For banks, neobanks, payment institutions

Business account onboarding from days to minutes.

Manual KYB + AML + UBO checks take 2–4 hours per applicant. Veritor's onboarding stack collapses that to a single API call returning verified entity, beneficial owners, sanctions check, PEP screening, and audit-ready documentation. AMLD6-aligned, AMLA-ready.

01 / Use case fit

Banks and payment institutions onboarding SME / corporate accounts

Traditional banks (SME desk)
High-touch onboarding
Replace analyst-driven registry queries with API-driven verification. Analysts focus on edge cases, not data lookup.
Neobanks / digital-first
Self-serve onboarding
Auto-fill the application form from NIP/KRS/CH number. Real-time decisioning on green-path applicants. Manual review queue only for ambiguous cases.
Payment institutions
PSP merchant onboarding
Merchant KYB with same flow. Velocity-friendly: 99th-percentile latency under 3s. Webhook for re-verification on policy triggers.
E-money institutions
EMI under PSD2
EMI customer onboarding with EU VIES + registry cross-validation. Critical for cross-border SEPA business customers.
02 / FAQ

Banking-specific questions

Does Veritor handle the AML decisioning, or just provide data?

Veritor provides verified data and screening results. The decisioning logic — accept / reject / EDD — stays in your KYC/AML platform where your risk policy lives. Veritor integrates as a data layer behind your decisioning engine, not as a replacement for it.

What about KYC for individuals (account holders, signatories)?

Veritor focuses on the business side (KYB). For natural-person KYC — ID document verification, biometric matching, liveness — we integrate with complementary vendors (Onfido, Veriff, Trulioo, Persona). One typical stack: Veritor for KYB + a KYC vendor for natural persons, both feeding your AML decisioning platform.

Can Veritor run on-premise / in our VPC?

Yes, available on Enterprise tier. Veritor can deploy into your AWS / Azure / GCP VPC with private connectivity to your AML platform. Source registry queries still hit the public internet (registries are public services), but cached data and audit logs stay in your environment.

How fast is onboarding latency in practice?

Median verification: 1.4s. 99th percentile: 2.8s. Includes KRS/GLEIF/VIES queries + UBO chain + sanctions check. Latency budgets above 3s usually indicate a third-party registry under load — Veritor's EAM gateway routes around degraded sources and falls back to cached data with a stale-flag.

Integration call with our banking team

We've shipped pilots with neobanks and PSPs in Poland, Germany, and the UK. Hour-long call: requirements scoping, architecture sketch, sample integration code.

Book a call →