Mastercard Open Banking account validation services are provided by Finicity, a Mastercard company, who has been a Nacha Preferred Partner since 2020. Mastercard’s open banking solutions verify account details and account owner information to help mitigate fraud and maximize confidence in the accuracy of payment transactions, and powers solutions that exceed the expectations of today's digital consumers.

Benefits of being a Nacha Preferred Partner:

Mastercard is a trusted leader in the payments industry and is proud to be a Nacha Preferred Partner. As a key player in account validation, Mastercard helps clients comply with WEB debit rules and provide bank account and identity data to verify account ownership along with account details.

How Mastercard helps advance the ACH Network:

Mastercard Open Banking Solutions’ proven and trusted platform empowers the consumer with control of their financial data, transforming the way we experience money for everything from budgeting and payments to investing and lending. Mastercard partners with influential financial institutions and disruptive fintech providers alike to give consumers a leg up in a complicated financial world, helping to improve financial literacy, expand financial inclusion, and ultimately build better financial outcomes.

To learn more about Mastercard, read the announcement or visit Mastercard Open Banking.

View our joint webinar:

• September 10, 2024 Webinar: Better Payments Through Identity Verification: Safeguarding Transactions Against Fraud.

Preferred Partner List