Payment verification for MYOB & Xero that prevents fraud before funds move.
Stop payment redirection scams and costly errors with multi-factor verification: network whitelist, Confirmation of Payee, and Open Banking account ownership checks. No phone calls. No swivel-chairing.
Controls across the entire payee lifecycle
Onboarding
Collect and verify supplier details with Open Banking-backed ownership checks and our shared whitelist.
Changes
Detect and re-verify any change to bank details or identity signals before the next payment run.
At payment
Run real-time checks on every payment file and present clear go/no-go guidance inside your workflow.
How it works
1) Inside MYOB & Xero
Ezyshield runs directly in your accounting workflow. No switching tabs, no portals.
2) Real-time checks
We verify new/updated payees and validate every payment before funds are sent.
3) Continuous monitoring
Consistency checks catch anomalies instantly and block risky transfers.
Why finance teams choose Ezyshield
No more phone verifications
Manual phone checks are slow and can be spoofed. Ezyshield verifies payee ownership via Open Banking, automatically.
Stops payment redirection scams
Multi-factor verification prevents BEC scams and misdirection before money leaves your account.
Network effect
Our whitelist grows with every validated payee across our customers, improving detection for all.
Audit & compliance
Every check is logged, exportable, and ready for internal audit, insurers, and regulators.
Confirmation of Payee is helpful — but it’s not enough alone
CoP checks name-to-account alignment at a point in time. Ezyshield layers CoP with network intelligence and Open Banking ownership validation, plus continuous monitoring — closing gaps like vendor email compromise and late-stage detail changes.
Layered verification
- • CoP (name ↔ account)
- • Network whitelist cross-check
- • Open Banking ownership validation
- • Change detection & consistency checks every pay run
FAQs
Do I still need to call suppliers to confirm bank details?
No. Ezyshield replaces phone-based verification with Open Banking account ownership validation and Confirmation of Payee.
Will it slow down payments?
Checks run in seconds inside your accounting flow. Most payments proceed instantly.
What integrations are available?
Native support for MYOB & Xero at launch. Additional platforms on our roadmap.