Verif‑y’s compliance services include KYC (Know Your Customer), KYB (Know Your Business), ACI (Accredited Investor) and more; allowing businesses to trust unknown customers in a prompt, efficient, auditable and secure manner.
Verif-y modernizes the relationship between employers and job applicants. For the first time, both parties have a platform where they can communicate pertinent, pre-validated information directly.
Verif-y aggregates a user’s information to create their own set of unique identifiers. These identifiers are then shared with user approval to facilitate faster processing, access management and much more.
Our founder, while working in the cut-throat world of investment banking, witnessed first-hand (more than a few times) the gap in the accuracy of credential verification and the repercussions that occurred as a result of these inaccuracies. This sparked a sequence of ideas on how to address this issue and thus, Verif-y was created.
Verif-y began full operations at the end of 2016 with a small team of devoted individuals. Over the past two and a half years, we’ve been improving technologies, gaining new team members, adding to our list of services, and saddened every time we have to say goodbye to an intern. Despite this ongoing change and growth, our main goals haven’t changed - to give people back the control over their own identity, while creating a more efficient process of identity verification, privacy and compliance for all parties involved.
As we progress through our lives we constantly encounter situations where we need to provide information about our professional and personal histories. At Verif-y, we realized that this narrative is universal to everyone who is looking for a job, applying for finances, investing and much more.
We also recognized that most of the information that is used to evaluate our financial, employment, or credential authenticity is not within our control. Verif‑y was created to change that! Our users own their information and have the power to decide who can see and access it, as well as remove access when they desire.
The Verif-y Platform
Verif-y’s platform focuses on integrating key features of identity verification together while building trust and maintaining security.
Verif‐y's compliance services allow businesses to seamlessly, swiftly and cost-effectively onboard new users and customers, allowing for new, trusting relationships to be established with the users in a compliant, auditable, and secure manner.
Verif-y’s platform provides clients with a highly secure environment due to its use of blockchain, multiple levels of encryption, and controlled access to rights of sensitive Personally Identifiable Information (“PII”).
Individuals have the ability to authenticate their credential information and to control the distribution of their highly sensitive personal and professional data.
License holders are able to immediately and accurately validate their license standing to third parties such as employers, healthcare and regulatory organizations.
Government entities required to adhere with compliance regulations can ease burdens placed on their HR departments by having a comprehensive, easy-to-use compliance platform.
Employers utilize accurate results to reduce the costs and risks of verifying candidate's employment records, track license and certificate records, all while alleviating the need to maintain past employment records.
Universities and other certificate granting organizations who are overloaded by diploma, transcript and enrollment verifications requests no longer need to expend precious human and financial resources.
Members are able to verify their membership when attending events, interacting with other members, or when requested by relevant third parties.
We allow various compliance- focused requirements to be executed without the need to contact multiple vendors. (For example, one solution for both KYC and AML.)
User data on the platform is generated and validated using our proprietary technology to ensure the highest levels of accuracy and comprehensive access.
Individuals are the only ones that can release their information to third parties requesting or requiring the data.
Verif-y’s suite of proprietary algorithms provide efficient, automated record verification with a distinct focus on saving your company time.
Lower on-boarding costs, reduced overhead, improved compliance and reduced need for physical and digital storage.
Users can keep using their credentials for other purposes as well as add credentials and information to their secure digital wallet.
Hours Of Security Support
Co-Founder | STAKEBASE LIMITED
Verif-y has provided a frictionless user on boarding experience for the Stakebase exchange. After our recent launch, we valued using a compliance provider that offered such an intuitive process. Given our stage of operation, it was critical that the onboarding process was comprehensive and simple for new users from around the world. We look forward to continuing to work with the professional team at Verif-y.
Co-Founder | Cash Network
Verif-y has played in an important role in improving our affiliate program enrollment process. After efficiently and confidently screening applicants with Verif-y, Cash Network has felt an immediate impact from their KYC solution and has seen significant cost savings. I am comfortable relying upon Verif-y to help my team prevent fraud and screen out bad actors as we continue to grow. Our team will work with Verif-y in the coming months to onboard organizations as part of a new campaign.
Verif-y has played an important role in improving investor on boarding. TFTC Capital has leveraged the Verif-y solution to cut both compliance screening costs and time consuming processes. We have screened both individuals and corporations to answer our complex compliance screening requirements. We will work with Verif-y in the coming months to onboard new investors as we continue to grow and explore new ventures.
Digital Assets & Fundraising
I have personally trusted Verif-y for multiple projects that required identity and compliance screenings. Verif-y is a major contributor to our network’s ecosystem and a valued partner. They enable us to both address KYC/AML regulatory compliance and data privacy requirements in an efficient and straightforward manner.
Ed ZabarChief Executive Officer & Founder
Colleen ConnorsChief Operating Officer
Chad PeiperChief Architect
Tammy FudemGeneral Counsel
Catherine GriffinBusiness Development and Strategy
Job JohnProject Manager/ Cybersecurity
Zachary WetzlerBusiness Development Associate
Paige PowellSysOps Analyst
Gagandeep Singh JagdevSoftware Engineer
Kriti SharmaQA Lead
Harinder KaurSenior Software Developer
Vinay PatilSenior Software Developer
Pankaj KumarLead Developer
Shoshana Loeb, PhDAdvisor
A sample of some of our collaborating organizations.
What does Verif‑y do?
Verif-y addresses the need to provide identity, compliance, and credentialing solutions to individuals and organizations around the world. At its core, these solutions are designed to give users control over who can see their information such as identity documents, education verifications, professional certificates, and more. Besides being able to control who can see their verified credentials, users can also determine what sections of their repository will be made available and for how long access will be granted. By doing so, individuals have better control over their digital identities and organizations can better serve their users all while improving their internal operations.
How does Verif‑y work?
Verif‑y’s platform receives uploads of verified credentials from the awarding institutions and places them in the appropriate user’s repository. Users control who can see their verified credentials and determine what sections of their repository will be made available. There is even the option to terminate access to a party that they have shared information to and request such party to remove any information they have collected.
What makes Verif‑y different from other credential verification companies?
We provide individuals with a competitive advantage in the job market as they can provide their independently verified credentials and employment history directly and instantly; Verif‑y provides users with instant access and control over who can see their information and when. Verif‑y also benefits employers by providing timely, accurate results, enabling employers to reduce the costs and risks in verifying employment records, and track employee licenses and certifications. As a result, this alleviated the need to maintain past employment records for numerous years.
Does Verif-y keep copies of verified files?
Files are stored on our secure servers and are encrypted. Only authorized parties (document providers and users) are able to access these files. No third parties are able to access the files without the user’s approval.
What can I do if the credential provider I received my credentials from is not listed?
Users are requested to enter as much information as possible to the system in order for us to contact the organization that issues the credential, confirm its existence and validity and assist them in authenticating the user’s request. Our goal in these instances is to respond back to the user with the results of our work as soon as possible.
How much does it cost for users to use the Verif-y system?
These fees vary.
3401 Market Street, Suite 200
Philadelphia, PA 19104