Verath
Identity activity
Earlier
Your bank · NIN
Account update
A telco · NIN
SIM registration check
Illustrative example; institution names are fictional.
Built for
- Nigerian consumers
- Businesses
- Fintechs
- Banks
- Enterprises
- Identity ecosystem partners
- Cross-border partners
The problem
Your identity is checked constantly. You’re never told.
Nigeria’s identity rails answer “whose number is this?” for licensed institutions every day. The person who owns the number is left out of that loop, and that gap is where identity fraud thrives.
Three months later…
“I never applied for this loan.”
Illustrative scenario.
Printed, typed and leaked
Your 11-digit NIN and BVN appear on slips, in dozens of KYC forms and, in some cases, in data breaches.
Enough to open accounts
With your number plus a matching face or a compromised SIM, fraudsters can try to open accounts, take loans or register SIMs in your name.
Discovered months later
Owners are generally not told when their number is looked up. Many find out from a debt collector or a frozen account.
The Verath solution
Verath puts you back in full control.
Verath connects to the institutions that check identity numbers, so you hear about it, and can act, in real time.
Without Verath
months of silence- Day 0A fraudster enters your BVN into a loan app
- Day 1The loan is approved and paid out
- Month 3A debt collector calls you about a loan you never took
With Verath
about 71 seconds- 14:02:00A loan app checks your BVN
- 14:02:40Verath alerts you on WhatsApp and push
- 14:03:11You tap “Not me”; the institution is told immediately
Illustrative scenario. Timings show the design target.
You find out months later
Alert targeted within 60 seconds of a reported check
No idea who checked or why
Institution, purpose, time and which ID
Hunt for a fraud line yourself
One tap sends a dispute to the institution
Your number copied to yet another database
Matching on keyed hashes; unmatched events dropped
Products
A platform for protecting digital identity.
We are starting with identity usage alerts and building toward full owner control of how identity information is used.
How it works
From identity check to your phone, in four steps.
Verath sits alongside existing verification flows. Institutions keep working as they do today; owners finally get visibility.
Event sources
Verification providers
NIN/BVN lookups
Credit bureaus
Credit inquiries
Banks & fintechs
Account openings, KYC
National identity rails
Long-term goal
Verath platform
- 01Signed event gateway
- 02Keyed-hash matcher
- 03Alert engine
- 04Dispute router
Identity owner
- App push
- SMS
“Not me” → dispute back to institution
Security & privacy
Built so we never become the next leak.
A service that protects identity numbers has to be designed as if it will be attacked from day one. Partners send a keyed hash, not your number, and anything that doesn’t match an enrolled owner is thrown away.
What leaves the partner
Sample number. Only the keyed hash is sent; the raw number never leaves the partner.
Inside Verath
- Waiting for events…
No raw IDs at rest
Identity numbers are designed to be held only as keyed hashes for matching, plus one encrypted copy in a dedicated key vault.
Unmatched events dropped
Partners never send a list of everyone they checked. Events that don’t match an enrolled owner are discarded within seconds.
We don’t hold identity records
Verath stores the event (institution, purpose, time), never the photo, fingerprints or address an institution received.
Owner-only monitoring
Proof of ownership is required, so Verath can’t be used to track someone else. Family monitoring requires consent.
Takeover protection
Changing your phone or email is designed to require a fresh liveness check, with a notice sent to your old channel.
Least-privilege access
Only a few staff and systems can reach personal data, and staff access is logged. Our privacy policy lists where it’s processed.
These are design principles for a platform in development. We will publish details of our security and data-protection practices as they are implemented and independently reviewed.
Business solutions
A real-time fraud signal, straight from the identity owner.
When an owner taps “Not me”, the institution that ran the check knows within minutes, not months. Fewer fraudulent accounts, faster investigations and a visible commitment to customer protection.
Fintechs & digital lenders
Catch disputed account openings and loan applications at the moment they happen.
Banks
Receive owner-confirmed or owner-disputed signals on new accounts, straight into your fraud workflow.
Verification providers
Offer your clients built-in owner notification, with hashed events and no client data shared.
Credit bureaus & ecosystem partners
Add a consent-first, owner-facing layer to existing identity and credit infrastructure.
Illustrative image. People shown are not Verath customers.
Fraud desk · live
streaming- KYC check · BVNkyc-55127Confirmed
- Account opening · NINacc-88317Confirmed
// Delivered to your fraud desk endpoint
{
"type": "dispute.created",
"event_ref": "evt_8f21c0a9",
"partner_ref": "kyc-2026-10-07-55102",
"id_type": "BVN",
"purpose": "loan_application",
"owner_response": "not_me",
"responded_at": "2026-10-07T14:03:11+01:00"
}Illustrative feed and payload. The API is in preview and may change.
Early access
Be first to know when your identity is used.
Verath is in development. Join the waitlist for early access, product updates and launch news.