Markaaz Blog & News

Markaaz and ZoomInfo Partner to Redefine Global Business Growth and Risk Management with one unified, AI-enabled platform

Markaaz Partners with Socure to Power Global Business Verification

AI in Business: Solving the Dirty, Dull, and Difficult with Markaaz

Markaaz Quarterly Product Updates | Q3 2025

Discover why perpetual KYB is essential for compliance. Learn how Markaaz enables continuous business verification with real-time data and automation.

Perpetual KYB: Solving the challenge of continuous business verification

Learn how FDIC guidance supports the use of pre-populated data for customer onboarding. Discover how Markaaz helps streamline compliance and reduce friction with verified business data.

How FDIC guidance supports digital-first onboarding

Overcome business verification barriers with better data access. Learn how real-time data speeds up onboarding, reduces risk, and improves compliance.

Breaking barriers in business verification: The power of better data access

The future of business verification: The competitive advantage of data integrity 

Markaaz Quarterly Product Updates | Q2 2025

Solving the Business Data Challenge: Faster, Cleaner, Smarter

Sri Kaza joins Markaaz Global Advisory Board

Rethinking KYB: Why a global golden record is essential for verifying business clients

5 strategies for fighting generative AI fraud in business verification

What the new FinCEN BOI ruling means for business onboarding and risk management

247 Reasons Why We Simplify Sourcing Business Intelligence

David Proctor​ promoted to President of Product and Services at Markaaz

Amanda Boudreault​ appointed Deputy CEO of Markaaz & CEO of Markaaz Foundation

Trust Multiplied: How Verified Data Platforms Strengthen Business Lending

The hidden data crisis in business lending: How financial institutions can overcome it

Staying compliant across borders: A fintech’s guide to AML regulations

Markaaz Quarterly Product Updates | Q1 2025

Kunal Jhanji joins Markaaz Global Advisory Board

A payment company's guide to cross-border business verification in high-risk regions

Enhancing Business Search with AI: Markaaz and Snowflake's Cortex Search

Markaaz CEO on Redefining FinTech-Business Relationships

Richard Hytner joins Markaaz Global Advisory Board

Alison Hutchinson joins Markaaz Global Advisory Board

The cost of noncompliance: How fintechs can mitigate AML risks

Beyond credit scores: A data-driven approach to assessing business risk

The real challenges of cross-border business verification for payment companies

Steven Cooper joins Markaaz Global Advisory Board

Amy Cococcia joins Markaaz Global Advisory Board

Markaaz Quarterly Product Updates | Q4, 2024

AML compliance for fintechs is key to avoiding penalties and ensuring security. Learn best practices for effective AML and KYB strategies.

A guide to AML compliance for fintechs

We are thrilled to announce Trevor Messenger as the newest addition to Markaaz’s Advisory Board.

Trevor Messenger joins Markaaz Global Advisory Board

We are delighted to announce that Mike Zhang has joined Markaaz as one of our newest advisors.

Mike Zhang joins Markaaz Global Advisory Board

In today’s fast-evolving business landscape, data and analytics (D&A) have emerged as crucial assets for financial institutions. Leveraging these tools can drive substantial growth, mitigate risks, an

Data & Analytics in Business Banking: Strategies for Growth, Risk Reduction, and Customer Success

At Markaaz, we know that small businesses face a serious challenge when it comes to securing the financial support they need. For many small companies, the issue isn’t just a lack of credit but the la

Markaaz CEO Hany Fam on the 'Data Gap' for Small Businesses with Two-Sided Platform

As more payment companies expand into new markets, regulators worldwide are tightening their grip on those that fail to meet strict cross-border verification and anti-money laundering (AML) standards.

How to Build an Effective Cross-Border Verification Framework for Payment Companies

We are thrilled to announce that Karen Webster, one of the world’s foremost experts in payments innovation and the digital economy, has joined Markaaz as our newest advisor. Karen brings a wealth of e

Karen Webster joins Markaaz Global Advisory Board

We are excited to welcome Simon to Markaaz as our newest advisor.

