Signicat Data Verification is an API-driven service that enables businesses to verify customer and organizational data against more than 30 national and commercial registries. It is designed to streamline identity proofing, compliance, and risk management processes by providing real-time access to a wide range of trusted data sources. The service supports both natural persons and organizations, allowing for checks such as address confirmation, business name validation, politically exposed person (PEP) status, credit risk rating, and identification of ultimate beneficial owners (UBOs). Integration is accomplished through a developer-friendly API, and the platform includes a dashboard for managing data sources and testing workflows. This reduces the complexity and cost of integrating multiple data providers separately and helps organizations meet Anti Money Laundering (AML) and Know Your Customer (KYC) requirements.

Key Features

Data Source Aggregation Connects to 30+ national and commercial registries for both individuals and organizations.

• Access to sources like Companies House, Experian, Equifax, Refinitiv, and more.
• Covers a broad range of identity, risk, and compliance data.

Developer-Friendly API RESTful API with OAuth 2.0 authentication for integration into business processes.

• Normalized data output regardless of data source.
• Includes quick start guides, test data, and sandbox environment for development.

Flexible Use Cases Supports multiple verification scenarios.

• Onboarding identity checks for B2B and B2C.
• Credit risk assessments, UBO identification, PEP/sanction screening, and signatory rights verification.

Dashboard Management Centralized control over data sources and configuration.

• Add, configure, and manage data sources via the Signicat Dashboard.
• Purchase and activate new data sources as needed.

Benefits

Streamlined Compliance Reduces complexity and cost of regulatory compliance.

• Single integration point for multiple data sources.
• Helps meet AML and KYC obligations efficiently.

Fraud Prevention Improves onboarding accuracy and fraud detection.

• Early identification of fraudulent or high-risk individuals and organizations.
• Real-time checks to accept legitimate customers and reject fraudsters.

Operational Efficiency Accelerates customer onboarding and verification workflows.

• Automated data retrieval and validation.
• Reduces manual checks and administrative overhead.