VerifyBiz

VerifyBiz is a real-time Confirmation of Payee service for businesses and government agencies that prevents misdirected payments and scams by verifying bank account details early and often.

Real-time account detail verification for business and government agencies

Reduces the risk of misdirected payments and scams – and can be used anytime, not just when making a payment.

Use it for:

  • Onboarding new suppliers, employees or customers
  • Interim reviews of account information
  • Direct debit sign ups
  • Refunds or payouts

By verifying account details early and often, you'll save time and money, otherwise spent clawing back misdirected payments.

Access at work whenever and wherever you need it

Access the service via a URL-based portal or have it built directly into your work systems via API.

Get in touch

Web-based portal

API integrated into work systems

Seamless integration with your systems

VerifyBiz is adaptable to any API-connected environment. Make verifying account details effortless by connecting your internal or external user experiences through your own:

  • Onboarding systems
  • ERPs
  • CRMs
  • Customer interface
  • Supplier interface

You decide how to handle account details based on the match result – helping you spot incorrect information or potential scammers before any payment is made.

Experience the smarter, safer way to verify account details.

VerifyBiz is built on trust, accuracy, and security from the source.

Real account
information

Held directly by account issuers such as your bank.

No central database

To protect you, our solution does not store account data.

Real-time checks

Performed directly with account issuers, not based on outdated or cached information.

A non-profit model

Making our solution cost-effective. Built by banks to protect New Zealanders.

Protect against scams and errors

Catch mismatched or fraudulent account details before payment.

Saves time and money

Reduce the admin and cost of chasing misdirected payments.

Access anywhere

With any internet connected device with the web-based portal.

Trusted data

Checks real-time account information directly with NZ account issuers such as banks and non-bank payment service providers, deposit-takers and credit unions.

VerifyBiz (Request only)

Enables organisations to check if account numbers and names match.

1
Secure ecosystem supported by GetVerified oversight, reporting and monitoring.
2
Centralised matching engine.
3
Real time data to facilitate accurate match responses to requests made.
4
Account data is destroyed immediately after a check. Our solution does not store account data.

Customers already using VerifyBiz

We’re piloting VerifyBiz with a select group of organisations, including:

  • Fund managers
  • Fintechs 
  • Charitable organisations
  • Local government and 
  • Government agencies.

These early adopters are helping shape how New Zealand businesses safeguard their stakeholders against scams and misdirected payments through Confirmation of Payee.

Trusted by New Zealand banks and businesses

Our anti-scam solutions are trusted by some of New Zealand’s biggest brands and our Confirmation of Payee service is used every day by New Zealanders.

Talk to us about VerifyBiz

Get in touch and together we can find out which VerifyBiz solution is right for you.

FAQs

Who is VerifyBiz for?

How does VerifyBiz work?

What are the benefits of VerifyBiz for my organisation?

What types of organisations are eligible to use VerifyBiz?

Do I need to be a bank or financial institution to use VerifyBiz?

How is VerifyBiz different from Verify+?

How do I integrate VerifyBiz into my systems?

What privacy and security protocols does VerifyBiz use?

When will VerifyBiz be available?

How do we get started using VerifyBiz?