Nacha announced that Prometeo is now a Nacha Preferred Partner for Account Validation/Open Banking.
“Account validation is a component of a sound risk management program for users of ACH payments, and a core part of keeping the ACH Network secure.”
Prometeo uses a single API which translates multiple bank formats into a standard language and enriches data allowing for transactions to be completed. Prometeo’s API connection allows organizations to validate bank accounts and identity data, and easily complete domestic and cross-border payments.
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“Account validation is a component of a sound risk management program for users of ACH payments, and a core part of keeping the ACH Network secure,” said Jane Larimer, Nacha President and CEO. “We are pleased to welcome Prometeo as a Nacha Preferred Partner.”
“Becoming a Nacha Preferred Partner reflects Prometeo’s commitment to advancing the integrity and efficiency of ACH payments in the United States,” said Ximena Alemán, Co-Founder and Co-CEO of Prometeo. “As businesses increasingly rely on the ACH Network to move money securely, Prometeo’s account verification, ownership check and bank transfer capabilities help reduce errors, prevent fraud, and streamline the payment lifecycle. This partnership reinforces our shared mission with Nacha: to make ACH payments more reliable, accessible, and trustworthy for businesses operating across the U.S. and Latin America.”
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