& Transformational Privacy Focus
counterpart identities without needing to see or store the data
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
David WoodVice President of Product
Shoshana Loeb, PhDAdvisor
A sample of some of our collaborating organizations.
3401 Market Street, Suite 200
Philadelphia, PA 19104