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What does PNV stand for?

PNV stands for Payee Name Verification (fraud prevention)

This definition appears rarely and is found in the following Acronym Finder categories:

  • Information technology (IT) and computers
  • Business, finance, etc.

See other definitions of PNV

Other Resources:
We have 20 other meanings of PNV in our Acronym Attic

Samples in periodicals archive:

Businesses should ask their banks if their firm is a good candidate for mitigation tools such as positive pay or reverse-positive pay, payee name verification and automated clearing house debit filters.
Carreker - Carreker Corporation, a leading provider of technology and consulting solutions for the financial services industry, selected the OmniPage Capture SDK for its Payee Name Verification (PNV) solution, which adds additional security to financial institutions by identifying possible payee name alterations and flagging suspect items for further investigation, significantly reducing the risk of fraudulent checks and enhancing positive pay systems for institutions that use them.
SAND(R) offers payee name verification with self-authenticated checks, and positive pay, providing the most complete protection available for financial institutions and their customers, and enables real-time check validation at the point of presentment; at the teller line, bank of first deposit, or at the merchants.