AML Screening API
AML compliance shouldn't cost $75K/year
Verifex applies the same fuzzy matching algorithms used by Tier 1 screening systems — Jaro-Winkler, phonetic blocking, IDF weighting — without the enterprise overhead. One API call screens against OFAC, PEPs, and major global sanctions sources. Start free.
Use cases
Built for Every AML Use Case
Fintech Onboarding
Screen new customers at signup. Verifex returns risk tiers (clear/review/block) so you can automate low-risk approvals and flag high-risk for manual review.
Payment Processing
Screen beneficiaries before processing payments. Sub-200ms response means no user-facing delay. Webhook notifications alert you to list changes.
Crypto / VASP Compliance
MiCA and the EU Travel Rule require CASPs to screen every transfer with no minimum threshold. Verifex is built for high-throughput screening without enterprise procurement friction.
Lending & Credit
Screen borrowers and guarantors against sanctions and PEP lists before disbursement. Plan-based audit trail; export to your archive for OFAC's extended record-keeping requirements.
Regulatory coverage
Regulatory Coverage
Verifex's screening engine is designed to support the screening requirements of major AML regulatory frameworks including FinCEN, EBA, and FATF.
EBA GL/2024/14
EU guidelines requiring advanced fuzzy matching in sanctions screening. Effective December 2025.
EU AML Regulation (AMLR)
Single EU rulebook for AML. Directly applicable from July 2027. Expands obliged entities to include CASPs.
FATF Recommendations
International standards for AML/CFT. Recommendations 10-22 define customer due diligence and screening requirements.
US Bank Secrecy Act (BSA)
Requires financial institutions to screen customers against OFAC sanctions lists and report suspicious activity.
MiCA (EU Crypto)
Markets in Crypto-Assets regulation. CASPs are now obliged entities with full AML screening requirements. No minimum threshold.
UK MLR 2017
UK Money Laundering Regulations require sanctions screening, PEP checks, and ongoing monitoring for regulated firms.
Differentiation
What Makes Verifex Different
Developer-First
API key in 60 seconds. Working code in 5 minutes. No sales calls, no 6-week implementations, no enterprise contracts.
Published benchmark
122-case published benchmark: 96.6% F1, 100% recall, 93.4% precision. Multi-algorithm matching handles transliterations, spelling variants, and aliases through exact, fuzzy, phonetic, and contextual scoring.
Reviewable
Every screening returns structured JSON with match evidence, confidence scores, list versions, and timestamps. Plan-based audit trail (up to 365 days on Enterprise).
Related products
Explore the full platform
FAQ
Frequently Asked Questions
What is AML screening?
AML screening checks customers and counterparties against sanctions, PEP, and watchlist sources to detect money laundering risk. It is a regulatory requirement for most financial institutions and fintechs under frameworks like the US BSA, EU AMLR, and FATF Recommendations.
How does Verifex reduce false positives in AML screening?
Verifex uses a 4-stage matching pipeline: exact match, Jaro-Winkler fuzzy matching, phonetic blocking, and contextual LLM scoring. Common-name guardrails and generic-company evidence gates reduce noise while maintaining recall.
Can I use Verifex as my sole AML screening solution?
Verifex can serve as the screening API inside your AML workflow. It should be configured and reviewed as part of your own risk-based program, internal policies, and legal obligations. Verifex provides evidence and decision support, not legal advice.
Does Verifex support transaction monitoring?
Verifex provides real-time screening and continuous monitoring via webhooks. For full transaction monitoring with behavioral analytics, you may need to combine Verifex with a dedicated transaction monitoring platform.