Frequently asked questions

Our aim is to aggregate best of breed data and make it available with maximum flexibility. We source our data from the best possible suppliers & market leaders - LexisNexis, Equifax, Experian, BT, Royal Mail, HM Treasury, OFAC, Creditsafe, GBG, LawyerChecker and GlobalX.

Our databases are also regularly updated in order to ensure we have access to the most in-depth and broadest data sources available.

All transmissions to and from our servers are encrypted using GlobalSign certificates. GlobalSign is the world’s leading organisation in the field of online security.

Yes, we do. We offer pay-as-you-go with an affordable one-off onboarding fee, followed by payment for the checks you carry out.

• No annual platform fee
• No platform renewal fee
• No monthly subscription fee
• An affordable one-off onboarding fee to get started

Then pay for the checks you carry out. Your onboarding fee and check prices are confirmed in your quote before you agree. Prefer to buy checks upfront? We waive the onboarding fee with an agreed prepaid package and can discuss flexible check pricing.

Power, flexibility and transparency.

We pride ourselves on the quality and range of our verification data sources. Our ability to draw from a multitude of data points has allowed us to formulate a comprehensive suite of people & company checks in order to satisfy your AML, KYC & regulatory compliance needs all in one place.

We are the only AML & Compliance platform that can do this whilst providing maximum flexibility. Our unique payment model allows us to deliver robust yet commercially flexible compliance to thousands of SMEs & large corporate organisations with ease.

Simply - we deliver top quality compliance that allows our users to align costs with usage to help control their risk management expenditure.

"This is very user friendly – brilliant! I wish I’d discovered this at the start of trading." Ross Findlater, Business Tax Solutions Ltd

"Very clear and simple. Used it, without reading the manual of course, just to give it a try. Excellent service." Richard Nevill, Nevill Stormont & Co

"I have just used Veriphy for the first time. It is excellent – so much easier than old non-digital methods." Donald Inglis, Inglis Chartered Accountants, York

"The system was extremely easy to set up and we were up and running with it very quickly… It made a refreshing change to be in that position so quickly." Jon Booth, Booth & Co

"Love it – very happy client as well as we can now speed up the process by 4 days for him." Mark Davis, XL Financial Services Ltd

Using Veriphy helps towards swift and easy compliance with the Money Laundering Regulations. Our checks are in full accordance with the stipulations of the Joint Money Laundering Steering Group (JMLSG), from which the FCA, ICAEW, CCAB, OFT and Law Society draw guidance.

There are several advantages to using electronic AML checks:
• They are quick, simple and client-friendly, and are provided at a disbursable cost.
• They allow you access to information that is either unavailable non-electronically or very time-consuming to research. This includes the full electoral register, financial, mortality and relocation data. It also crucially includes PEP and Sanctions data, which is increasingly important, and is only available on-line.

A Veriphy online Electronic Money Laundering Check typically takes less than 3 seconds.

We believe in transparent pricing with no hidden extras.

Our pricing reflects the quality of our data and our commitment to never restrict our users via an expensive subscription contract.

However, we do offer competitive volume reduction rates for our AML checks upon request. Please contact our sales team for a bespoke quote.

Yes, some of our clients prefer to integrate Veriphy checks into their own software. Veriphy offers secure web services that integrate with ease. The system presents the results in industry standard XML format.

Once again, there is no charge for doing this – we believe that you should only ever pay for the checks you do and nothing more.

Please do get in touch if you would like further details support@veriphy.com

Yes, as a user of our services you are required to be registered with the ICO because you will be processing and accessing personal information. Registering is extremely simple and can be done at the ICO Government Website.

Please include your data protection reference when registering with Veriphy. Legitimate DPR numbers always begin with a Z.