Is "00013814 ONDECK CAPITAL16 JOHN DOE ACH CORP DEBI" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "00013814 ONDECK CAPITAL16 JOHN DOE ACH CORP DEBI"?

Ondeck Capital is a financial technology company that has been in business since 2006. The company provides online small business loans, offering term loans and lines of credit to small and medium-sized enterprises. Ondeck Capital utilizes proprietary software to evaluate the financial health of businesses and assess their eligibility for credit. The company operates in the United States, Canada, and Australia, focusing on providing fast and efficient access to capital for business needs.

`00013814`: Reference number or transaction ID

`ONDECK CAPITAL`: Merchant or company name

`16`: Likely indicates a specific identifier for the merchant or transaction type

`JOHN DOE`: Account holder's name

`ACH CORP DEBIT`: Transaction type (Automated Clearing House Corporate Debit)

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.