“Can out-of-band authentication become the default trust layer for high-value push payments before they leave the sender's bank?”
Walrus Security is a New York-based fraud prevention infrastructure company focused on authenticating push payments (wires, ACH, stock distributions). Its flagship product DoubleCheck is an out-of-band payment instruction authentication platform used by funds, fund admins, family offices, and corporates to prevent business email compromise and vendor impersonation fraud. The company is a Nacha Preferred Partner for account validation and fraud prevention.
Walrus moves money over ACH.
Walrus is founded in 2016 and headquartered in New York, NY, United States.
Walrus has raised $4.5M in total.
Get a read on where your own stack stands against Walrus and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.