Business Verification
Quick and compliant onboarding for business clients
Automate checks that aid compliance with KYC, AML/CTF (Australia) and AML/CFT (New Zealand) requirements to deliver a faster, more seamless client experience.
greenID offers real time, privacy-compliant business verification that navigates complex ownership structures and provides you with a single report and compliant audit trail.
Companies often have multiple levels of ownership, a labyrinth of stakeholders, and business structures all increasing the number of entities that require verification. This complexity increases the risk of non-compliance, reputational damage, and regulatory fines, while screening to mitigate the risk often causes friction and frustration for all parties involved.
greenID’s business verification takes the pain out of adequately verifying the identity and overarching ownership of organisations with whom you are transacting. The platform also streamlines reporting requirements to regulators and stakeholders, to help ensure compliance and minimise risks.
Verify businesses against a wide range of trusted data sources and identify key interested parties.
Verify beneficial owners and verify the identities of all individuals involved.
Fulfil AML & KYC requirements.