Business VERIFICATION

Instant business verification

Create trusted business relationships by immediately verifying business information, including addresses, business statements, and Ultimate Beneficial Owners (UBOs). Receive updates when information changes to ensure continuous regulatory compliance with vendor management systems.

Reduce fraud losses and compliance breaches

Shufti Business Verification provides comprehensive information to support all your verification needs. A single search returns results including business registration, ownership structure, company filings, and industry codes. The Enhanced Verification option adds information such as UBOs and financial performance, with expanded global coverage.

Global support for business verification

Authenticate partners and suppliers through a single API. With real-time access to data for over 300 million companies, from more than 300 data sources across 250+ countries and states, you’ll have access to authentic and immediate results to support your business.

Streamline business onboarding

Replace manual data gathering with an automated system to acquire information from authoritative sources. Ensure consistent documentation using standard report templates covering all information gathered for compliance with standard report templates.

What makes Shufti Business verification different?

Extensive data insights on over 300 million companies
Global coverage from more than 225 databases
Simple onboard with easy API integration
Instant results in less than 3 seconds with 99% accuracy

How it works

Shufti Business Verification allows a business and its partners to submit verification requests.

Real-time business verification

Business partner document-based verification

Request initiation

Provide the company name, registration number, and jurisdiction code to initiate a standard verification KYB request

Real-Time Verification

Shufti conducts comprehensive search of official business registries using the provided information

Real-Time Business Verification Step 2 - Business Verification

Report Generation

Upon completion of verification, Shufti compiles a standard report containing registration data, jurisdiction code, contact information, address details, and company officers' information

Automated Compliance Check Step 3 - Business Verification

Download Report

Optionally, download the report to share or retain as documentation

Submit Documentation

Partner end users submit official business documents such as business licenses or incorporation certificates

Submit business documentation Step 1 duplicate - Business Verification

Extract Information

Shufti performs OCR extraction of key details, including company name, registration number, and UBO information

Cross-Check Information

Extracted information is cross-checked with official business registries.

Identify UBOs

UBOs identified from official registries or business documents are displayed to end user

Identify Ultimate Beneficial Owners Step 4 - Business Verification

Send Verification Requests

User provide email address for UBOs, and Shufti sends KYC verification requests to UBOs to complete identity checks

Send KYC verification requests to UBOs Step 5 - Business Verification

Report Results

Shufti compiles a detailed KYB report, including company registration details, validated business documents, and UBO verification results

Our platform has you covered

All in One SDK

Integrate effortlessly with our versatile toolkit, compatible with various platforms and devices.

Customizable orchestration

Adapt verification workflows to fit seamlessly with your business operations.

Global Coverage

Break through growth limits thanks to comprehensive reach and accessibility.

Explore the Shufti Global Trust Platform

Unlock your business potential with a verification platform built for worldwide scalability and reliability.

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Business Identification and Risk

Learn how Shufti Business Identification Risk provides continuous AML compliance, stops money laundering, and improves the financial stability of your organization.

Download the solution brief

Business Identification and Risk solution brief thumbnail duplicate - Business Verification

Experience the power of seamless trust in your business relationships.

Contact us

Connect with our team for expert guidance on enhancing your business verification and compliance strategies.

Request demo

Discover how our advanced identification solutions can streamline operations and build stronger relationships with your business partners and customers.

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