Banking Verification That Meets Regulatory Reality

deepidv's verification workflow is specifically designed to satisfy Section 326 CIP requirements. We collect and verify the four core CIP elements: name, date of birth, address, and identification number (SSN/TIN). Our verification connects to authoritative databases to confirm identity authenticity. We validate addresses through deepaddy™, verify documents against issuing authority databases, and maintain complete documentation and audit trails. Our system generates CIP compliance reports that satisfy regulatory examinations and demonstrate your bank met all verification requirements at account opening.

Yes. Synthetic identity fraud—where criminals create new identities by combining real and fake information—is the fastest-growing financial crime. deepidv combats synthetic identities through multi-dimensional verification: we validate SSNs against Social Security Administration records, cross-check identity elements across credit bureaus, analyze credit file characteristics for synthetic patterns (like thin files with no history, or files that suddenly appear with perfect credit), verify document authenticity forensically, and confirm biometric liveness. Synthetic identities cannot maintain consistency across all these verification dimensions, allowing us to flag them before accounts open.

deepidv screens all customers against OFAC's Specially Designated Nationals (SDN) list, the Consolidated Sanctions List, and other sanctions databases at account opening. Screening isn't just one-time—we continuously monitor customers and alert you within minutes if a customer appears on a newly updated sanctions list. Our screening includes fuzzy matching to catch name variations, screening of beneficial owners for business accounts, and screening of wire transfer recipients. All screening is documented with timestamps and match scores to satisfy auditor and examiner requirements.

Absolutely. When customers meet high-risk criteria (large deposits, international transactions, politically exposed persons), deepidv provides enhanced verification including: source of funds and source of wealth verification, beneficial ownership identification and verification (for entities), enhanced PEP screening including family members and close associates, adverse media monitoring for negative news, and ongoing transaction monitoring. Our EDD workflows are configurable based on your risk appetite and ensure you satisfy FinCEN's customer due diligence requirements.

Yes. deepidv provides REST APIs and webhooks that integrate with all major core banking platforms including FIS, Jack Henry, Temenos, Fiserv, and Finastra. We can push verification results directly into your core system, trigger verification workflows from account opening processes, and maintain synchronized customer records. Our integration team works with your IT staff to implement seamless connections between deepidv verification and your existing banking infrastructure.

Unlike legacy verification vendors who force multi-year contracts with six-figure minimums, deepidv offers transparent, usage-based pricing. Pay per verification with volume discounts at scale. Whether you're a community bank with one branch or a regional institution with 500 locations, our pricing adapts to your size and growth. No contracts. No minimums. Just transparent costs that scale with your verification volume.