Verify 365 announces the launch of its new “Enterprise” client onboarding software

Verify 365, the online platform that provides secure and reliable identity verification and digital client onboarding technology, has announced the launch of its new software version “Verify 365 Enterprise”.

The upgraded platform includes a range of new features and additions, including the most secure biometric NFC-based identity verification with liveness detection, global address verification, international KYB checks, ongoing global “Politically Exposed Persons” (PEPs) and sanctions monitoring, international open banking digital statement analysis for the source of funds checks, advanced and qualified e-signatures, digital payments, and legal forms.

These features are designed to streamline and enhance the digital client onboarding process for law firms, estate agents, financial institutions, and accountants.

According to Rudi Kesic, CEO of Verify 365, the new version of the platform is “truly transformational”. He said:

“Verify 365 Enterprise is the most comprehensive and secure digital identity verification platform on the market. With our proprietary and UK-built advanced biometric technology and risk engine ‘DynamicID’, and our latest blockchain-based digital ID wallet ‘MyID’, it is designed to provide lawyers, accountants, and estate agents with peace of mind and confidence in the digital world.”

Mev Dzihic, CTO 365, added:

“In today’s digital age, identity verification and anti-money laundering (AML) compliance is becoming increasingly important for all regulated businesses. With the proliferation of online fraud and identity theft, it is crucial to have a reliable and secure way to verify identity and protect solicitors and estate agents from financial fraud. Verify 365 aims to provide regulated business with this peace of mind, helping them to confidently and safely verify their clients in a matter of seconds.”

According to the company’s website, Verify 365 is designed to be user-friendly and convenient, allowing users to verify their identity easily and quickly from any device with an internet connection. The platform is also fully compliant with various legal and financial industry regulations and standards, ensuring that it meets the highest levels of security and privacy. The platform uses state-of-the-art security measures and advanced authentication technology to verify clients and ensure that user data is protected from identity theft and other online threats.

Azeem Rashid, CMO of Verify 365, said:

“Our new version is not only more secure and convenient, but it also saves time and resources for businesses whilst complying with regulators such as the Solicitors Regulation Authority, the Financial Conduct Authority and HM Land Registry in the UK. The advanced and qualified e-signatures, for example, allow users to easily and legally sign documents online, within the same workflow, saving the hassle of printing and physically signing paper documents. And the global open banking digital statement analysis helps real estate lawyers to quickly and accurately verify the source of funds for their clients, saving them time and money.”

SMQ Legal LLP, a law firm with offices in Oxford, Luton, Bedford, and Burton, is one of the first law firms to adopt the new version of Verify 365. Suezanne King, Managing Partner of SMQ Legal commented:

“Verify 365 Enterprise has been a game-changer for our firm. It has streamlined our digital client onboarding process and allowed us to quickly and securely verify the identity of our clients. We are confident that this new platform will help us to provide better service to our clients, stay SRA-compliant and protect our firm from money laundering fraud.”

Verify 365 Enterprise is set to be rolled out to all Verify 365 platform users in the coming weeks. It is expected to be welcomed by law firms, estate agents, and accountancy practices looking for a reliable and secure way to verify clients online and stay compliant with AML regulations.