Simon Collins joins Markaaz Global Advisory Board

At Markaaz, we recognize that the key to unlocking better access to lending for small businesses lies in creating a "golden record" of truth. In the world of financial services, especially for small b

Markaaz CEO on Unlocking Small Business Lending with Markaaz’s Golden Record

In the fast-growing fintech industry, compliance challenges—and the resulting penalties—are becoming a costly issue for many companies.

Why Fintechs Are Under Scrutiny: The Importance of AML Compliance

Cross-border business verification acts as a first line of defense against fraud, helping to prevent financial losses and reputational damage. Inadequate verification can also result in companies unkn

Preventing Fraud and Financial Crime Through Cross-Border Business

Learn more about our latest product development and innovation across business identity, verification and KYB, globally.

Markaaz Quarterly Product Updates | Q3, 2024

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

Competitive Advantage Through Business Verification Services: Your Guide to Revenue and Customer Growth

Effectiv, the leading fraud and risk decisioning platform, is proud to announce a partnership with Markaaz, the global business identity platform. With its unparalleled coverage of business data and i

Effectiv and Markaaz announce partnership to enhance global fraud prevention for Fortune 500 enterprises

Markaaz is proud to welcome Jorge Noguera as the newest member of our Global Advisory Board. With over 35 years in the payments industry, Jorge brings extensive experience that will be pivotal to Mark

Jorge Noguera joins Markaaz Global Advisory Board

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

The Business Verification Services Dilemma: How Data Gaps May Fuel Financial Crime

An early-stage fintech company offers comprehensive infrastructure for developing, launching, and expanding consumer and corporate credit card programs.

Why fintechs rely on Markaaz to verify data with high confidence

Many of the most successful companies in history have one thing in common: a deep awareness of market trends combined with a willingness to make strategic moves. Consider Amazon, a company that starte

The strategic value of firmographic data in customer acquisition

What is KYB? It’s a process companies implement to verify the legitimacy and identity of business clients. KYB verification requires an examination of a business's ownership, operations, and adherence

What is Know Your Business (KYB)?

With a global database of more than 480 million businesses and industry-leading matching algorithms, Markaaz makes it easy to verify businesses that other providers can’t. Our advanced solutions lead

The real cost of bad business verification: How incomplete data is costing you and what you can do

At Markaaz, our CEO Hany Fam emphasizes the importance of comprehensive and actionable insights in the age of "know your customer" and "know your business" initiatives. Without these insights, financi

Markaaz CEO on Transforming Business Identity Verification for Banks

From banks and financial institutions to Software-as-a-Service (SaaS) providers, B2B data is more than just a preferable asset; it’s a priority. Not only will data fuel Know Your Business (KYB) checks

Customize Business Onboarding with Firmographic Data

As the business world becomes more data-driven, the accuracy and completeness of B2B databases can significantly impact a company’s success. Poor data quality is a pervasive issue that impacts organiz

B2B data enrichment services: What you need to know

Learn more about our latest product development and innovation across business identity, verification and KYB, globally.

Markaaz Quarterly Product Updates | Q2, 2024

By offering screening against all global watchlists, sanctions lists, PEPs, and adverse media databases, Markaaz provides comprehensive business verification solutions that help companies maintain bot

Why you need an AML monitoring solution in your KYB

The costs of onboarding fraudulent businesses are crystal clear. In 2022 alone, banks and financial institutions were fined nearly $5 billion for anti-money laundering (AML) infractions, with noncompl

Calculating business verification ROI: A step-by-step guide

Markaaz has launched a pioneering global business identity platform to help banks, FinTechs, and enterprises verify and onboard businesses of all sizes, especially smaller ones. After four years and i

Markaaz Unveils Global Business Identity Platform

With financial crimes becoming increasingly sophisticated, ongoing AML monitoring is no longer a luxury—it’s a necessity. By continuously scrutinizing transactions and customer behaviors, institutions

What is ongoing AML monitoring and why you need it

According to a recent Fintech Times report, more than half of banks don’t perform Know Your Business (KYB) checks. These checks are increasingly important, but they can be complicated and time-cons...

