Real-time access to bank-sourced account and demographic data that can help you trust your trading partner or planned payee
PNC Account Verification Services can help you confirm the existence of an account, its status, standing, and even ownership or control, prior to initiating a payment to or against that account, that can help you avoid financial loss brought about by fraud, return item fees, and other administrative costs.
Fraudsters are constantly looking for and finding ways to exploit business’ weaknesses through the use of Business Email Compromise (BEC) and Account Takeover (ATO), waiting for someone to take the bait – don’t let it be you or someone in your organization.
Download the Cyber Security Resource Guide »
Over the last few years, social engineering scams have exponentially grown to the level of a financial epidemic.
• 82% of organizations experience actual or attempted payments fraud*
• 80% of organizations are exposed to actual or attempted BEC fraud*
• 54% of organizations experience actual loss as a result of BEC fraud*
• In 2019, 23,775 Business Email Compromise / Account Takeover fraud scams were reported to the FBI Internet Crime Complaint Center (IC3); in aggregate, these scams resulted in nearly $1.8B in financial loss – a number that has grown steadily over the last few years.**
PNC Account Verification Services utilizes a National Shared DatabaseSM to which more than 1,500 U.S. banks, including PNC, regularly submit information regarding their accounts and transactions.
No. PNC Account Verification Services allows customers to submit account verification inquiries, which must or can include information such as an ABA routing number, account number, accountholder name, address, phone number, and other identifiable information. Verification inquiry responses will confirm whether the information contained in the inquiry matches that which exists in the National Shared DatabaseSM.
You can access PNC Account Verification Services via PINACLE®, PNC’s top-rated corporate online and mobile banking portal, and/or via the integration of APIs within your Enterprise Resource Platform or other application.
Because PNC Account Verification Services is classified as a consumer reporting service, under the Fair Credit Reporting Act (FCRA), end users must have and attest to having permissible purpose under FCRA to access information that the service provides. Prior to gaining access to PNC Account Verification Services, each organization must submit to an application process.
*Association for Financial Professionals Payments Fraud and Control Survey 2019
**2019 Internet Crime Report (FBI)
PNC and PINACLE are registered marks of The PNC Financial Services Group, Inc. (“PNC”).
Early Warning Services, LLC is the owner of the National Shared DatabaseSM
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.
We have tools to help you bank when and where you want.Mobile Apps Directory »
Be part of our inclusive culture that strives for excellence and rewards talent.Visit PNC Careers »
The PNC Financial Services Group, Inc. All rights reserved.