iDenfy, a pioneering identity verification and fraud prevention software provider, announced the launch of its Criminal Background Check feature, allowing businesses to automatically screen different government databases, extract information about an individual, and help find out if they have links to crime.
This helps streamline access to official government databases from all U.S. states and improve risk assessment practices, especially for U.S.-based entities and their clients that need to be thoroughly reviewed before onboarding or throughout the whole business relationship.
iDenfy’s criminal background
In 2024, consumers reported losing more than $12.5 billion to financial crimes, which reflects an approximately 25 percent increase over the previous year. iDenfy’s criminal background check function is especially valuable to onboard corporate clients, vendors, and partners, as it allows for screening a company’s directors, shareholders, and key personnel against global criminal and sanction databases.
This capability helps organisations determine whether a potential client or partner poses a compliance risk before engaging in high-value transactions or business relationships.
Advanced AI-powered data matching
The latest Criminal Background Check feature goes beyond standard screening results. It automatically scans and looks through official government databases to find any criminal records. It shows details like the type of offence, how serious it was, the court case information, sentencing date, and release date.
In this way, by providing a comprehensive and audit-ready overview, iDenfy can help compliance teams to make informed decisions quickly and effectively.
The tool also incorporates advanced AI-powered data matching to ensure that even incomplete or inconsistent criminal records are accurately flagged, to minimise the risk of missing critical information. All data can be compiled in a single PDF report with a full breakdown of the individual who is being screened.
Personal and corporate identity data
The report includes verified personal and corporate identity data, offence classifications, case statuses, arrest records, warrants, court documents, inmate information, sex offender registries, and adverse media coverage.
According to Domantas Ciulde, the CEO of iDenfy, the new feature saves time and the hassle for compliance officers because it enables centralised access to all U.S. federal and state criminal databases:
“By connecting all systems and searches into our RegTech platform, we eliminate the need for manual queries across multiple sources and provide analysts with comprehensive records in real-time,” explained Domantas Ciulde.
New Criminal Background Check
The report includes verified personal and corporate identity data, offence classifications, case statuses, arrest records, warrants, court documents, inmate information, sex offender registries, and adverse media coverage.
This functionality supports all regulated industries, such as banking and fintech, helping large-scale entities in managing high customer volumes, detecting potential risks earlier, and reducing exposure to fraud.
The new Criminal Background Check helps organisations detect red flags much faster, not to mention the ability to maintain audit-ready documentation instantly, check whether the individual has had any criminal offences, including details like court cases, offence class, and release dates, and gain full confidence knowing if the users could meet stringent compliance obligations across multiple jurisdictions.
Real-time data access
For effective Anti-Money Laundering (AML) screening and for those that want to automate various compliance tasks, iDenfy also offers real-time data access from the main global law enforcement watchlists and international sanction databases, including Europol, FBI, NCA, Interpol, World Bank, SECO, and many more worldwide.
This enables organisations to identify individuals or entities potentially linked to illegal or unethical activities and provide an added layer of protection against financial, reputational, and regulatory risks.
Domantas Ciulde, CEO of iDenfy, added: “With regulators worldwide tightening AML requirements, businesses need tools that could provide both accuracy and scalability. Our Criminal Background Check feature helps clients not only meet compliance demands but also protect their reputation and long-term customer relationships.”