Creating a best-practice KYB verification process: A detailed guide to getting started

For many business owners, keeping up with anti-money laundering regulations is more than a legal necessity—it’s a critical part of operations. In addition to avoiding significant fines, proper AML com

A guide to AML compliance: What every business needs to know

Markaaz, the global business identity platform for banks, fintechs, acquirers and payfacs, dedicated to helping more businesses access vital services, is excited to introduce the addition of industry

Gilberto Caldart joins Markaaz Global Advisory Board

Markaaz, a global provider of Know Your Business (KYB) services, is pleased to announce its partnership with Byzfunder, a leading provider of working capital to small to medium-sized businesses (SMBs)

Markaaz and Byzfunder Join Forces to Empower SMBs with Access to Fast and Secure Financing Solutions

AUSTIN, TX, March 25th, 2024 – Markaaz, a global tech company dedicated to empowering businesses worldwide through innovative data solutions, proudly announces it has obtained both ISO 27001 and ISO 2

Markaaz attains ISO 27001 and ISO 27701 certifications, demonstrating superior data security and privacy standards

Markaaz delivers superior business verification, data enrichment, and monitoring solutions powered by the smartest global data available.

Markaaz’s advanced global data solutions now available on Temenos Exchange

Data gaps and business verification challenges create significant opportunities for criminals to engage in illicit activities, exposing organizations to compliance and security risks. Markaaz helps cl

How advanced business verification prevents financial crimes

Anti-money laundering (AML) regulations have put many organizations in a tough spot. By the end of 2022, global money laundering fines had seen an increase of 50%.

Staying ahead of the curve: Ensuring compliance with the latest AML regulations

For financial institutions, insurance providers, and retailers serving all sized of businesses , the accuracy and depth of data used in the Know Your Business (KYB) process can greatly influence every

Business data in Know Your Business (KYB): Challenges and opportunities

Markaaz and LendFoundry, an award-winning SaaS platform offering digital lending tools, are excited to announce a strategic data partnership. This relationship will enhance LendFoundry’s small busines

Markaaz and LendFoundry announce data partnership to enhance small business lending

Markaaz, a global technology company dedicated to helping small businesses access vital services, is excited to introduce the addition of three highly accomplished industry leaders to its Advisory Boa

Markaaz Expands Advisory Board with Three Accomplished Leaders

Austin, TX – January 22, 2024 – Markaaz is pleased to announce a new collaboration with Centerfield, a leader in customer acquisition marketing. Markaaz, a global technology company, will bring its su

Centerfield Enhances Lead Validation Capabilities through Partnership with Markaaz

Small and midsize businesses (SMBs) play a significant role in our economy. Currently, there are more than 330 million SMBs worldwide. In the United States alone, SMBs total 33 million, and over 5 mil

Enhancing business verification with precise SMB data

In today's digital environment, robust business verification solutions have never been more critical. Whatever the size of your company, ensuring the legitimacy of your business interactions is paramo

Top five tips for implementing business verification solutions

Traditional Know Your Business (KYB) data providers often face significant challenges when dealing with small business data. These small businesses often have diverse structures, limited public profil

Why traditional KYB data providers struggle with SMB data—and why it's impacting your bottom line

 Alain Cauwenberghs, Markaaz’s Chief Growth Officer, discusses lenders’ risk management challenges and the KYB solutions that can combat fraud and protect customers.

Navigating risk management in lending: Trends, challenges, and solutions

Markaaz helped a leading global payment provider to verify and enrich merchant data that other data providers were unable to verify. This improvement unlocked deeper customer insights, better personal

How data enrichment improved customer insights for this payment provider

Small businesses count on affordable funding to start, grow, and stay afloat when they face financial difficulties or economic downturns. This support acts as a lifeline, ensuring business owners can

The role of KYB compliance in SMB fraud prevention

Markaaz expands its Advisory Board with three recognized industry leaders: Jodi Caro, Todd Hartman, and Michael Marcus.

