ValidiFI, Inc., a leading provider of alternative data and predictive analytics, announced Compass, a decision intelligence layer that connects account validation with relevant identity, ownership, fraud, relationship, and payment-risk signals. Delivered through one API and customized to the customer’s use case, Compass from ValidiFI helps organizations better understand the risk behind an account or payment and determine the appropriate next step.

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“Organizations have been forced to evaluate transactions through disconnected signals, separate solutions, separate workflows, and separate decisions,” said John Gordon, Chief Executive Officer of ValidiFI

Organizations have long relied on account validation to determine whether a bank account exists, is open, and can be used in a transaction. While account validation remains foundational, it does not answer every question required to make a confident risk decision. Does the account belong to the consumer presenting it? Are there signals associated with fraud, suspicious behavior, or elevated payment risk? How likely is the account and payment relationship to perform as expected? Evaluating those questions across disconnected systems, signals, and workflows can create blind spots, unnecessary friction, and avoidable losses. In one recent customer analysis, ValidiFI found that accounts carrying risk signals missed by validation alone generated seven times more ACH returns.

Compass provides a single point of access to ValidiFI’s intelligence capabilities, bringing together the signals most relevant to a customer’s decision process. Rather than requiring organizations to interpret hundreds of individual attributes across disconnected systems, dynamic routing directs each inquiry to the appropriate validation and intelligence sources based on the available data and configured workflow.

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