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Orum launches bank account verification product built on top of FedNow
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Industry News
Tuesday, October 17, 2023
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Payment platform Orum has introduced Verify, which according to the company is the first ever product built on top of the new FedNow instant payment rail.
Verify reportedly determines within 15 seconds whether a bank account is open and valid before initiating payments while covering 100 percent of all U.S.-based consumer and business bank accounts.
Read on to learn more.
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