Enterprise Blog

A payment company's guide to cross-border business verification in high-risk regions

Enhancing Business Search with AI: Markaaz and Snowflake's Cortex Search

Markaaz CEO on Redefining FinTech-Business Relationships

The cost of noncompliance: How fintechs can mitigate AML risks

Beyond credit scores: A data-driven approach to assessing business risk

The real challenges of cross-border business verification for payment companies

A guide to AML compliance for fintechs

AML compliance for fintechs is key to avoiding penalties and ensuring security. Learn best practices for effective AML and KYB strategies.

Data & Analytics in Business Banking: Strategies for Growth, Risk Reduction, and Customer Success

In today’s fast-evolving business landscape, data and analytics (D&A) have emerged as crucial assets for financial institutions. Leveraging these tools can drive substantial growth, mitigate risks, an

Markaaz CEO Hany Fam on the 'Data Gap' for Small Businesses with Two-Sided Platform

At Markaaz, we know that small businesses face a serious challenge when it comes to securing the financial support they need. For many small companies, the issue isn’t just a lack of credit but the la

How to Build an Effective Cross-Border Verification Framework for Payment Companies

As more payment companies expand into new markets, regulators worldwide are tightening their grip on those that fail to meet strict cross-border verification and anti-money laundering (AML) standards.

Markaaz CEO on Unlocking Small Business Lending with Markaaz’s Golden Record

At Markaaz, we recognize that the key to unlocking better access to lending for small businesses lies in creating a "golden record" of truth. In the world of financial services, especially for small b

Why Fintechs Are Under Scrutiny: The Importance of AML Compliance

In the fast-growing fintech industry, compliance challenges—and the resulting penalties—are becoming a costly issue for many companies.

Preventing Fraud and Financial Crime Through Cross-Border Business

Cross-border business verification acts as a first line of defense against fraud, helping to prevent financial losses and reputational damage. Inadequate verification can also result in companies unkn

Competitive Advantage Through Business Verification Services: Your Guide to Revenue and Customer Growth

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

The Business Verification Services Dilemma: How Data Gaps May Fuel Financial Crime

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

Why fintechs rely on Markaaz to verify data with high confidence

An early-stage fintech company offers comprehensive infrastructure for developing, launching, and expanding consumer and corporate credit card programs.

The strategic value of firmographic data in customer acquisition

Many of the most successful companies in history have one thing in common: a deep awareness of market trends combined with a willingness to make strategic moves. Consider Amazon, a company that starte

What is Know Your Business (KYB)?

What is KYB? It’s a process companies implement to verify the legitimacy and identity of business clients. KYB verification requires an examination of a business's ownership, operations, and adherence

The real cost of bad business verification: How incomplete data is costing you and what you can do

With a global database of more than 480 million businesses and industry-leading matching algorithms, Markaaz makes it easy to verify businesses that other providers can’t. Our advanced solutions lead

Markaaz CEO on Transforming Business Identity Verification for Banks

At Markaaz, our CEO Hany Fam emphasizes the importance of comprehensive and actionable insights in the age of "know your customer" and "know your business" initiatives. Without these insights, financi

Customize Business Onboarding with Firmographic Data

From banks and financial institutions to Software-as-a-Service (SaaS) providers, B2B data is more than just a preferable asset; it’s a priority. Not only will data fuel Know Your Business (KYB) checks

B2B data enrichment services: What you need to know

As the business world becomes more data-driven, the accuracy and completeness of B2B databases can significantly impact a company’s success. Poor data quality is a pervasive issue that impacts organiz

Why you need an AML monitoring solution in your KYB

By offering screening against all global watchlists, sanctions lists, PEPs, and adverse media databases, Markaaz provides comprehensive business verification solutions that help companies maintain bot

Calculating business verification ROI: A step-by-step guide

The costs of onboarding fraudulent businesses are crystal clear. In 2022 alone, banks and financial institutions were fined nearly $5 billion for anti-money laundering (AML) infractions, with noncompl

Markaaz Unveils Global Business Identity Platform

Markaaz has launched a pioneering global business identity platform to help banks, FinTechs, and enterprises verify and onboard businesses of all sizes, especially smaller ones. After four years and i

What is ongoing AML monitoring and why you need it

With financial crimes becoming increasingly sophisticated, ongoing AML monitoring is no longer a luxury—it’s a necessity. By continuously scrutinizing transactions and customer behaviors, institutions

Creating a best-practice KYB verification process: A detailed guide to getting started

According to a recent Fintech Times report, more than half of banks don’t perform Know Your Business (KYB) checks. These checks are increasingly important, but they can be complicated and time-cons...

A guide to AML compliance: What every business needs to know

For many business owners, keeping up with anti-money laundering regulations is more than a legal necessity—it’s a critical part of operations. In addition to avoiding significant fines, proper AML com

How advanced business verification prevents financial crimes

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

Staying ahead of the curve: Ensuring compliance with the latest AML regulations

Anti-money laundering (AML) regulations have put many organizations in a tough spot. By the end of 2022, global money laundering fines had seen an increase of 50%.