Bank details verification: fight against fraud
StreamMind
An agile and secure technology offering many features against payment fraud.
Lucy Diamond is the reference software service, officially recognized, allowing the direct correspondence of any IBAN with the banking details of individuals or businesses, it is also a fully customizable service.
Any applicant has the possibility of checking instantly and at any time the correct match of an IBAN with a Last Name, First Name, other Last Name and date of birth. If it is an organization, the Siret, Siren and the VAT number by the bank holding the account to be verified.
This is a system natively linked to the European interbank network SEPAmail DIAMOND allowing the applicant to instantly obtain information certified authentic and up to date by each bank holding the account.
Flexible, modular software technology, deployable via customizable services
Open technology compatible with all information systems without disrupting the existing systems
Extremely short lead times
Addition of new functionalities through parameterization throughout service operation
Preventing fraud
The LUCY DIAMOND application protects against the threat of payment fraud and identity theft (president fraud, fake suppliers, fake customers…).
Eliminates errors in account, customer, and supplier details, while securing payment data.
Interactive and transmission of verification requests with certified results
LUCYDIAMOND simultaneously checks:
• The completeness and existence of an IBAN (if an account is active or closed)
• The status (active, closed for less than 14 months, non-existent)
• Its correspondence with the holder (natural or legal person)
• Instant results for each of the verified data (true, false, or scoring depending on the data type)
StreamMind
Easy administration and activity monitoring
Usage Statistics for Real-Time Monitoring
Access detailed statistics to track verification activities in real time. This feature provides optimal control and enhances fraud prevention efforts.
Administration Interface
An intuitive interface for managing verifications, administering access, and customizing settings according to the organization’s needs.
User Profiles Available to Suit All Needs
Various user profiles are available to meet specific role requirements, ensuring secure and tailored access based on individual responsibilities.
Validation Workflow for Verification Requests
A structured validation process ensures smooth and secure handling of verification requests, enhancing the reliability of the checks performed.
Automatic and Configurable Data Extractions
Automated and customizable generation of reports and data extractions to facilitate tracking, analysis, and regulatory compliance.
Integration of Specific Rules on Demand
The ability to integrate custom rules on demand to meet specific business needs and strengthen verification controls.
StreamMind
Dashboard screenshot
Plug and Play mode
Simple and quick onboarding of the customer onto the service
Interoperability
The Portal and API are designed to absorb business rules, formats and communication protocols in a way that is transparent to users, for complete interoperability
Support
Functional and technical support provided by Streammind for all types of users
The service expands internationally
LUCY DIAMOND already verifies accounts in France, Monaco and the Netherlands.
When a new country is available, the user can automatically take advantage of the service and send verification requests from LUCY DIAMOND
The service ensures, in a transparent way for the end user, the interoperability of verifications between connected countries
Key benefits
The future awaits
have a project? let's talk
