Our customers report up to 60% fraud decrease from users that consent to sharing their bank details via account access.
We are regulated and audited by the French and Spanish banking supervisors, and duly authorized to access account data through PSD2 APIs. We are also an indirect participant to the SEPA network.
In addition to high-growth start-ups, our customers include 10+ global banks such as BNP Paribas, Societe Generale, BPCE Group or Banco Azteca.
Powens offers two products in this family. Bank ID Check verifies bank account ownership in real time across Europe via Open Banking (PSD2): the user authenticates with their bank app, and Powens retrieves the holder’s name, IBAN, account type and co-ownership details directly from the bank. Valitic® verifies Spanish IBAN ownership instantly via Iberpay’s National Electronic Clearing System, matching an IBAN against the holder’s tax ID (NIF/CIF/NIE) — without any user interaction. Both are accessible through the same API.
Bank ID Check is Open Banking-based: it requires the user to authenticate with their bank app and works across 12+ European countries. Valitic is infrastructure-based: it verifies IBAN ownership passively by querying Iberpay’s clearing system, with no user interaction required — but is available for Spanish IBANs only. Bank ID Check is best for onboarding flows where the user is present; Valitic is best for back-office validation, batch checks, and recurring verification of existing customers.
Bank ID Check connects directly to the account owner’s bank as a regulated PSD2 institution, delivering tamper-proof identity data from the source. Customers report up to 60% fraud decrease compared to document-based verification. Valitic cross-checks IBANs against official banking infrastructure in Spain, covering 88 million accounts (99% of all Spanish bank accounts) with a response in under one second. Together, they eliminate reliance on forgeable documents.
Yes. Valitic supports both individual and batch queries through the same API, making it suitable for bulk onboarding, periodic database cleanup, or mass payment validation of Spanish IBANs. Each verification matches an IBAN against a tax ID and returns an instant OK/KO response. Bank ID Check, by contrast, requires individual user authentication and is designed for one-at-a-time verification flows.
Lending and leasing companies use both products to verify borrower identity before disbursement. Payment providers confirm IBAN ownership before transfers to prevent misdirected funds. Property management platforms verify tenant bank details for rent collection. In Spain specifically, any business processing high volumes of IBANs — insurers, utilities, payroll providers — benefits from Valitic’s passive, batch-capable verification.
Yes. Powens is one of the few providers in European markets that can verify co-joint accounts. When available from the bank, Bank ID Check returns the identity and role of all parties associated with an account — not just the primary holder. This is essential for lending use cases where all account owners must consent before a loan can be disbursed.