The fintech compliance gap
Compliance infrastructure is usually the bottleneck.
Regulators expect screening from day one
Whether you are a neobank, crypto exchange, or lending platform, regulators expect sanctions and PEP screening before customer onboarding goes live. Waiting until Series B to build compliance infrastructure is a regulatory risk.
Enterprise vendors are built for enterprises
Traditional screening vendors require 6-month procurement cycles, $75K+ annual contracts, and dedicated implementation teams. Fintechs need infrastructure that ships as fast as their product.
False positives kill conversion
Basic exact-match screening generates false positives on common names. Every false alarm requires manual review, slowing onboarding and increasing operational cost.
Why Verifex for fintechs
Built for fintech speed and scale.
Self-serve in 5 minutes
Sign up, create an API key, and make your first screening call without a sales call or implementation project. Developer docs and curl examples are public.
Fuzzy matching without enterprise overhead
Jaro-Winkler, phonetic blocking, and IDF weighting — the same algorithms used by Tier 1 screening systems — available through a simple REST API.
Transparent pricing
Free tier: 50 screens/month. Starter: $49/mo for 2,500 screens. Growth: $99/mo for 10,000 screens. No hidden fees, no minimum commitments, no procurement friction.
Integration
Your first screen in 3 lines.
curl -X POST https://api.verifex.dev/v1/screen \
-H "Authorization: Bearer vfx_your_api_key" \
-H "Content-Type: application/json" \
-d '{
"name": "Customer Name",
"type": "person",
"country": "US",
"mode": "broad"
}'Regulatory context
Compliance requirements that affect fintechs.
MiCA (EU Crypto)
Markets in Crypto-Assets regulation. CASPs are now obliged entities with full AML screening requirements. No minimum threshold.
US Bank Secrecy Act (BSA)
Requires financial institutions to screen customers against OFAC sanctions lists and report suspicious activity.
EU AML Regulation (AMLR)
Single EU rulebook for AML. Directly applicable from July 2027. Expands obliged entities to include CASPs and other crypto services.
FATF Recommendations
International standards for AML/CFT. Recommendations 10-22 define customer due diligence and screening requirements.
Related products
Explore the full platform
AML Screening
Full AML compliance for fintechs and payment processors.
Sanctions Screening
Global sanctions screening with structured confidence.
Transaction Screening
Real-time payment screening with sub-200ms latency.
API Documentation
Developer docs, quickstart, and OpenAPI reference.