Personal Accounts: 94% of digital identity checks are verified within 90 to 120 seconds using our AI computer vision engine and real-time government database lookups.
Corporate & Institutional Entities: Multi-jurisdiction entity reviews typically complete in 2 to 4 business hours during business operating windows.
1. Automated Instant Verification Workflow
When you initiate identity verification through the Finovo mobile app or web client dashboard, your uploaded identification is processed against high-assurance global identity registries including FINTRAC, FinCEN, FCA, and ISO-certified KYC validation providers.
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Government ID Recognition: High-resolution optical character recognition (OCR) extracts MRZ machine-readable zones and cryptographic security holograms from passports, driver's licenses, or national ID cards.
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3D Liveness Biometric Check: A brief 3-second selfie scan verifies physical presence and prevents spoofing or deepfake impersonation attempts.
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Instant Sanction & PEP Screening: Automated continuous screening checks global OFAC, UN, and Interpol watchlists with zero delay.
2. Enterprise & Corporate Verification Timelines
For international LLCs, corporations, and holding trusts requiring corporate treasury accounts, our compliance desk performs an expedited entity verification:
| Account Type | Average SLA | Required Items |
|---|---|---|
| Individual / Personal | ~2 Minutes | Passport or Driver's License + Selfie |
| Solo Proprietor / Contractor | ~15 Minutes | Tax ID (SSN/EIN/SIN) + Government ID |
| Global Corporate / Fund | 2 – 4 Hours | Articles of Incorporation + UBO Register |
3. Pro Tips to Ensure 2-Minute Approval
To avoid being flagged for manual review, make sure your submitted photos and document scans follow these best practices:
Place your physical ID on a flat dark surface with even natural lighting. Avoid flash reflections across plastic laminates.
Ensure the full perimeter and edges of your document are captured inside the camera frame without finger obstruction.
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