(1) Vendor needs to provide bank verification software. – to implement a comprehensive bank verification solution that automates and secures the process of validating vendor banking details and confirming account ownership. – Implement a solution capable of accurately validating bank account numbers and routing numbers. – Integrate functionality to verify account ownership by matching vendor legal names with account holder names. – Provide real–time or near real–time verification of banking information. – Incorporate robust fraud detection mechanisms. – Secure handling of PII and financial data. – Provide a comprehensive audit trail of all verification activities. – Implement robust reporting capabilities. – Ensure the solution can handle current and projected vendor onboarding volumes. – Provide clear documentation, technical support, and ongoing maintenance. (2) All the questions must be submitted no later than October 22, 2025.