Asset Search and Verification

Reduce improper benefits payments

Leveraging data from more than 600 million deposit accounts across the United States, Asset Search and VerificationSM identifies up to 60 months of account status and balance history.

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Determine Assets and Eligibility

Understanding risk where it occurs

Asset Search and VerificationSM responds to government program eligibility and government administrative inquiries on behalf of financial institutions – in real-time. The service locates all accounts within the National Shared DatabaseSM Resource associated with the inquiry, determines deposit account status and verifies consumer assets. Agencies can submit a single asset inquiry and receive a detailed, accurate and secure response helping to reduce improper benefits payments and enhancing the claims process for vital government programs.

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All the verification responses you need to review eligibility requirements.

Enhanced data:

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Response Data

Up to 60 months of account status and balance history – across more than 600 million checking, savings, CD and IRA accounts


 

✓ Data provided:
Summary of account status and assets

Respond to eligibility inquiries in real-time

Enhance your claims process for vital government programs while identifying all undisclosed assets against contributed deposit account data.

Asset Search and VerificationSM use cases 

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GOVERNMENT
PROGRAM ELIGIBILITY

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GOVERNMENT
ADMINISTRATIVE INQUIRIES

What it solves

A single point-of-contact solution returns an immediate response, helping you locate all accounts associated with the inquiry, determine deposit account status and verify consumer assets.

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IDENTIFY UNDISCLOSED ASSETS

Access to banking data locates consumer accounts and assets that may have been misrepresented or omitted from program eligibility paperwork.

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IMPROVE SERVICE TO CITIZENS

Government agencies can expedite eligibility decisions and quickly extend benefits to those in need.

Enhance operational efficiency

ENHANCE OPERATIONAL EFFICIENCY

Real-time access to bank-contributed data reduces the strain on financial institutions' resources to enable a more streamlined and cost-effective inquiry response process.

Eliminate inquiry backlogs

ELIMINATE INQUIRY BACKLOGS

High volumes of requests can cause long delays for consumers to receive benefits, this single inquiry solution returns an immediate response

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ENHANCED SECURITY AND COMPLIANCE

Early Warning® has controls and safeguards in place to ensure financial institutions maintain control over their customer data throughout the asset verification process

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The Early Warning® Advantage

Leverage 30 years of experience to enhance your new accounting opening strategy.

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Robust data

Early Warning is the Trusted Custodian® of the National Shared DatabaseSM Resource which contains a rich set of data, ensuring our information is always up-to-date.

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Scalable technology

Grow at your own pace! Access our capability bundles through a simple API. Implement once – and quickly deploy additional capabilities in a snap.

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Rich analytics

Our risk assessment algorithms incorporate comprehensive, cross-institution data sets, adding depth and perspective to insights.

Early Warning is the Trusted Custodian® of the National Shared DatabaseSM Resource – which contains a rich set of deposit performance data contributed by more than 2,500 financial institutions including banks like:

Bank of America, Capital One, Chase, PNC, Truist, US Bank and Wells Fargo

Let's talk about how we can grow your financial institution

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