Middesk

We’re excited to announce our partnership with AiPrise Inc.! AiPrise combines identity verification, fraud protection and compliance in one single global platform. AiPrise customers can access Middesk’s best-in-class U.S. KYB data alongside leading providers for other geographies. Together, we’ll help more global fintechs onboard more good businesses.  To learn more, reach out to our partnerships team at partnerships@middesk.com.

We’re excited to announce a significantly more powerful Industry Classification product with enhanced coverage, accuracy, MCC codes, and more! Read more in our blog here 👇 https://lnkd.in/getRxAnE

🎉 What an incredible experience at our first #ABARCC (American Bankers Association Risk and Compliance Conference)! 🎉 We're thrilled we met over 300 new Compliance and Risk professionals at our Middesk booth in Seattle, WA. The demand for our "Compliance Nerd" t-shirts was so high, we had to make a waiting list! One of the highlights was our amazing party with our partner, Hummingbird, at the iconic Starbucks Seattle Reserve Roastery. We enjoyed quality time, coffee cocktails, and great company. A big thank you to everyone who made this event unforgettable. We look forward to continuing to make waves in the risk and compliance space with all our new friends. #Compliance #RiskManagement #Networking #Middesk #banking Shout out to the awesome team that helped it happen! Jackie Wylie Danielle DeLeon Dora Matheidesz Ying Ying Lim

🎉 What an incredible experience at our first #ABARCC (American Bankers Association Risk and Compliance Conference)! 🎉 We're thrilled we met over 300 new Compliance and Risk professionals at our Middesk booth in Seattle, WA. The demand for our "Compliance Nerd" t-shirts was so high, we had to make a waiting list! One of the highlights was our amazing party with our partner, Hummingbird, at the iconic Starbucks Seattle Reserve Roastery. We enjoyed quality time, coffee cocktails, and great company. A big thank you to everyone who made this event unforgettable. We look forward to continuing to make waves in the risk and compliance space with all our new friends. #Compliance #RiskManagement #Networking #Middesk #banking Shout out to the awesome team that helped it happen! Jackie Wylie Danielle DeLeon Dora Matheidesz Ying Ying Lim

Middesk is at #ABARCC! We were thrilled that attendees loved our nerd tees! Are you a compliance nerd, risk nerd, or data nerd? 😀 Shout out to the ladies that are making it happen! Danielle DeLeon, Jackie Wylie, Dora Matheidesz, Ying Ying Lim (and me, the person behind the post, Kate Young, PhD 👋🏻)

🔍Any B2B finance company has to do it in their onboarding - the EIN Search. There's a few key methods to doing your business verification. For a full "how to" follow the link in the comments: 1) Use a database service like Middesk, which simplifies the process to a single query. Pros: It's easy and data is checked, normalized, and cleaned before getting to you. It's also linked to other data sources for a comprehensive business profile. Cons: We don't see any 😉 2) Manually search state and federal registries for EIN. Look up the EIN in their search tools. Pros: Straight to the source for business registries Cons: 50+ websites to look at, inconsistent data thoroughness, no cross linking with other sources of information (bankruptcies, watch lists etc). 3) Search SEC Filings from the EDGAR system Pros: Meets standards for finding EIN Cons: Only works if it's a public company 4) Contact a Credit Bureau Pros: Any individual can request a business credit report. Cons: Costs money on a per-report basis, and many credit reports do not contain EIN, so it's unreliable.

🔍 Unlocking the Mystery of UCC Lien Searches: Understanding UCC (Uniform Commercial Code) liens is essential for businesses to mitigate risks and ensure smooth transactions. 📋 What are UCC Liens? UCC liens are legal claims against a debtor's assets to secure a debt. These liens can impact a business's ability to obtain financing and can lead to complications during mergers or acquisitions. 💼 Why Conduct UCC Lien Searches? Conducting UCC lien searches allows businesses to assess potential risks associated with a transaction. It helps identify existing liens on collateral, providing insight into the financial health and stability of a business partner. 🛡️ Mitigating Risks: By performing UCC lien searches, businesses can proactively address any outstanding liens, negotiate terms, and protect their interests before entering into agreements or transactions. 🤝 Ensuring Smooth Transactions: UCC lien searches facilitate smoother transactions by reducing the likelihood of unexpected surprises or complications down the line. They provide peace of mind and foster trust between parties involved. 🔑 Key Takeaway: Prioritizing UCC lien searches is a strategic move for businesses looking to safeguard their interests after onboarding. For a complete overview of how to conduct a UCC lien search, see the first comment.

🏦BEV - What is it? It's an emerging term that came from KYC/KYB encompassing a broader use case. It stands for Business and Entity Verification. Liminal and William Charnley, MBA expand on the concept. To see the full webinar, see the first link in comments.

📢 Attention all regional, community, and credit union banks! Join us for an insightful webinar for American Banker on the transformative potential of automated digital onboarding. 🌟 Discover how to enhance customer experience, reduce abandonment rates, and boost operational efficiency. Our expert panel, featuring Middesk's CEO & Co-founder Kyle Mack and Craig Pawling, VP of Product Management at Apiture, will share practical strategies and success stories to help you navigate the challenges of digital transformation. Don't miss this opportunity to ask questions live and take your onboarding process to the next level. 🗓️ Date: June 18th, 2024 🕒 Time: 2:00 PM ET / 11:00 AM PT Register here: http://bit.ly/3yXI7vK #DigitalOnboarding #BankingInnovation #CommunityBanks #CreditUnions #Webinar

New Business Creation is speeding up, creating problems for Banks and Financial Institutions. It's significantly harder to validate, verify, and onboard businesses that are SMBs. Liminal and Will Charnley address these problems. For more information, see the webinar link in the comments