Caf Named as a Leading Vendor in the Business & Entity Verification Space

Liminal Strategy cites Caf as a top solution provider for Financial Institutions and Fintech

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São Paulo, 26 March 2024 -  Caf, a global leader in the digital identity market, is pleased to announce it has been named a leading vendor in Business & Entity Verification (BEV) for financial institutions and fintechs by research and analyst firm Liminal Strategy in its prestigious Link Index. 

Liminal’s Link Index provides market-leading intelligence in the identity space and is compiled by industry-expert researchers and analysts. The firm named Caf as one of only a select group of leading solution providers in identity management for the financial services and fintech space. 

According to a Liminal survey of financial institutions and fintechs, these firms face significant struggles in the BEV space. Firstly there is a high degree of manual review; 58 percent of financial institutions and fintechs indicated that more than one-quarter of their BEV processes require manual intervention, which leads to higher costs and operational inefficiencies. Eighty-eight percent of respondents also said outdated or inaccurate data hinders their BEV processes. Verifying businesses globally is also a concern, with survey respondents reporting an 86 percent increase in onboarding times for cross-border verification. 

Caf enables firms to overcome these challenges with its Know Your Everything (KYE) platform that provides accurate and automated identity verification of both consumers and businesses, combining ML models, an AI-powered decision engine, and identity orchestration with direct access to source-level identity data in markets across the globe. 

“With its comprehensive coverage across solution segments, Caf is in a favorable position to meet future demand by expanding its KYC suite to align with its robust fraud and business verification offerings,” Liminal says. “Additionally, Caf’s emphasis on automation and the reduction of manual reviews in the short term is closely in line with buyer demands, placing the company in a strong position to provide streamlined onboarding processes with minimal friction.”

The firm concludes that, “Given its recent entry into the market, Caf’s Know Your Everything platform contains an impressive array of product capabilities.”

“We’re thrilled to be recognized as a leading vendor in the identity verification and fraud prevention space by such a respected research firm as Liminal,” says Jason Howard, CEO of Caf. “We are continually innovating and upgrading our product suite and capabilities and have a robust product roadmap planned out. As we continue to expand internationally, we know we will be able to meet the growing needs of our existing and future clients.” 

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Read the complete report.

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About Caf

Founded in August 2019, Caf offers innovative identity verification and digital onboarding solutions to make customer, partner and supplier registrations faster, easier and more secure.

The company currently has offices in São Paulo, Rio de Janeiro, London, Toronto and Austin, as well as its headquarters in Venâncio Aires. Current customers include names such as Magalu, iFood, Mutual, Zoop and Localiza.

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Press Info – GBR Comunicação

Lucas Berredo | [email protected]
55 11 3047 2400

Débora Lemos | [email protected]
55 11 3047 2400

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