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InstantFUNDS
[Photo: AndreyPopov/istock]
Fort Worth’s VALID Systems Launches Service that Makes 99% of Bank Deposits ‘Instantly Available’
by David Seeley | Feb 27, 2023
A leader in "account-based decisioning" and real-time machine learning models, VALID announced its launch of InteliFUNDS, a new service that enables banks to make up to 99% of check deposits "instantly available with no risk to the institution." Founded in 2003, the pioneer in check authentication and risk decisioning says it has "more than $200 billion in decisioned checks under our belt."
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