Outdated KYB workflows frustrate customers and drain your team. Middesk gives retail banks the tools to verify and monitor SMBs with confidence — so you can grow deposits, approve more applications, and stay compliant without slowing down.
With Middesk, retail banks can finally automate the KYB checks that slow down account openings and hurt conversions.
Launch seamless SMB onboarding with a single API or dashboard — no tradeoffs between risk and experience.
Gain confidence with normalized business data and direct-source validation — even for sole props and new entities.
Surface fraud risks early, from shell companies to address mismatches — without relying on shallow or recycled data.
Retail banks are racing to serve SMBs digitally, but manual KYB reviews lead to drop-off, delays, and lost deposits. This guide shows how top banks are using business entity verification (BEV) to automate onboarding, reduce risk, and improve conversion.
We knew we wanted to deliver best-in-class service to our customers during this difficult time. To do that, we needed to process these loans as fast as possible to get the funds to our customers who needed them most.
“Middesk’s API gave us the flexibility to integrate business verification directly into our Salesforce workflow — powering faster approvals without manual intervention. It’s what enabled us to offer a true end-to-end lending experience to our dealers.”
