GIACT, part of LSEG, is one of Trustpair’s external data source providers and the largest company-bank account correlation source for the US market.
They provide a wide range of services in the fraud prevention and authentication space, with use cases such as securing vendor accounts registration, and payment transactions for natural and legal persons.
Since its creation, GIACT has processed billions of transactions for more than 1,000 customers. GIACT, like the many other data sources available in Trustpair, is seamlessly integrated into the platform.
Combine over 4 billion consumer and business records thanks to GIACT and Trustpair data (including customer data, additional checks, etc.).
Work with reliable and secure data at all times thanks to GIACT’s instant account information coupled with Trustpair’s continuous data monitoring
Access GIACT’s global Account Verification in your existing P2P tools with our agile API.
Connect natively GIACT’s global Account Verification in your systems thanks to our broad range native connectors with leading softwares.
"Trustpair gives us more reliability and peace of mind. The financial director is more serene when it comes to approving the transfer order."
"With Trustpair’s verification methodology, it's no longer just a consistency check but an exact confirmation of the validity of the third party: there is no longer any risk."
"With Trustpair, we are able to automatically and quickly monitor our third parties and ensure the security of that very data over the long term."
“I would definitely recommend Trustpair to finance departments. It makes adding and modifying beneficiaries more reliable, without resorting to manual processes that are cumbersome, time-consuming and fallible.”
“The control process is simplified with the Trustpair solution, the Finance Department is reassured and, above all, it no longer needs to waste time performing manual checks to verify a supplier's bank details.”
"Trustpair adapts very well to the specifics of our market and our way of working. Several features are developed as we work together. That's a real plus."
"Trustpair has become more than a reflex; it has become an obligation. The team no longer validates an IBAN unless Trustpair has confirmed it to us."
Thanks to Trustpair, we’ve made a significant shift in our security processes and filled the gaps we needed to fill. Trustpair has proved to be a committed and trustful partner and we’ve appreciated the support and transparency.
We’ve gone from manual and time-consuming fraud controls to automated bank account validation done directly in SAP. The workload has been drastically reduced and payment security is now guaranteed.
Experience Seamless Security in Action. Request Your Demo Today!
LSEG is one of the world’s leading providers of financial markets infrastructure and delivers financial data, analytics, news, and index products to more than 40,000 customers in 190 countries.
They help organizations fund innovation, manage risk, and secure every point in the trade lifecycle: from informing their pre-trade decisions and executing trades to raising capital, clearing, and optimization.
Backed by more than three centuries of experience, innovative technologies, and a team of 23,000 people in 70 countries, They are driving financial stability, empowering economies, and enabling you to grow sustainably.
Trustpair’s technology is accessible through various deployment way. Among them, the API allows Financial departments to benefit from the advantages of the solution directly within their current digital tools
B2B Payment fraud encompasses various tactics, each with the potential to cause significant financial losses. Some common types of B2B payment fraud include:
One of Trustpair’s key strategies in combating payment fraud is integration with external international vendor data sources. These sources provide essential information to validate instantly the ownership of vendors’ bank accounts, ensuring the legitimacy of transactions. Trustpair relies on trusted external data and internal data such as client data mutualization or payment history. This enhances the accuracy and reliability of its fraud prevention efforts and ensures top-notch protection against fraud. Trustpair is the ultimate anti-fraud platform and will make fraud detection and prevention seamless.