Distinguished Industry Experts Join the Markaaz Advisory Board

Here is a quick overview of what we’ve been up to and the new capabilities we’ve created to help our partners verify and improve the timeliness, quality, and reach of their small business services.

What's new at Markaaz

A top-tier global insurance company serving businesses of all sizes faced verification challenges. At the same time, it wanted to enrich its client data. Markaaz used its robust directory and propriet

Boosting data enrichment for a global insurance leader

Effective SME verification is only as good as the underlying data that is available, its completeness and accuracy, and accessibility. 

Understanding business verification data for SMEs in Europe

Navigating the complexities of Know Your Business (KYB) regulatory requirements is no small feat, especially for enterprise compliance officers onboarding SMBs. While the overarching aim of KYB is to

Solving the SMB data problem: Why verifying SMBs is an ongoing KYB challenge

In today's global landscape, financial institutions operate on a vast scale. They serve customers from diverse backgrounds and deal with international transactions daily. While this unlocks tremendous

6 sanctions screening best practices for your financial institution

The partnership between this Fortune 500 bank and Markaaz led to clear, significant improvements in business verification rates. Not only can Markaaz help lenders create an efficient approval process,

How Markaaz's unique approach to verification helped a Fortune 500 bank increase its approval rates

Markaaz, a fintech scale-up that specializes in superior small and medium-sized business data, joined global leaders in the 78th United Nations General Assembly’s SDG Summit at the UN Headquarters in

How better small business data contributes to the UN’s 2030 Agenda

The results of this data test are clear: Markaaz's verification solution can provide significant benefits to companies that struggle to efficiently onboard customers. Our business verification solutio

How a leading alternative lending provider improved business verification rates by 84%

Explore our business verification services and collaborate with our team to test a sample of your customer portfolio. See how we confidently verify more businesses, especially hard-to-validate small b

KYC and KYB: Bridging the business data gap for better verification

Markaaz joins the Small Business Digital Alliance to bring transformative business growth solutions to small businesses

Business verification is a crucial step in an enterprise’s onboarding process, but it can also be challenging. Inaccurate results can lead to approving bad actors or rejecting legitimate business cust

Why business verification APIs are essential for your onboarding

Gaps in your business verification process may be turning away legitimate clients. We explore the potential reasons – and how to overcome these challenges with accurate, real-time data.

Five reasons why your business verification process is falling short

The Markaaz Dashboard is a powerful tool that can help small businesses to succeed. By onboarding your small business clients to the Markaaz Dashboard, enterprises can help these businesses to improve

Help your small business clients grow and thrive

Markaaz has launched its Person-to-Business (P2B) API, which enables enterprises to detect and validate customer applications by matching an SMB officer’s name to the business. This launch complements

Markaaz Launches Automated API that Validates Business Officers

Why is business health an essential onboarding indicator? We outline the details.

The importance of business health data

Business health data is an essential indicator on the onboarding process, learn what to look for in business health data to inform your team's onboarding processes.

What are red flags and good scores in business health data?

Business health is an essential indicator in the B2B customer onboarding process. So, what is it and how does it help your enterprise?

Business health, an essential onboarding indicator

Accurate firmographic data improves your onboarding processes by allowing your teams to verify businesses, increasing approval rates

How important is firmographic data accuracy?

Small businesses miss out on services because of bad data, so they cannot grow, and large enterprises are unable to onboard new customers. Let us look at how Markaaz addresses this with David Clarke

The bad data problem (and how Markaaz addresses it)

Verifying the small businesses you want to onboard is now quick and easy with the Markaaz verification and decisioning API suites. We talk to Brett Adams, Head of Product at Markaaz

How can I verify a small business in real-time?