Effortless onboarding for everything
Verify your customer’s account details and ownership in seconds using their bank app.
Instant verification
From 3 days to 3 clicks
Send your conversion rate into the stratosphere by enabling your users to confirm account ownership using a simple fingerprint or faceID. Automate checks through a single API call so your compliance team can focus on the more important things.
90% of good actors verified in 3 clicks- Accelerate KYC and AML checks
Bank authentication
Slash your fraud risk
Guarantee source and destination of funds. Verification introduces Strong Customer Authentication checks from the bank into your verification flow to combat identity theft.
- Verify payment setup
- Eliminate chargebacks
Automated verification logic
The complete solution
Powered by machine learning, we’ve built a name-matching engine on top of open banking rails. This allows you to instantly and accurately verify users, without having to process streams of raw bank data yourself.
- Automate verification checks
- Instant match logic
Make onboarding intuitive
Bank statements uploads and micro-deposits are prone to errors and take forever. Combining open banking with machine learning, Verification delivers a faster onboarding experience, with 90%+ good actors successfully verified in three clicks.
Use Cases
Verify payments
Use verified account information to guarantee source and destination of funds. Prevent payments from failing due to user error.
Onboard new users
Use real-time data sourced from your user's bank to instantly confirm or challenge account ownership.
Onboard new sellers
Verify that funds and payouts are going into the right account to protect both sellers and shoppers.
Your platform for growth
Boost conversion
Remove lengthy forms and manual paperwork, applicants can verify identity and account information in a few clicks.
Combat fraud
Authenticate accounts and payments directly with the bank, slashing fraud and chargebacks and saving you 0.5% - 1% of revenues.
Reduce costs
Say goodbye to expensive data collection. We use open banking infrastructure to offer the most competitive rates.
Bank grade security
Our APIs are Open Banking and PSD2 compliant across Europe ensuring secure access to the financial system.
Completely customisable
Own your customer journey end-to-end. Easily configure authentication flows to match your brand.
Increase speed to market
Focus on building great products, not maintaining your infrastructure. Our systems are built for scale and operate with 99.9% uptime.
Explore TrueLayer for your industry
Crypto
Elevate the entire trading experience with instant deposits and withdrawals.
Ecommerce
Build a seamless checkout experience, stamp out fraud, and eliminate chargebacks.
Financial services
Get money to market faster, enhance security, and reduce costs.
iGaming
Stay compliant while delivering a frictionless player experience.
