The reality of identity verification in compliance

Let’s be honest. Identity verification is still a mess in most compliance workflows.

Teams jump between KYB platforms, IDV providers, and KYC vendors just to answer a straightforward question:‍

Can we trust this customer?

The result? A patchwork of:

• Screenshots
• PDFs
• Handwritten notes
• Even WhatsApp messages
  

And most of it barely holds up in an audit.

Manual steps slow you down and add risk

That patchwork of tools and disconnected steps does more than slow things down. It adds friction, risk, and customer frustration.

• 68% of customers drop off during a confusing onboarding process
• Operational overhead increases
• Growth slows
• Teams spend more time verifying identities than assessing risk
  

But it doesn’t have to be that complicated.

Embed identity verification into KYB

When identity verification is built directly into the KYB process, instead of bolted on as an afterthought:

• Teams move faster
• Processes stay compliant
• Risk is reduced across the board

No more re-entering info. No more switching between systems. Just a workflow that works.

The real benefit isn’t just speed. It’s confidence.‍

And that’s exactly what we built into our IDV offering.

Strise IDV: built for seamless compliance

With that objective in mind, Strise offers a unique identity verification function to make compliance seamless.

• Built in partnership with Signicat, Europe’s leader in digital identity and fraud prevention
• Fully integrated with Strise, from onboarding to continuous monitoring
• Connected and compliant across the AML lifecycle

Verifying beneficial ownership is often a legal requirement.

But handling it outside your compliance flow causes delays and errors.

Combining IDV and KYB keeps onboarding consistent, compliant, and scalable.

No more copy-paste workflows

Strise solves one of the most frustrating parts of compliance: Copy-pasting between disconnected systems.‍

Maybe you’re:

• Collecting data in one tool
• Verifying in another
• Maintaining a third as your source of truth
• Or verifying the same person multiple times across related companies
  

With Strise’s graph-based model, once someone is verified, they stay verified.

• No duplication
• No repetition
• No wasted effort
  

Whether your setup is basic, fragmented, or still evolving, Strise helps you:

• Move faster
• Reduce risk
• Scale smarter, without the chaos

Behind the build

Henrik Nårstad, Senior Software Engineer at Strise

Strise’s Identity Verification system connects with Signicat’s Mint platform to verify individuals linked to companies in Strise. The state machine architecture ensures verifications follow a strict, auditable process.

What happens when a verification is requested:

• Creates a new workflow through Signicat
• Generates a secure URL that expires after a set time
• Tracks status through PendingDocument, PendingReview, Approved, or Declined

Technical highlights:

• Only authorized users can access verifications
• Background status updates prevent workflow delays
• Fully integrated with Strise’s company and person data
• Workflow URLs expire automatically for security
• Clear separation between API layer, service layer, and storage layer for easier maintenance and faster feature delivery