Do I need sanctions screening if I am a small fintech?

Yes. In most jurisdictions, sanctions screening is not optional based on size. US fintechs must comply with OFAC regulations. EU fintechs must comply with EU sanctions and AML directives. Crypto-Asset Service Providers (CASPs) under MiCA have no minimum threshold for AML screening.

How long does integration take?

Most fintechs complete their first integration in under 30 minutes. The API uses standard REST with JSON responses. We provide curl examples, request/response schemas, and a public OpenAPI spec.

Can I start with the free tier and upgrade later?

Yes. The free tier includes 50 screens per month and is designed for development and evaluation. Upgrade to a paid plan when your screening volume grows. No contract renegotiation required.

Does Verifex support crypto and DeFi platforms?

Yes. Verifex is used by crypto exchanges and wallet providers to screen wallet holders and counterparties. MiCA and the EU Travel Rule require CASPs to screen every transfer with no minimum threshold.

Fintech Compliance

Sanctions screening built for fintech speed.

Integrate sanctions and PEP screening into fintech onboarding in under 5 minutes. Self-serve API keys, transparent pricing, and a free tier for startups.

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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 — established fuzzy-matching techniques — 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.

bash

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.

Get started

Start screening in 5 minutes.

Free tier: 50 screens/month. No credit card. No sales calls. Built for fintechs that ship fast.

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