Photo Courtesy: PearCheck
PearCheck, a fast-growing tech startup founded in Africa, today announced the launch of its innovative, AI-powered identity verification solution designed to streamline Know Your Customer (KYC) and Know Your Business (KYB) processes for businesses and governments worldwide. This advanced tool is aimed at addressing global challenges related to fraud, regulatory compliance, and operational efficiency, especially in emerging markets where traditional verification systems often face limitations.
With digital transformation accelerating across industries, the need for fast, secure, and scalable identity verification has become increasingly important. PearCheck’s AI-powered engine provides real-time, accurate results that enable organizations, from financial institutions to government agencies, to onboard customers, verify suppliers, and meet compliance requirements more efficiently than traditional methods.
Transforming Identity Verification with Speed and Precision
The standout feature of PearCheck’s AI-powered solution is its ability to provide real-time, nearly seamless verification at scale. Traditional KYC and KYB checks often take hours or days, costing businesses valuable time and resources. PearCheck addresses this by providing prompt verification results, which could help reduce fraud, streamline operations, and possibly lower costs.
“This is not just about speed,” said Victor Falana, CEO and Co-Founder of PearCheck. “It’s about building a strong and scalable infrastructure that aims to enhance trust in digital transactions. Especially in emerging markets where manual processes still dominate, our AI solution is helping to enable faster, more secure compliance that could support growth for businesses and governments alike.”
Solving Emerging Market Challenges
PearCheck’s solution is especially useful for emerging markets, where mobile money adoption is soaring, yet traditional banking systems and verification methods are struggling to keep up. In countries such as Nigeria, Kenya, and Ghana, PearCheck’s platform is working to bridge the gap by integrating directly with local identity authorities and credit bureaus to provide businesses and regulators with timely access to critical data.
For businesses operating in these regions, this innovation holds the potential to be transformative. It could open doors to financial inclusion, enable faster loan processing, and facilitate smoother public procurement practices. PearCheck is also helping governments address inefficiencies, such as ghost workers in payroll systems, by providing near real-time verification.
A New Standard for Compliance and Security
Designed to scale, PearCheck’s platform integrates efficiently into large infrastructure systems. It offers broad coverage, connecting with government registries, credit bureaus, watchlists, and proprietary databases to ensure reliable verification across multiple regions and languages. PearCheck also reduces false positives by up to 30%, helping businesses achieve more accurate, compliant, and secure verification.
In addition to the speed and accuracy of its service, PearCheck places a strong emphasis on data security. The company deploys robust encryption and is working towards ISO 27001 and SOC 2 certifications to further ensure data protection at the highest global standards. PearCheck also prioritizes user consent, data minimization, and privacy, making it a trusted partner for businesses looking to meet regulatory obligations while respecting individual rights.
Enabling Financial Inclusion and Economic Growth
PearCheck’s technology plays an important role in fostering financial inclusion, particularly in developing markets. By making identity verification quicker and more accessible, PearCheck is supporting more people in participating in the formal economy. For example, government agencies can now verify social welfare recipients and procurement vendors in a timely manner, reducing the risk of fraud and ensuring that public funds are allocated effectively.
Looking Ahead: PearCheck’s Role in the Future of Digital Trust
As digital transactions continue to become a cornerstone of the global economy, PearCheck is well-positioned to be a leader in digital trust infrastructure. With identity verification needs growing rapidly, especially in emerging markets, PearCheck’s AI-driven solution has the potential to scale secure, compliant operations.
“The future of digital trust is unfolding, and PearCheck is proud to be at the forefront of it,” said Falana. “Our solution is designed to meet the evolving needs of businesses, regulators, and governments around the world, providing them with the tools they need to scale securely and efficiently.”
About PearCheck
PearCheck is an AI-driven identity verification platform designed to streamline KYC and KYB processes for businesses and governments. The company offers real-time, secure, and accurate verification solutions that help organizations reduce fraud, meet compliance requirements, and improve operational efficiency. PearCheck is particularly focused on emerging markets, where it is contributing to financial inclusion and ensuring transparency in digital transactions.
For more information, visit www.pearcheck.com.
Media Contact
Company Name: PearCheck
Contact Person: Michelle Daniel
Email: Send Email
Phone: +256 775-687-569
Country: Uganda
Website: http://www.pearcheck.com
