SW-121419 - USA (Ohio) - Bank Account Validation Solution - Deadline November 2,2026

(1) Vendor needs to provide bank account validation solution.– Account Validation Capabilities: – Solutions that can validate whether a bank account is open, valid, and eligible for ACH transactions in real time will be preferred.– Account Ownership Authentication: – Confirming whether the account owner name matches the bank account provided without forcing a credentialed open banking flow, Supporting both consumer name match and business name match.– Data Sources and Coverage: – The data source powering account validation and ownership verification, Coverage of smaller banks, credit unions, and regional institutions, Accounts when the initial data source returns no results, Any coverage advantages inherent in your solution.– Fraud and Payment Risk Intelligence: – Ability of the solution to identify fraud risk signals beyond basic account status, Capability of the solution to identify risky payment behaviours, patterns, or repeated suspicious activity, Report and/or alert mechanisms related to fraud or payment risks/incidents.(2) All question had been due on October 26, 2026.