Efficient AML & Source of Funds Verifications for Legal Firms
Legal practices often struggle with managing Anti-Money Laundering (AML) checks and Source of Funds verifications due to inefficiencies and complex compliance requirements. These challenges often lead to delays, errors, and risk of non-compliance, which can impact a firm’s reputation. Without a robust solution, legal firms face significant difficulties in maintaining efficiency and accuracy in these critical processes.
Biometric ID Verifications
Our proprietary technology, DynamicID, ensures you complete biometric ID verifications that align with the SRA’s regulations and achieve HM Land Registry’s Safe Harbour status.
Global Address Verifications
Confirm an individual’s address instantly using documentation from over 40 countries, ensuring accurate address verification for legal professionals.
Enhanced Compliance
FCA-Regulated Open Banking Source of Funds Checks and Source of Wealth checks combined with AI-powered analytics make accessing bank account data simple and secure.
Global Accessibility
Our Open Banking software can connect with over 4,000 banks, allowing you to analyse data from around the globe, which is essential for accurate AML checks.
Tailored for Legal Practice
Our software is designed by legal experts for the legal sector and tailored to the workflows of legal practice, enhancing your firm’s efficiency.
User-Friendly App
The uniquely simple and secure app allows your clients to complete checks swiftly and easily, with minimal need for support, streamlining the address verification process for conveyancers and other legal professionals.
Secure and simple, compliance made easy
Get in touch and learn more about the path to easy compliance and due diligence with fast and accurate AML solutions and source of funds checks.
- Quick and easy client onboarding
- Multiple pricing options
- UK-Based customer support
- No upfront implementation costs
- Safe Harbour digital ID compliant
- Trusted by law firms globally
Contact us today
Why Choose Verify 365
Our award-winning technology supports the entire client onboarding process, helping you save time and money whilst mitigating risk. With our comprehensive range of onboarding features, you can exceed client expectations and service.
Biometric ID & Address Verifications
Source of Funds Verifications
PEPs, Sanctions & Adverse Media
KYB Checks
eForms
ePayments
eSignatures
Property Searches
Trusted by Leading Law Firms
Don't take our word for it, see what our customers say
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Verify 365 set up a complete client onboarding experience for our clients from their platform. This made the AML process for our firm quicker and less time-consuming allowing the fee earners to get on with more important tasks. It's a game changer for our law firm and our onboarding time has literally been reduced to minutes. It's also fantastic for our clients who can verify ID remotely.
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Verifying the client's identity and source of funds used to take weeks due to the client needing to collect, print, and send their information in. A quicker way to verify the client had to be implemented. We wanted a system that utilised face biometrics and NFC technology, and a system that enabled our international clients to be properly identified. Verify 365 goes above and beyond any other system.
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Using Verify 365 for our client onboarding process has been phenomenal, we are now onboarding clients in minutes. We now confidently take on clients from anywhere in the world! It takes seconds to send clients a link from the Verify 365 portal and then we wait for the AML report to be generated, whereas previously there was always an element of risk and uncertainty.
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The integration has enhanced other departments and helped towards practicing compliantly. We are much happier and are properly protected, knowing our checks are compliant. I wouldn’t hesitate in recommending Verify 365
