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Instant Background Checks for Businesses
TrueBiz helps financial service providers reduce manual review during business onboarding. We add color to the company's background with 250+ data points on the company from around the web (such as industry and address), and summarize key risk indicators. The process takes seconds – not days, so financial service providers can efficiently meet risk requirements and onboard new businesses faster.
TrueBiz provides AI-powered merchant risk assessment tools to automate and monitor a merchant's online presence for underwriting and risk signals. It offers web presence review, ongoing merchant monitoring, and deep investigations to accelerate onboarding and reduce manual review for financial services providers.
TrueBiz synthesizes hundreds of contextual data points from across the web to create a dynamic snapshot of a business's legitimacy and risk profile tailored to user rules. It offers: 1) Web Presence Review that analyzes a merchant's internet footprint in seconds, 2) Merchant Monitoring that continually tracks risk signals and alerts to changes, and 3) Deep Investigation that uses advanced AI reasoning to deliver actionable insights for complex cases. The product is positioned to automate underwriting workflows for payments providers, speeding activation and reducing manual research.
Who it’s for: Financial services providers involved in merchant onboarding and underwriting (e.g., payments processors, banks, fintechs).
Shown collaborations/mentions with large financial services players and media coverage (TechCrunch), indicating market traction and investor interest.
TrueBiz helps fintechs onboard business accounts faster by automating the processing of documents & data for KYB
TrueBiz verifies business identity by processing company documents and performing data-source checks for KYB. It speeds onboarding by validating documents in seconds, reduces manual review by targeting only ~10% of cases, and enables fintechs to onboard business accounts faster.
From the original launch (Jun 2022) — may be outdated.
Agentic Intelligence Layer for Merchant Risk Decisions
Prevent Fraud and Onboard Users Faster
