Trustfull Launches Innovative Domain Intelligence Tool to Revolutionize Business Verification
Trustfull has recently launched its innovative product, Domain Intelligence, which is designed to automate Know Your Business (KYB) checks and merchant verifications. This advanced tool utilizes a suite of AI agents that conduct instant, comprehensive online due diligence on any web domain across the globe.
What is Domain Intelligence?
The Domain Intelligence tool provides in-depth analyses of websites, evaluating their social media presence and digital footprints across various business platforms and marketplaces. This initiative by Trustfull addresses the alarming increase in fraudulent activities involving counterfeit businesses, which not only result in significant direct financial losses but also impose hefty secondary costs on financial institutions, including chargebacks and intensified KYB verification efforts.
Key Features of Domain Intelligence
- Automated Verification: Streamlines the KYB process for small and medium enterprises (SMEs) entering the digital economy.
- Enhanced Fraud Detection: Improves accuracy in identifying fraudulent activities.
- Time Efficiency: Reduces the manual effort and resources typically required for verifications.
Addressing Fraud in the Digital Age
Trustfull has a longstanding commitment to providing solutions that combat fraud across various financial platforms. The introduction of Domain Intelligence is a direct response to the challenges posed by the rapid digitalization of businesses. By automating the verification processes, it allows financial institutions and e-commerce platforms to effectively address these challenges.
CEO Insights on Domain Intelligence
Marko Maras, CEO of Trustfull, highlighted the urgent need for modern solutions in the face of evolving criminal tactics. He stated, “Traditional KYB solutions are struggling to keep pace with the growing scale and sophistication of modern criminals. Originally designed for thousands of merchants instead of millions, these processes leave financial institutions exposed. We believe the solution lies in open-source intelligence and deep online due diligence, which help verify merchants and small businesses instantly, confidently, and at scale.”
Conclusion
The launch of Domain Intelligence by Trustfull marks a significant advancement in fraud prevention technology. By leveraging AI for instant merchant verification, the tool is set to transform how financial institutions manage risk and enhance their operational efficiency. For more information on fraud prevention technologies, visit Trustfull’s website or check out related articles on Forbes.
