Products
VerifyNameAPI
The VerifyName API addresses the compliance challenges faced by Travel Rule-obliged VASPs transacting with counterparts located in jurisdictions where the Travel Rule is not yet enforced. This protocol provides critical Enhanced Due Diligence (EDD) by verifying that the originator and beneficiary identities match, strictly allowing only 1st-party transactions
Proven Effectiveness
Time to Verification
0.168sec
Provides clear, measurable compliance readiness, aligning perfectly with FATF recommendations.
Verification Result
91.7%
Reduces impersonation fraud significantly, evidenced by a 91.7% successful verification rate.
Why VerifyName Stands Out
Enhanced Risk Mitigation Measure
Implements robust Enhanced Due Diligence (EDD) measures in line with FATF's recommendations for transactions involving non-obliged jurisdictions.
Fraud Prevention
Proactively mitigates impersonation, fraud, and identity mismatch risks through strict identity confirmation.
Automated Risk Checks
Enables automated compliance and identity checks to streamline transaction processing and reduce regulatory risk.
AML/KYC Excellence
Demonstrates proactive compliance commitment and adherence to stringent global AML/KYC standards.
Built for
Non-Obliged
Jusisdictions
Industry proven enhanced risk mitigation measure for a fragmented regulatory environment while protecting personal data.
Trusted partner
for global compliance
excellence
for global compliance
excellence