SWIF Account Validation Services

The Department of Labor and Industry in USA from Americas region had released this tender for The Pennsylvania Fiscal Code was amended Act of July 11 2022 Act No 54 P L 540 to include section 301 5 captioned Commonwealth Payment Security requiring the implementation and maintenance of electronic payment security standards measures and procedures as required shall be designed to confirm and verify the existence status standing maturity and signatory authority of the banking account authenticate account ownership and control and accurately identify the identity of intended payment counterparties prior to the 4 initial and completion of a payment to the account or against the account The Department of Labor and Industry on behalf of the State Workers Insurance Fund SWIF is seeking offers from providers with a solution that delivers a determination of the validity of a bank account and routing number The qualified Provider shall be able to determine whether the financial data provided to agencies as the payee s self attested bank account information is accurate correct valid and matches the identify of the bank account owner authorized signatory of the direct deposit bank account information provided The Offeror s solution shall include identity verification services that use additional details about the individual requesting the bank account addition or change to identify potentially fraudulent actors TO BE CONSIDERED THE OFFEROR MUST BE QUALIFED BY TH PENNSYLVANIA DEPARTMENT OF TREASURY TO PROVIDE ACCOUNT VALIDATION SERVICES TO COMMONWEALTH AGENCIES ACCOUNT VALIDATION SERVICES PATREASURY GOV All Offerors are required to create a user profile within the Commonwealth s JAGGAER portal Link to the JAGGAER portal -- https bids sciquest com apps Router PublicEvent CustomerOrg CommonwealthPA Only those proposals submitted electronically through the JAGGAER portal will be accepted For system navigation questions contact the DGS Help Desk - 1-877-435-7363 ext 2 For those problems logging in and or password-related issues contact JAGGAER technical assistance -- 1-800-233-1121 or RA-GSJAGGAERHELP pa gov Questions must be submitted using the Q A Board within this JAGGAER event Questions must be submitted as individual questions Only one question is to be submitted at a time and no attachments are to be uploaded Questions must be submitted by the posted deadline All questions and responses are considered an addendum to and part of this RFP The Issuing Office shall not be bound by any verbal information nor shall it be bound by any written information that is not either contained within the RFP or formally issued by the Issuing Office The Issuing Office does not consider questions to be a protest of the specifications or the solicitation with tender notice no. 6100062752 published on 31 Jul 2025. The tender expired on 29 Aug 2025. This tender is sourced from E Marketplace PA and is eligible for suppliers interested in Banking services. Interested bidders can obtain further information including complete bid documents or ways to participate by registering on Tender Impulse and referencing via Tender Impulse ID 8846629.