GIACT

We have integrated the GIACT external bank validation service into our system, offering two essential services: **gVerify** for real-time bank account status validation, and **gAuthenticate** for verifying bank account ownership. Easily configured in the External Validation step of the Template wizard, this integration provides valuable insights and ensures secure transactions.

 The results of the GIACT validation can be seen in the Application Preview Grid:

Application status (Approved/Declined) depends on received value of AccountVerificationResult (for Bank Account validation) and AccountAuthenticationResult (for Bank Account Ownership validation) and the action configured in Template for each possible result.

The Underwriting Management API was updated accordingly in part of Get Validation Results method.

For one template it is possible to use only one bank external validation service – either GIACT or PLAID.