What is Orum?

Deliver

Deliver payments 24/7 with our unique ‘Direct to Fed’ money movement solution.

The simplest API for fast, reliable payments.
Our modern solution delivers access to RTP, FedNow, Same Day ACH, ACH, Wires – and now Visa Direct. All to bring you payment speed and flexibility.

Bank-rate pricing
We teamed up with The Federal Reserve to build an extraordinary direct connection to The Fed – allowing us to bring customers both speed and pricing advantages.

Expanded processing windows
We leverage all available processing windows via our rare direct connection to The Fed, making it easier to optimize your payment operations.

Verify

Verify bank accounts instantly with our innovative — and patented — technology.

Account Status
We verify Account Status instantly – covering 100% of all bank accounts in the U.S. This first tier of verification – built on FedNow and RTP – fulfills Nacha requirements by determining whether an account is open, valid, and ready to send/receive payments. Unlike traditional microdeposits, we don’t rely on end users, eliminating all customer friction.

Account Control
This second tier of verification ensures the end user has control of the account – combatting Reg E fraud. Verify drops a random code into the bank account and prompts the user in real-time to authenticate it – removing the lost time and expense of microdeposits.

Account Ownership Via Name Match
This third tier determines for consumer accounts whether the first name and/or last name provided matches data tied to the account being verified.

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Ready for a demo?

Get in touch today — we’d love to show you how fast we can get you up and running.