ACH: Check Verification Company
As I just mentioned, the ECHO Xpress Verification system is a perfect example of a great check verification company. There are many others, working their own competitive edges. This is good news for us all. But not exclusively.
Without a doubt, I recommend that you run a solid check on any check verification company you might do business with. Check their references. Check their company history. Check their performance record.
Checking Your Check Verification Company
I dont personally know of any examples, but I shudder to think of what a bad check verification company could do. Incompetence could result in decent people, getting their credit and good name besmirched. Evil takes it to the next level, a level to which you do not want to go.
This could just as easily be said about any other company in the ACH network. Check them out well, before you entrust them with your privileged information. That being said, there is many a legitimate check verification company. Do your homework, and youll be fine.