Reports on banking history of individuals or businesses, risk assessment for financial institutions
Data type:
Consumer bank account data
Use case:
Traditional credit data
Tags:
Consumer bank account data
About
Chex Systems
Chex Systems provides financial institutions with consumer bank account data to help assess potential risks and qualify new accounts. It helps banks and credit unions verify the banking history and account behavior of applicants. Chex Systems maintains a comprehensive database of consumer banking histories, including information on past overdrafts, bounced checks, and other issues that might affect bank account approval.