Accounts open faster. Compliance holds up.
AI agents that verify, screen, and investigate — so business accounts open in seconds, compliance documentation writes itself, and your team handles exceptions, not every application.
Trusted by banks and financial institutions to verify, onboard, and monitor millions of business banking customers.
Business customers expect accounts to open in minutes. KYB requirements, beneficial ownership rules, and fraud checks create friction that kills conversion and leaves gaps that surface in audits. Most banks are either moving too slow to compete or too fast to stay compliant. Middesk removes the tradeoff.
The cost of manual KYB
Of business account applications end up in manual review
Hours lost to manual verification while customers open accounts elsewhere
Of compliance exam findings tied to KYB and CDD gaps
The infrastructure behind every compliant account opening
Entity existence, EIN validation, beneficial ownership, and good standing, verified in seconds against IRS and Secretary of State records. Low-risk applications approved automatically. Complex ones routed to review with context already assembled.
OFAC, PEP, adverse media, and BSA/AML checks run automatically at account opening and continuously thereafter. Audit-ready documentation generated at every decision point, before examiners ask for it.
When checks are inconclusive, agents don't wait in a queue. They pull additional sources, resolve discrepancies, synthesize fraud signals, and deliver decision-ready summaries. Your compliance team reviews conclusions, not raw data. Complex cases arrive pre-investigated with a full evidence chain.
Core banking features
Business identity verification
Verify entity existence, formation date, registration status, EIN validation, and address verification.
Beneficial ownership
Determine control person identification, officer and director mapping, and ownership structure verification.
Compliance screenings
Watchlist screening, PEP identification, adverse media, and industry classification.
Pre-fill
Populate forms with legal business names, tax IDs, ownership and entity details.
Continuous monitoring
Entity name, address, and ownership changes, dissolution, and sanctions on an on-going basis.
Documentary evidence
Articles of Incorporation and other corporate filings sourced directly from state agencies.
If we were still using our old system, we wouldn't have met our board targets. We would've missed key partnerships and left revenue on the table
Rho was processing 300–400 applications a month across five analysts. Board targets required more. But adding headcount wasn't the answer. Rebuilding the verification infrastructure was. With Middesk integrated into their onboarding flow, address validation went from 70% to nearly 100% accuracy, manual proof-of-activation reviews disappeared entirely, and the team scaled to 2,000+ applications a month without proportional hiring.
Derek Scharfenberg
Head of Onboarding
5x
Increase in onboarding capacity
43%
Improvement in accuracy of address validation
2,000+
Applications processed per month, up from 300
Connect Middesk to the partners your team already uses
KYB, fraud, and monitoring in a single API call
Skip the compliance patchwork. Middesk's API delivers verified business identity, automated KYB decisioning, and continuous risk monitoring — all from a single integration that fits inside your existing banking stack. Open accounts faster. Stay audit-ready automatically.
