Trustpair vs IronVest
Trustpair
Trustpair is a payment fraud prevention platform for large companies that checks supplier bank details before money is sent. It was founded in 2017 by Baptiste Collot, Alexandre Gillier and Simon Elcham, is registered in Paris and has offices in New York, Paris and London. The platform verifies that an account belongs to the intended supplier at onboarding, when account details change and before payment is authorised, with bank account validation in 190 countries. It also monitors the vendor database continuously and verifies payment files. It connects to ERP, treasury management and procurement systems through 20+ native connectors, including SAP, Oracle, Kyriba, Coupa and Ivalua, as well as by API and SFTP. Trustpair says it serves more than 600 organisations. In August 2026 Basware signed a binding agreement to acquire Trustpair, with completion expected later in 2026.
Pros
- Bank account validations in 190 countries
- 20+ native connectors, including SAP S/4HANA, Kyriba, Coupa and Ivalua
- Listed as a Nacha Preferred Partner for Account Validation, Fraud Monitoring, and Risk and Fraud Prevention
Things to check
- Packages include a fixed number of vendor evaluations per year
- Ownership is changing: Basware signed a binding agreement to acquire Trustpair in August 2026, with completion expected later in 2026
Pricing: Not published; contact sales
IronVest
IronVest is a New York company that sells an intent verification layer for banks and fintechs. Its ActionID technology uses the device camera to check the customer's face while capturing the transaction details shown on screen, then cryptographically binds the two before a payment is released. For wires, Zelle, ACH, RTP/FedNow and SWIFT initiation, the customer confirms the amount, recipient and bank on their own device, and the bank receives a yes or no result with a signed record of what was approved. IronVest says this can replace callbacks, OTP step-ups and manual review queues for verified actions. A second product, KYRi, assesses recipient risk before funds move and is offered through an early access programme. ActionID is delivered as an SDK or API for iOS, Android and web, and is listed on AWS Marketplace and Microsoft Marketplace.
Pros
- Approval is bound to the amount, recipient and bank shown to the customer, and screen capture is used to detect altered transaction details
- Covers several payment rails, including domestic and international wires, SWIFT, Zelle, ACH and RTP/FedNow
- Each approved transaction produces a cryptographically signed record showing amount, recipient and customer biometric
Things to check
- Verification depends on a device camera and a brief face capture at the point of approval
- KYRi, the recipient-side product, is offered through an early access programme with a small group of banks and fintechs
Pricing: AWS Marketplace lists a 12-month contract at $120,000.00 for up to 10 thousand ActionID users. Larger deployments are priced per customer by quote.