Verify Smart (OTCMKTS:VSMR) is a provider of identity verification and fraud-prevention solutions designed to help businesses comply with regulatory requirements and reduce risk. Headquartered in Vancouver, Canada, the company offers a cloud-based platform that integrates document authentication, biometric checks, and real-time data validation. By leveraging machine learning and advanced analytics, Verify Smart enables organizations to verify customer identities quickly and accurately, while detecting and preventing fraudulent activities.
The company’s core offering is a modular software-as-a-service (SaaS) suite that supports Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance processes. Key features include multi-factor authentication, document verification for passports and driver’s licenses, liveness detection through facial recognition, and automated risk scoring. Verify Smart also provides seamless API integration, allowing financial institutions, e-commerce platforms, and other enterprises to embed identity checks directly into digital onboarding and transaction workflows.
Verify Smart serves a diverse client base across North America and Europe, targeting industries with stringent regulatory requirements such as banking, insurance, lending, and telecommunications. In addition to its flagship platform, the company offers customized consulting services to help organizations design and implement robust compliance programs. Strategic partnerships with data providers and technology resellers further extend Verify Smart’s reach and enable localized solutions in key markets.
Founded in 2016, Verify Smart has continued to expand its product offerings through in-house development and targeted acquisitions aimed at enhancing its biometric and analytics capabilities. The company is led by CEO James MacDonald, whose background in cybersecurity and financial services has driven a focus on innovation and regulatory expertise. Under his leadership, Verify Smart remains committed to delivering scalable, secure, and user-friendly identity verification solutions that help clients manage risk and streamline customer onboarding.
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