The July 2025 report outlines the fragmented state of account validation in the U.S., where no single method ensures complete and real-time coverage of all bank accounts. This fragmentation leads to payment failures, delays, and increased fraud risk—particularly for businesses, which struggle with onboarding, execution delays, and disrupted cash flow. Unlike other regions with mandatory validation services, the U.S. lags behind, hindering digital payment growth. Over 90% of businesses cite fraud concerns due to inadequate tools, limiting their ability to fully transition away from paper checks to secure digital payments.

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