Socure and Markaaz are eliminating the friction from global small and medium business (SMB) onboarding by unifying business and identity verification into a single, automated workflow that scales across all global markets. The strategic partnership addresses a critical gap in enterprise compliance: the need to pair accuracy in Ultimate Beneficial Owners (UBO) identity verification with deep business analytics — a combination essential for SMBs with thin-file histories and less traceable ownership records.

SMBs are inherently difficult to verify given thin-file UBOs, fragmented histories, and inconsistent data across geographies. As enterprises expand globally, they need a single onboarding program that works across borders and regulatory jurisdictions, without requiring disparate regional solutions which are inconsistent in accuracy.

Through Socure’s RiskOS™ orchestration platform, customers can unify Know Your Business (KYB) and UBO verification in a single workflow, enriching SMBs — including those linked to thin-file UBOs — with Markaaz’s firmographic, compliance, and business health intelligence. RiskOS orchestrates top business identity data partners together with Socure’s Know Your Customer (KYC), watchlist sanctions, phone verification, and fraud solutions via a single API. The result: faster decisions, higher conversion rates, and audit-ready compliance.

“By bringing Markaaz’s global business intelligence into RiskOS, we’re giving enterprises the ability to instantly connect business and identity verification in one trusted workflow,” said Johnny Ayers, Founder and CEO of Socure. “It’s a fundamental shift; turning SMB onboarding from a fragmented, manual process into a single, automated decision framework that scales across markets.”

Key customer benefits of the partnership include:

• Unify KYB + UBO checks in a single RiskOS workflow, reducing friction and manual reviews while preserving complete audit trails.
• Enrich thin-file SMBs with Markaaz modules (Advanced Match, Firmographics, Compliance, Business Health, Company Hierarchy, and P2B/People Matching) to improve match rates and enable automated policy decisions.
• Configurable verification by region and audit need, combining authoritative registry checks with SMB enrichment for optimal coverage and context.
• Automate 80%+ verification decisions, dramatically reducing manual review workload and accelerating time-to-decision.

Socure and Markaaz were both named among the top 20 leaders shaping the future of KYB in Liminal’s 2025 Business and Entity Verification Report, which also recognized Socure’s RiskOS platform for its automation, product integration, and scalability capabilities.

“Socure and Markaaz's partnership demonstrates the market shift we're seeing toward unified, cross-border verification,” said Will Charnley, Chief Operating Officer of Liminal. “By combining Markaaz's comprehensive SMB intelligence with Socure's RiskOS platform, they’re solving one of the most persistent challenges in global KYB — delivering accuracy at scale without regional fragmentation.”

By integrating Markaaz as a partner for global SMB data within RiskOS, Socure reinforces its commitment to providing customers with a unified, configurable orchestration layer for business verification and compliance workflows. Markaaz’s SMB enrichment modules, recognized as the most complete and accurate of its kind, complement Socure’s AI-native identity verification and fraud prevention capabilities. Together, the companies will enable enterprises and financial institutions to onboard businesses worldwide with greater speed, trust, and efficiency.

“This partnership marks a major inflection point for Markaaz,” said Hany Fam, Founder and CEO of Markaaz. “By empowering Socure’s RiskOS with our superior business identity intelligence, we’re connecting trusted businesses across the globe through one of the most respected platforms in the industry. This collaboration not only amplifies our reach through Socure’s enterprise and government distribution, but it also accelerates our mission to make business verification faster, smarter, and more secure worldwide.”

Enable in RiskOS today

Enterprises onboarded to the RiskOS platform can easily add Markaaz enrichment to their Business Onboarding workflow, conduct UBO checks, and apply global watchlist screening — then review everything in a single audit-ready case view.

About Socure

Socure is the leading platform for digital identity verification, compliance and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust and mitigate risk. Leveraging AI and machine learning, Socure’s industry-leading platform achieves the highest accuracy, automation, and capture rates in the industry.

Serving more than 3,000 customers and 190+ countries across financial services, government, gaming, healthcare, telecom, and e-commerce, Socure’s customer base includes 18 of the top 20 banks, four of the Mag 7, the largest HR payroll and workforce providers, the largest sportsbook and prediction market operators, 58 organizations across the public sector, and more than 600 fintechs.

Leading organizations trust Socure to deliver certainty in identity across onboarding, authentication, payments, account changes, and regulatory compliance. Learn more at www.socure.com.

About Markaaz

Markaaz is the leading global business identity platform, helping banks, fintechs, and enterprises instantly verify and onboard businesses worldwide. Its platform integrates data from more than 65,000 sources and continuously updates over 542 million business records across 200+ countries and jurisdictions, including unregistered and emerging SMBs that are difficult for other providers to validate.

Delivered through a real-time API, batch processing, or a no-code interface, Markaaz provides up to 240+ enriched attributes—such as firmographics, financial health, and compliance indicators—to streamline onboarding, improve match rates, and reduce fraud. With configurable thresholds, field-level match grading, and advanced data orchestration, Markaaz enables organizations to accelerate growth, stay compliant, and make confident decisions with the most accurate business data available. Learn more at www.markaaz.com.

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