Walrus Security provides an out-of-band payment instruction authentication platform (DoubleCheck®) used by finance teams to verify the authenticity of ACH and wire payment details before funds are released. It is used to prevent losses from business email compromise (BEC), vendor impersonation, and account-change fraud.

DoubleCheck confirms payment instructions with the counterparty using strong identity verification that combines multiple independent signals. This creates an authenticated source of truth for payment instructions, rather than relying on email or callback procedures that can be spoofed. DoubleCheck integrates with treasury, bank, and ERP workflows and can also be used standalone.  

DoubleCheck is trusted by leading investment managers, foundations, and corporations, including firms representing more than $1 trillion in assets under management. 

Benefits of being a Nacha Preferred Partner:

Aligning with Nacha as a Preferred Partner reflects Walrus Security’s commitment to maintaining the integrity of the ACH Network. DoubleCheck addresses risks before ACH entries are created, supporting ACH Network requirements and evolving payment workflows.

How Walrus Security helps advance the ACH Network:

Payments fraud originates upstream of the ACH Network. DoubleCheck enables Originators to rely on ACH payment details obtained from an authenticated Receiver identity. This creates an independent control over beneficiary account information before transactions enter the ACH Network, supporting Nacha priorities including Account Validation, Fraud Monitoring, and Risk and Fraud Prevention.

To learn more about Walrus Security, visit walrusfi.com.