Payment Radar
Experian and JPMorgan Push Account Checks Into Payment Workflows
The article reports on a trend of integrating account ownership verification directly into payment workflows, APIs, and treasury systems.
Payment RadarOriginal source: PYMNTS · linked publisher media; native reuse rights require confirmation 
What changed
Account ownership verification is moving from a post-payment check to a pre-payment step embedded directly into payment APIs, ERP systems, and treasury platforms. Providers like Experian, JPMorgan, Open Payments, MassPay, and Diesta are expanding tools that let businesses verify recipients before funds move. This shift targets the growing risks of faster payments, where recovering misdirected or fraudulent transfers is difficult. The expansion to the Americas makes these workflows directly accessible to US and Canadian merchants for the first time.
Why a business should care
Sending money to the wrong account or falling victim to fraud often results in financial loss and manual repair work. By verifying recipients before execution, merchants can catch errors and block fraudulent requests early. This reduces operational friction and protects cash flow, especially for high-volume B2B payouts or treasury operations.
Who it affects
US and Canadian merchants, particularly those managing B2B payments, vendor payouts, or employee disbursements through ERP or treasury systems. Finance teams handling payment initiation will see the most immediate impact.
What to consider doing
Pull your current payment initiation workflow documentation and identify the specific API endpoint or ERP module where vendor or recipient details are entered. Contact your treasury system vendor to ask if they support pre-payment account verification integration and request a demo of the feature.
Uncertainty and risks
The article does not detail the specific costs, implementation timelines, or accuracy rates of these verification tools. Merchants should be aware that while pre-payment checks reduce risk, they may introduce new processing steps or require system updates that could temporarily slow payment cycles. Account ownership verification is being embedded directly into payment APIs, ERP systems, and treasury platforms, allowing merchants to verify recipients before payment execution. This is a shift from post-payment detection to pre-payment verification. Services from Experian, JPMorgan, Open Payments, MassPay, and Diesta are now available or expanding to support this workflow change.
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