Prometeo, one of the leading fintech infrastructure providers in the Americas, has introduced Name Match, a new capability within its U.S. Bank Account Verification API designed to help businesses better determine likely account ownership before initiating payments. The feature adds a deeper layer of accuracy to the verification process by comparing an intended beneficiary’s name with the official name on record, using trusted banking-network data sources. Name Match provides an outcome Match, Partial Match, No Match, or No Data that companies can easily integrate into their risk assessment and payment decisioning workflows.
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According to Prometeo Co-Founder and Co-CEO Ximena Aleman, simply confirming whether an account exists is no longer enough in today’s payment landscape. Nacha continues to encourage stricter account validation procedures and pre-payment checks, and Name Match supports those efforts by introducing an ownership evaluation at the earliest stage of payment processing. Aleman noted that financial institutions need certainty about who likely owns an account, and this capability provides that clarity without introducing delays for high-volume payment operations.
This added insight plays a significant role in reducing misdirected payments, combating fraud, lowering the costs associated with ACH returns, and supporting broader compliance requirements tied to Nacha’s validation guidelines. With ACH volumes reaching $23.2 trillion in the third quarter of 2025 and 79% of organizations reporting payment fraud attempts in 2024, the need for stronger pre-payment controls has never been more pressing. Name Match enables businesses to automate their workflows more effectively moving forward immediately when ownership appears clear, sending ambiguous results for manual review, or blocking payments entirely when discrepancies arise. The system provides near real-time responses, returning results in under five seconds for transactions conducted over real-time payment rails.
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Prometeo’s approach removes the friction often associated with traditional login-based verification tools that require users to authenticate through third-party interfaces an impractical process for companies that must validate thousands of accounts at once. With Name Match integrated into its existing Bank Account Verification API, clients simply send routing numbers, account numbers, and an expected beneficiary name, and Prometeo evaluates likely ownership by leveraging its connectivity across U.S. payment rails. As Co-Founder and Co-CEO Rodrigo Tumaian explained, enterprises need infrastructure that can operate at scale, behind the scenes, without disrupting their workflows or requiring interactive steps from end users.
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Launched in 2024, Prometeo’s U.S. Bank Account Verification API gave businesses access to a single integration capable of validating accounts across the United States and Latin America, reaching 100% of U.S. banks. With the addition of Name Match, Prometeo is further strengthening its infrastructure to support ownership-aware payments and enhancing the reliability of large-scale onboarding, payout, and treasury operations throughout the Americas.
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