Account Ownership

How Account Ownership Works

This third tier of verification determines whether the following provided attributes for consumer or business bank accounts matches data tied to the account being verified: Consumer Accounts:

First Name (required)
Last Name (required)
Phone Number
SSN

Business Accounts:

Business Name (required)
Phone Number
Tax ID

Users request an ownership check using the type parameter of the Verify API.

Note: Either the person or business object is required in order to run an Account Ownership via Name Match check.

Enum	Description
`status_ownership`	This request will first make a status check before making an ownership check.
`control_ownership`	This request will make a control check in addition to a status check before making an ownership check.

An ownership verification also includes an account status verification. Additionally, you may also include an account control verification.

Statuses

Status	Description
`pending`	The ownership status check request has been received and is in progress.
`full`	The ownership status check came back as a full match, with both first and last names matching on the account or with business name matching on the account.
`partial`	For consumer name match only, the ownership status check came back as a partial match, with either first or last name matching.
`not_a_match`	The ownership status check came back without any matches on first or last name or business name.
`not_found`	The data for the requested bank account information was not available to check for a match.
`canceled`	The ownership status check was canceled due to an invalid account status.

Fraud Controls

You will be blocked from making >5 verification requests to the same account within a 24 hour period.

Example Webhook - Consumer Name Match

{
  "account": {
    "id": "3fa85f64-5717-4562-b3fc-2c963f66afa6",
    "created_at": "2024-09-26T18:35:05.334Z",
    "updated_at": "2024-09-26T18:35:05.334Z",
    "account_number": "string",
    "routing_number": "string",
    "account_holder_name": "string",
    "email": "[email protected]",
    "type": "status_ownership",
    "person":{
      "first_name": "John",
      "first_name_match": "match",
      "last_name": "Smith",
      "last_name_match": "match",
	  "phone_number": "1234567890",
	  "phone_number_match": match
    },
    "ownership_status": "full",
    "verification_status": "pending",
    "status_reason": "blocked_account",
    "control_status": "pending",
    "debit_status": "pending",
    "debit_status_reason": "blocked_account",
    "estimated_verification_date": "2024-09-26T00:00:00.000Z"
  }
}

Example Webhook - Business Name Match

{
  "account": {
    "id": "3fa85f64-5717-4562-b3fc-2c963f66afa6",
    "created_at": "2024-09-26T18:35:05.334Z",
    "updated_at": "2024-09-26T18:35:05.334Z",
    "account_number": "string",
    "routing_number": "string",
    "account_holder_name": "string",
    "email": "[email protected]",
    "type": "status_ownership",
    "business":{
      "business_name": "ACME Corp",
      "business_name_match": "match",
	  "phone_number": "1234567890",
	  "phone_number_match": match
    },
    "ownership_status": "full",
    "verification_status": "pending",
    "status_reason": "blocked_account",
    "control_status": "pending",
    "debit_status": "pending",
    "debit_status_reason": "blocked_account",
    "estimated_verification_date": "2024-09-26T00:00:00.000Z"
  }
}

GETTING STARTED

DELIVER

VERIFY

MONITOR

How Account Ownership Works

Statuses

Fraud Controls

Example Webhook - Consumer Name Match

Example Webhook - Business Name Match

​How Account Ownership Works

​Statuses

​Fraud Controls

​Example Webhook - Consumer Name Match

​Example Webhook - Business Name Match

How Account Ownership Works

Statuses

Fraud Controls

Example Webhook - Consumer Name Match

Example Webhook - Business Name Match