What is GIACT used for?
GIACT is a consumer reporting agency that verifies and authenticates checking and savings accounts and resells reports prepared by third parties. Such reports may be as limited as providing information about whether an account number is valid and whether the account is open.
What is GIACT validation?
GIACT identified four areas that an ideal verification system would validate: Account status. Payment history, particularly NSF or chargeback history. Ownership, and matching ownership to the payment originator. Consistency of PII, including name, address, phone number, email and more.
What is gVERIFY?
gVERIFY® uses the routing and account number to provide real-time account status for consumer and business accounts giving your FI confidence that an account is valid prior to approving a deposit or accepting a payment.
Who uses GIACT?
GIACT helps clients of all sizes, and its primary clients are banks, insurance companies, commerce and retailers. The Allen based company’s team of payments, risk and security experts focuses on creating and delivering technology solutions that protect companies and their customers from payments and identity fraud.
What is GIACT banking?
GIACT is the industry leader in payments and identity fraud prevention. We are an experienced team of payments, risk and security experts focused on creating and delivering innovative technology solutions that protect companies and their customers from payments and identity fraud. Play. LIVE.
When was GIACT founded?
2004
GIACT (www.giact.com) is a privately held company founded in 2004 by a team of experienced payments, security, and technology experts. GIACT is the leader in helping companies positively identify and authenticate customers.
Who bought GIACT?
Refinitiv
Refinitiv announced its acquisition of GIACT on November 2nd. The completion of the transaction comes as Refinitiv marks 20-years of supporting its customers in the fight against financial crime through its risk intelligence solution, World-Check.
When was Giact founded?