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Verification

TrueLayer’s open-banking verification product for confirming customer account ownership and crosschecking account-holder names.
Category: Payments Infrastructure

Description

Verification is a TrueLayer product providing name verification, including UK Confirmation of Payee services, and instant account verification through biometric authentication in a customer’s bank app. It also supports verified payment and payout flows, including suspense accounts that hold funds until required age or name verification is complete.