit rule, which requires ACH Originators of WEB debit entries to include explicit account validation as part of their 鈥渞easonable fraudulent transaction detection system."