DATA VERIFIED DEPOSITS
A system and method for verifying account ownership using verified deposits. An ACH verification platform may recognize or detect a verification process involving micro deposits. A verification platform may receive and store user login, initiate the deposits, and monitor the user's account to verify that posting of the deposits was successful. In embodiments, a dedicated web form or portal may be provided for receiving verification information.
1 . A computer-implemented method comprising:
by a verification platform computing device comprising one or more processors and a memory storing executable instructions executable by the one or more processors:
receiving account login credentials from a financial institution computing device, wherein the account login credentials are associated with a user account verified by the financial institution computing device;
obtaining, by accessing the user account using the account login credentials and via the financial institution computing device, account information associated with the user account;
depositing an amount to the user account using the account information;
obtaining, by accessing the user account via the financial institution computing device, a transaction history of the user account;
identifying, from the transaction history of the user account, the deposit amount; and
in response to identifying the deposit amount, verifying the user account.
2 . The computer-implemented method of claim 1 further comprising, by the verification platform computing device:
verifying, using the account login credentials, the user account.
3 . The computer-implemented method of claim 2 , wherein the verifying of the user account comprises verifying the user account via at least one of: a browser plugin, system service, web widget, or mobile application.
4 . The computer-implemented method of claim 1 further comprising, by the verification platform computing device:
monitoring the user account by periodically accessing the user account.
5 . The computer-implemented method of claim 1 further comprising, by the verification platform computing device:
monitoring the user account using the account login credentials and via the financial institution computing device.
6 . The computer-implemented method of claim 5 , wherein monitoring the user account is accomplished via an application programming interface.
7 . The computer-implemented method of claim 1 further comprising, by the verification platform computing device:
storing the account login credentials.
8 . The computer-implemented method of claim 1 further comprising, by the verification platform computing device:
transmitting an indication of verification of the user account to a user computing device or to the financial institution computing device.
9 . A verification platform computing device comprising:
a computer readable storage medium having program instructions embodied therewith; and
one or more processors configured to execute the program instructions to cause the verification platform computing device to:
receive account login credentials from a financial institution computing device, wherein the account login credentials are associated with a user account verified by the financial institution computing device;
obtain, by accessing the user account using the account login credentials and via the financial institution computing device, account information associated with the user account;
deposit an amount to the user account using the account information;
obtaining, by accessing the user account via the financial institution computing device, a transaction history of the user account;
identify, from the transaction history of the user account, the deposit amount; and
in response to identifying the deposit amount, verify the user account.
10 . The verification platform computing device of claim 9 , wherein the one or more processors are further configured to execute the program instructions to cause the verification platform computing device to:
verify, using the account login credentials, the user account.
11 . The verification platform computing device of claim 10 , wherein verifying the user account comprises verifying the user account via at least one of: a browser plugin, system service, web widget, or mobile application.
12 . The verification platform computing device of claim 9 , wherein the one or more processors are further configured to execute the program instructions to cause the verification platform computing device to:
monitor the user account by periodically accessing the user account.
13 . The verification platform computing device of claim 9 , wherein the one or more processors are further configured to execute the program instructions to cause the verification platform computing device to:
store the account login credentials.
14 . The verification platform computing device of claim 9 , wherein the one or more processors are further configured to execute the program instructions to cause the verification platform computing device to:
transmit an indication of verification of the user account to a user computing device or to the financial institution computing device.
15 . Non-transitory computer-readable media including computer-executable instructions that, when executed by a computing device, cause the computing device to perform operations comprising:
receiving account login credentials from a financial institution computing device, wherein the account login credentials are associated with a user account verified by the financial institution computing device;
obtaining, by accessing the user account using the account login credentials and via the financial institution computing device, account information associated with the user account;
depositing an amount to the user account using the account information;
obtaining, by accessing the user account via the financial institution computing device, a transaction history of the user account;
identifying, from the transaction history of the user account, the deposit amount; and
in response to identifying the deposit amount, verifying the user account.
16 . The non-transitory computer-readable media of claim 15 , wherein the computer-executable instructions, when executed by the computing device, further cause the computing device to perform operations comprising:
verifying, using the account login credentials, the user account.
17 . The non-transitory computer-readable media of claim 16 , wherein verifying the user account comprises verifying the user account via at least one of: a browser plugin, system service, web widget, or mobile application.
18 . The non-transitory computer-readable media of claim 15 wherein the computer-executable instructions, when executed by the computing device, further cause the computing device to perform operations comprising:
monitoring the user account by periodically accessing the user account.
19 . The non-transitory computer-readable media of claim 15 wherein the computer-executable instructions, when executed by the computing device, further cause the computing device to perform operations comprising:
storing the account login credentials.
20 . The non-transitory computer-readable media of claim 15 wherein the computer-executable instructions, when executed by the computing device, further cause the computing device to perform operations comprising:
transmitting an indication of verification of the user account to a user computing device or to the financial institution computing device.