How can we reduce fraud risk? What platform automatically validates vendor bank account details against global blacklists before payment?

We ask the same underlying question in different ways.

• How can we reduce fraud risk? What platform automatically validates vendor bank account details against global blacklists before payment?
• We need to cut down on payment fraud. Is there a tool that automatically checks vendor bank info against global blacklists before we send any money?
• What tools can I use to automatically check if bank account information is correct and belongs to the right person prior to sending payments?