At Fully-Verified, we offer customer identity verification services tailored to your business’s needs. We want to offer your business only what’s the best – solutions that replace traditional, manual methods which are costly and time-consuming. That’s why we’ve added Sanctions, Watchlist and PEP checks to our list of services.
Fully-Verified Sanctions and Watchlists checks allow you to determine who is and who is not appropriate to do business with. It includes lists issued by governments and financial authorities. We currently check over 350 databases around the world.
Fully-Verified coverage includes:
– Individuals and organisations sanctioned by the United States and other governments.
– Legal enforcement data about individuals and firms who have been or are wanted by national and international law enforcement bodies in connection with criminal activity.
For an additional fee, Fully-Verified adds automated Sanctions, Watchlist and PEP screening as a part of your customer’s identity verification process. We integrate those checks with our identification processes to offer a full onboarding solution.
Sanctions, Watchlist and PEP checks can be included as a part of your customer onboarding processes or performed at any point of your ongoing business relationship.
A politically exposed person (PEP) is an individual who is or has been entrusted with a prominent function by a governmental body. Many PEPs hold positions that can be abused to launder illicit funds and make them more liable to corruption or bribery.
Businesses need to be aware which of their potential customers with is a PEP and as such may involve higher risk.
Fully-Verified was created as answer to its founders collectively losing over $150 000 to various types of fraud in their eCommerce businesses.