GlobalBizVerify API

Introducing GlobalBizVerify API: The Ultimate Solution for Worldwide Business Verification

The Challenge

Global business transactions are rapidly increasing, making it crucial for companies to verify the legitimacy of businesses across different countries. However, the process is often complex, involving multiple languages, varying regulatory standards, and disparate data sources. This lack of a unified system for global business verification can lead to increased risks, including fraud, compliance failures, and operational inefficiencies.

The Solution

GlobalBizVerify API offers a comprehensive solution to these challenges by aggregating data from business registries worldwide. It provides access to verified business information, streamlining the process of global business verification and ensuring both accuracy and efficiency.

Key Features

• Global Coverage: Gain access to business registries in over 30 countries (new countries are added regularly or on request), ensuring comprehensive verification capabilities no matter where your partners or clients are located.
• Always Up-To-Day Data: Receive instant verification with the most current information available, allowing for timely decision-making.
• The Key Information: Obtain the most critical information about a business: “Is the business registered in the national registry of it’s country of incorporation?”
• User-Friendly Integration: Easily integrate the API with your existing systems via a simple API interface, complete with detailed documentation and developer support.
• High Reliability: Benefit from a robust infrastructure that ensures minimal downtime, high-speed performance, and secure data handling.

Benefits for Your Business

• Risk Mitigation: Reduce the risk of engaging with fraudulent or non-compliant entities by ensuring business legitimacy.
• Compliance: Easily meet regulatory requirements such as Anti-Money Laundering (AML) and Know Your Customer/Business (KYC/KYB) standards with reliable, verified data.
• Efficiency: Save valuable time and resources by automating the verification process, allowing your team to focus on core business activities.
• Trust: Build trust with partners and customers by leveraging verified data, enhancing your reputation and credibility.
• Global Reach: Confidently expand your business operations across borders with the assurance that all business entities are thoroughly vetted.

Use Cases

• Financial Institutions: Verify the legitimacy of global businesses to comply with AML and KYC/KYB regulations, ensuring secure financial transactions.
• E-commerce Platforms: Authenticate sellers from around the world, protecting buyers and maintaining a trustworthy marketplace.
• Supply Chain Management: Validate suppliers and partners worldwide to ensure reliable and compliant supply chain operations.
• Legal Firms: Conduct thorough due diligence and client verification, reducing legal risks and ensuring compliance.
• International Trade: Authenticate global trade partners to mitigate risks and facilitate smooth international business transactions.

How It Works

• Registration Number Structure: To minimize operational costs the API allows to first check if a business registration number has a valid structure for the target country business registry. This often includes the validation of complex checksum digits contained in the vast majority of business registration numbers.
• Response: The API returns a simple VALID/NOT VALID response. This first step allows you to filter out business registration numbers that are invalid and for which a search in the business registry is useless.
• API Request: Once the business registration structure is validated send a request with the Country and the “Registration Number / Name” pair of the company you need to verify.
• Request ID: The main endpoint returns a “Request ID” that will allow you to get the response once our Automation Robots have done their work.
• Data Aggregation: The GlobalBizVerify API queries the national business registry of the selected country to check if the business is indeed registered in the registry and it’s status is known as “active”.
• Verification: The API matches the provided name with the name know in the national business registry. Depending on the local regulations and legislation of the target country all legal names of the entity will be considered. If the registration number is not unique in the target country, all companies with the provided registration number will be matched.
• Response: The API returns a simple MATCH/NO MATCH response making it straightforward to determine if the checked company is actively registered in it’s national registry.

Easy Integration

• Simple API interface: Our API is designed for easy integration with any system, allowing you to seamlessly incorporate it into your existing workflows.
• Comprehensive Documentation: Detailed API documentation and developer support ensure a smooth implementation process.
• Secure & Scalable: Available on AWS it is secure by design, and offers a scalable architecture to handle high volumes of requests, ensuring reliable performance and data security.

Customer Success Stories

• John D., Fintech: “GlobalBizVerify API has revolutionized our KYB process, making it faster and more reliable. We now have complete confidence in the businesses we engage with.”
• Sarah M., E-commerce: “With GlobalBizVerify, we confidently onboard international sellers, ensuring a safe marketplace for our buyers. It has significantly reduced our risk of fraud.”

Get Started Today

Ready to simplify and secure your global business verification process? Visit our website to sign up for a free trial and explore the benefits of GlobalBizVerify API. Contact our sales team for a personalized demo and more detailed information.

Call to Action: [AWS Marketplace link]