Products
© Fiskil 2026. All rights reserved.
Fintech
Account Verification
Traditional account verification using micro-deposits takes 2-3 days and creates friction. Fiskil enables instant account ownership verification by accessing real account data through CDR.
Micro-deposit verification delays onboarding, creates drop-off, and is vulnerable to fraud.
Micro-deposit verification takes 2-3 business days
Users abandon during the waiting period (30-40% drop-off)
Fraudsters can verify stolen account details
Manual document verification is slow and expensive
No way to confirm account ownership in real-time
Verify account ownership in seconds by confirming the user has access to their bank account through secure CDR authentication.
Confirm account ownership in seconds, not days, through authenticated bank access.
Verify BSB, account number, and account holder name match user-provided details.
Confirm genuine account ownership by requiring authentication with the bank.
Verify account is active, not closed, and capable of receiving payments.
Replace micro-deposits with instant CDR-based verification.
User enters their BSB and account number during onboarding or payment setup.
User authenticates with their bank through Fiskil's secure CDR consent flow.
API confirms the authenticated account matches the provided BSB and account number.
Account verified instantly - user can immediately begin using your service.
Confirm provided account details match the actual account the user authenticated.
Verify account holder name matches expected customer name for additional fraud protection.
Identify account type (checking, savings, credit) to ensure it supports your use case.
Confirm account is active and not closed or frozen.
Users can verify multiple accounts for backup payment methods.
Generate verification certificates for audit and compliance purposes.
A payroll app verifies employee bank accounts instantly during onboarding.
Result: Reduced onboarding time from 3 days to 3 minutes, increasing completion rate by 45%.
A gig economy platform verifies seller bank accounts before enabling payouts.
Result: Eliminated payout fraud saving $2M annually in fraudulent payment recovery.
An investment platform verifies bank accounts for ACH transfers and withdrawals.
Result: Same-day account verification enabled, improving user activation by 60%.
POST /account-verification/initiateGET /account-verification/{verificationId}/statusPOST /account-verification/validateGET /accounts/{accountId}/verification-detailsBSB number
Account number
Account holder name
Account type
Account status
Verification timestamp
OAuth 2.0 / CDR consent
Yes
CDR-based verification is instant (seconds vs 2-3 days) and more secure because the user must authenticate with their bank.
No - verification requires the user to authenticate with the bank using their login credentials, proving ownership.
The API will detect the mismatch between provided details and authenticated account, flagging the discrepancy.
Yes, account verification works for both personal and business bank accounts.
Yes, users can verify accounts from any of 100+ supported Australian financial institutions.
The API provides detailed error codes indicating why verification failed (account closed, name mismatch, etc.).
Yes, you can store verification status and timestamp for compliance and audit purposes.
Fintech
Verify account balances in real-time before processing transactions. Prevent failed payments and NSF fees with instant balance checks across Australian banks.
Lending
Detect fraudulent loan applications using real-time banking data analysis. Identify suspicious patterns, synthetic identities, and application fraud before approving loans.
Neobanks
Onboard customers instantly using banking data verification. Verify identity, income, and account ownership in seconds instead of days.
Join hundreds of companies using Fiskil to power their fintech applications. Get started today with our developer-friendly API.
Products
© Fiskil 2026. All rights reserved.