Every onboarding check on one case. From first screen to final decision.
Verify runs KYC, KYB, OFAC and sanctions, PEP, adverse media, beneficial ownership, credit and UCC checks together, scores the result against your policy and routes the decision to the right person. The case connects to the system you already run, and the next periodic review is scheduled before the file closes.
You'll recognize this if…
- "Our checks live in several tools and a spreadsheet."
- "Audit week is painful."
- "Credit decides, but nobody can find the OFAC result."
- "We re-key every application into three systems."
Checking who a new customer is, who owns them and whether they're safe to do business with.
Banking rules, lender contracts and examiners require it, and expect you to show your work.
All the checks, the scorecard and the decision on one record, with the audit trail written for you.
From application to approved, with nothing re-keyed.
- Application arrivesFrom Solifi Originations, InfoLease, Salesforce, a file feed or the Verify form.
- Checks run togetherIdentity, business, sanctions, PEP, media, ownership, credit and UCC.
- Scorecard scores itYour inputs, weights and threshold.
- DecisionAuto-approve inside policy, or route to a named reviewer.
- Review scheduledThe first periodic review date is set by risk level.
The due diligence your policy requires, in one place.
Enable the modules that match your policy. Four are included in every tier, and more can be added at any time. See all plugins and modules.
KYC & fraud prevention
Identity verification against thousands of sources, with fraud signals, on every individual and beneficial owner.
KYB & Secretary of State
Confirm the business is registered, in good standing and who its officers are, through Middesk business verification.
OFAC, SDN & sanctions
Watchlist screening against OFAC and global sanctions lists, with the lists you need enabled for each country.
Beneficial ownership
Identify and verify the owners and controllers of legal entity customers, as the CDD Rule requires.
Politically exposed persons
Flag individuals who hold or have held prominent public positions, plus relevant family and close associates.
Adverse media & negative news
Search for negative news on each customer, with possible matches queued for review instead of buried in a PDF.
Credit & UCC
Pull credit through Equifax and run UCC lien searches as part of the same case.
Restricted industry & MSB
Match NAICS and SIC codes against your restricted list, and flag Money Services Businesses.
Customer hotfile
Warn on hits against your internal watchlist, kept in Verify or read from your own system by API.
Your credit policy, written as rules you can read.
Scorecards are template-based and configurable. Each input has a weight, each case gets a score, and the threshold decides whether it auto-approves or goes to a person. Change a rule and the change itself is recorded.
- Inputs you choose. Years in business, time at address, credit tier, equipment type, deal size, screening results.
- Thresholds and routing. Above the line approves. Below it routes to a credit officer with the reason.
- Regulation O and B flags. Track insider lending and adverse action requirements on the same case.
- Callable by API. Your LOS can run the same rule and get the same answer. See Execute Rule.
- Years in business2 years · weight 15+9
- Sanctions & KYB clearAll lists · weight 25+25
- Guarantor credit tierTier 2 · weight 30+24
- Equipment typeTitled vehicle · weight 15+12
- Deal size vs. historyWithin range · weight 15+8
Illustrative scorecard with sample data.
BOI reporting ended. Your CDD obligations didn't.
FinCEN has ended Beneficial Ownership Information reporting for US companies. Covered financial institutions still have to identify and verify the beneficial owners of legal entity customers at account opening under the Customer Due Diligence Rule, and keep that information current on a risk basis.
Verify keeps each owner on the customer record with their own identity, sanctions and PEP checks, and brings ownership back up at every periodic review.
How periodic reviews keep it currentBuilt with lenders, for lenders
Verify's lending workflows were built with equipment and asset finance lenders on Solifi and InfoLease, where credit owns the decision, IT owns the integration and security reviews the vendor. We plan for all three from the first meeting.
Verify for financial servicesStraight answers.
Which checks can Verify run at onboarding?
Identity and fraud prevention (KYC), business verification and Secretary of State filings (KYB), OFAC, SDN and global sanctions lists, politically exposed persons, adverse media, beneficial ownership, address verification, credit and UCC searches, restricted industry, Money Services Business flags, Regulation O and B tracking, and your own internal hotfile. You enable the modules you need.
Where does the screening data come from?
From named data partners behind one interface: EVS for identity and AML data, Middesk for business verification, and Equifax for credit, plus UCC search and your own lists. API keys stay on the server and every result is stamped with its source. See integrations and data partners.
Do we still need beneficial ownership now that BOI reporting ended?
Yes. FinCEN has ended Beneficial Ownership Information reporting for US companies, but the Customer Due Diligence Rule still requires covered financial institutions to identify and verify beneficial owners of legal entity customers at account opening. Verify keeps that information, and its review history, on the customer record.
Can Verify auto-approve low-risk applications?
Yes. Scorecards and auto-approval rules are configured per client. For example, an application above a scorecard threshold with clear sanctions and KYB results can be approved automatically, while anything else routes to a named reviewer. Every automatic decision is recorded with the rule that made it.
We already use an identity orchestration tool. Do we need Verify?
Keep it for onboarding decisions if it works for you. Verify runs the lender workflow and the periodic reviews around it, on one case with one audit trail, for a predictable monthly fee scoped to your volume.