Understanding Identity Verification: Why It Matters in Digital Onboarding

In today’s fast-moving digital economy, robust identity verification processes are no longer optional—they’re essential. Fraudsters and bad actors constantly exploit weak screening to open fake accounts, launder money, or default on loans. That’s why I chose Compliancely to safeguard my onboarding pipeline. With global real-time checks against IRS databases, watchlists, and sanctions lists, you can eliminate manual bottlenecks and offer a seamless user experience. Get 15% OFF Compliancely Today and start onboarding risk-free customers in under 3 seconds.

What Is Compliancely?

Compliancely is a comprehensive identity verification and business verification platform built to deliver lightning-fast, accurate results. Leveraging direct connections to the IRS for TIN matching, global watchlists such as OFAC and FATCA, and continuous risk monitoring, Compliancely empowers organizations to balance compliance with user experience. Whether you’re a fintech lender, a vendor management team, or a global enterprise, this tool ensures you make informed decisions without slowing down your onboarding.

How Compliancely Streamlines Identity Verification

Implementing a reliable identity verification solution can feel overwhelming. Compliancely simplifies the process through:

• Real-time TIN Match against IRS databases in under 3 seconds.
• Global Coverage to verify businesses and individuals across 44+ countries.
• Sanctions & Watchlist Screening with near-zero latency.
• Loan Underwriting Automation that fetches tax transcripts within 2 hours.
• Plug-and-play APIs and widgets for seamless integration.

These capabilities dramatically reduce manual effort, lower compliance risk, and accelerate time-to-revenue.

Key Features of Compliancely

Real-Time TIN Match & Identity Verification

Compliancely’s direct source integration with IRS ensures reliable, quick, and accurate tax identification number matching. Key sub-points:

• Under 3-second response time for TIN validation.
• Matches both business and personal TINs reliably.
• Reduces human error and prevents fraudulent registrations.

Sanctions & Watchlist Screening

Block bad actors before they enter your platform. Compliancely screens against:

• OFAC and FATCA lists.
• Global sanctions databases.
• Real-time updates with near-zero latency to keep you compliant.

Loan Underwriting Automation

Speed up loan approvals with direct IRS Tax Transcript retrieval in as little as 2 hours:

• Automated income and tax history checks.
• Ensures regulatory compliance and reduces manual paperwork.
• Improves borrower experience with fully digital processes.

Continuous Risk Monitoring

Maintain a watchful eye on existing customers and vendors:

• Ongoing alerts for sanction list updates.
• Detect changes in risk profiles instantly.
• Stay ahead of compliance lapses and fines.

APIs and Widgets for Seamless Integration

Compliancely’s developer-friendly approach ensures you can embed identity checks directly into your workflows:

• Comprehensive REST APIs with clear documentation.
• Plug-and-play widgets for front-end forms.
• Minimal coding required for rapid deployment.

Benefits of Using Compliancely for Identity Verification

By integrating Compliancely, you’ll unlock key advantages:

• Speed: Onboard customers in seconds, not days.
• Accuracy: Direct source data ensures near-perfect verification.
• Compliance: Automated screening against IRS, OFAC, FATCA, and more.
• Scalability: Handle thousands of requests per minute with 99.9999% uptime.
• User Experience: Frictionless checks keep drop-offs to a minimum.
• Global Reach: Verify identities across 44+ countries.

Compliancely Pricing Options

Flexible plans to meet businesses of all sizes. All annual subscriptions come with a 15% discount.

Essential 25

Monthly: \$19.95 for 25 TIN matches
Additional: Next 25 at \$20, then every 25 at \$24
Annual: \$203.49 (15% off)
Ideal for startups testing identity verification.

Essential 50

Monthly: \$38.49 for 50 TIN matches
Additional: Next 50 at \$38.5, then every 50 at \$46
Annual: \$390.49 (15% off)
Perfect for growing teams with moderate verification needs.

Essential 75

Monthly: \$53.95 for 75 TIN matches
Additional: Next 75 at \$54, then every 75 at \$66
Annual: \$549.49 (15% off)
Best for businesses with higher volume requirements.

Plus 100

Monthly: \$67.95 for 100 TIN matches
Additional: Next 100 at \$68, then every 100 at \$84
Suited for mid-sized enterprises.

Plus 250

Monthly: \$159.95 for 250 TIN matches
Additional: Next 250 at \$160, then every 250 at \$192.50
Ideal for large organizations with heavy verification demands.

Enterprise Plan

Custom pricing and volume-based discounts. Reach out to discuss your requirements.

Who Should Use Compliancely?

Compliancely serves a variety of industries and use cases:

Fintech Lenders and Banks

Deliver fast, compliant loan approvals to reduce abandonment rates and default risk.

Marketplaces and Platforms

Ensure vendor credibility, prevent fraud, and speed up partner onboarding.

Enterprises with Global Operations

Meet regulatory requirements across multiple jurisdictions and protect your brand reputation.

SMBs Seeking Compliance

Access enterprise-grade security without the enterprise-grade price tag.

Best Practices for Secure Onboarding

Implementing a robust identity verification workflow goes beyond technology. Consider these tips:

• Multi-Factor Verification: Combine document checks with database matching for higher assurance.
• Continuous Monitoring: Don’t stop at onboarding—track watchlist updates and risk changes.
• User Education: Provide clear instructions and feedback to reduce form abandonment.
• Regular Audits: Review logs and analytics to fine-tune your rules and thresholds.

Integrating Compliancely into this framework gives you the technological backbone to execute these best practices seamlessly. Get 15% OFF Compliancely Today and transform your onboarding.

Conclusion

Strong identity verification is the cornerstone of secure, efficient customer onboarding. Compliancely’s real-time, direct-source checks, global coverage, and developer-friendly integrations mean you can onboard customers in seconds while staying fully compliant. Ready to eliminate fraud, reduce risk, and accelerate growth? Get 15% OFF Compliancely Today