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Whether you're looking to onboard businesses for payment processing, issue lines of credit, or simply open a new commercial account, we can help you do it all with a toolkit designed for modern companies.
When creating a Business through Middesk with a TIN, we will verify that the TIN is valid and that it matches the name passed to Middesk. If the TIN is unable to be verified or does not match the name provided, we will perform a series of lookups to identify alternate names that may be associated with that TIN.
The True Industry product takes as input the website of a business and generates a set of labels and prediction values that a customer can use to identify entities operating in high-risk industries.
Understanding the details of the ownership structure and executive team of a company is important in helping to maintain compliance with Know Your Customer and Ultimate Beneficial Owner requirements, and understand the potential risk or fraud signals about each entity.