Platform Overview - Verifow

Real-time AML/CFT Transaction Monitoring & Sanctions Screening Platform Built for Nigerian Financial Institutions | CBN Compliant

Verifow processes every financial transaction through a multi-layer screening pipeline in under 200ms. Each layer produces an independent verdict with a score, outcome, and set of downstream actions. These verdicts are aggregated using a weighted severity model to produce a final decision.

Key Design Principles

Principle	Implementation
Fail-Open	If the sanctions engine is unavailable, transactions proceed (logged for audit)
Highest-Severity-Wins	If ANY engine says BLOCK, final outcome is BLOCK
Regulatory Override	CBN rules carry 1.5× weight -cannot be disabled
Async Side-Effects	Email, case creation, and reports never block the API response
Immutable Audit Trail	Every screening event is logged with full context for CBN inspection
Per-Tenant KYC	Each bank chooses embedded providers or BYOL (Bring Your Own License)
Corporate KYB	Business transactions trigger CAC lookup + director verification + BO sanctions screening

Screening Categories

Category	What It Does
Regulatory Compliance	9 mandatory CBN AML/CFT rules (always active, cannot be disabled)
Sanctions & PEP Screening	Real-time screening against entities from UN, OFAC, UK, Interpol
KYC Verification	Validates sender’s KYC status -flags rejected/expired/missing verification
KYB Verification	Validates corporate sender’s CAC registration, directors, and beneficial owners
Custom Rules	Configurable detection rules (amount, name, pattern matching)
Decision Engine	Scenario-based ML risk scoring
Behavioral Analysis	Device fingerprinting, velocity checks, geographic anomaly detection