IDMERIT, a provider of global identity verification solutions, announced today that global business verification is now available within IDMverify, its best-in-class identity bureau.
“Verifying the information that your potential partners and customers provide to you is essential in protecting your company against fraud or simply entering into a relationship based on inaccurate information,” said Tony Raval, CEO, IDMERIT. “We make it quick and easy to look up businesses to verify key data including location, corporate officers as well as involvement in potentially high-risk activities.”
IDMverify offers an API (REST) to access official data sources for business and identity verification. Key business information which can be accessed includes company names, addresses, corporate officers and key management, business registration numbers, dates of incorporation, and building types. IDMverify enables Know Your Business (KYB) verification of businesses around the world by tapping into these data sources, conducts Anti Money Laundering (AML) checks through PEP and OFAC watch lists, and verifies identity of corporate officers and key management.
Due to worldwide efforts to fight fraud, tax evasion and other criminal activities, additional legal requirements for verifying businesses have been instituted. Meeting the documentation requirements can be cumbersome; however IDMverify can streamline the compliance process making the onboarding of business customers and partners run much more smoothly while mitigating risk and reducing fraud.
IDMverify has guaranteed coverage in over 90 countries including some of the most challenging yet important countries including: Brazil, India, China, and South Africa. IDMERIT’s global identity verification solutions offer the widest capture of legitimate and official data sources internationally.