Enhancing the security of financial transactions, Cybrid has an integrated KYC (Know Your Customer) process. This integration provides a UI widget for identity verification, ensuring that every transaction is linked to a verified user.
Connect to the identity-verified accounts involved in each transaction. This integration ensures that the sending and receiving accounts are not only accurately verified but also securely linked to the respective user identities.
We employ cutting-edge security measures to detect and prevent fraudulent activities, ensuring the integrity of every ACH transfer. Our platform continuously monitors for unusual patterns & money laundering.
Our platform has an integrated KYC & funding process, which includes connecting to accounts using Plaid Auth and Balance. We ensure KYC and the funding account Personal Identifiable Information (PII) matches before initiating an ACH transfer. This is just one of many automated fraud mitigation tools within the Cybrid platform.
We'll cover the basics of ACH transfers