Source of Funds Verification provides fast, secure insight into where clients' funds originate, consolidating transactions and supporting documents into one report. It is designed for regulated businesses that need clear, auditable evidence of funds without the back-and-forth of manual requests. The platform reduces risk by highlighting suspicious patterns and ensuring data integrity across channels.

How it works: the user chooses Source of Funds verification via portal or partner platform; clients receive an SMS to download the app; they complete a questionnaire, securely share statements via open banking, PDF, or image upload; and the resulting report highlights key data, correlations, and any gaps. Bank data can be linked across multiple accounts, and supporting documents can be uploaded directly in the app. The Giftor questionnaire enables automatic verification of monetary gifts, with red flags flagged for enhanced due diligence.

Users can book a demo to see how the Open Banking-based workflow expedites screening and reduces manual review, while the detailed report provides a complete, auditable trail for regulatory compliance.

Features & Benefits

• Open Banking & Secure Data Capture: Clients share statements securely via open banking, or upload PDFs/images, within a guided app journey.
• Automated Risk Highlighting: Red flags are automatically highlighted, showing where funds originate and where data doesn’t reconcile.
• Comprehensive Report & Evidence Management: Produces a thorough report with six months of balance trends, income insights, and supporting documents linked in-app.
• Gift Verification & Evidence Prompts: Gift funds are verified via the Giftor questionnaire, with automatic prompts to upload mortgage, inheritance, or savings evidence.