AI-powered compliance platform helps financial institutions and fintechs streamline onboarding, enhance risk management, and automate compliance processes

San Jose, CA (August 12, 2025) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of AiPrise as its newest member. AiPrise’s AI‑powered platform helps financial institutions and fintechs verify users and businesses, mitigate risk, and meet complex regulatory requirements – with particular emphasis on Know Your Business (KYB) workflows. As an AFC member, AiPrise is committed to delivering innovative technology that balances regulatory compliance with operational efficiency.

“AiPrise simplifies how companies manage onboarding and risk monitoring within their daily operations,” said Phil Goldfeder, CEO of the American Fintech Council. “Their platform enables businesses to onboard customers and partners quickly and securely, while staying ahead of evolving regulatory demands. We’re thrilled to welcome AiPrise to the American Fintech Council as we work together toward smarter, more secure financial services.”

AiPrise offers a platform that unifies identity verification, fraud prevention, and regulatory compliance to support secure onboarding and effective risk management. Its AI‑driven solutions help companies streamline user and business verification by combining smart document analysis, dynamic risk scoring, and automated monitoring into a single, easy‑to‑use platform. The platform also includes a Compliance Co‑Pilot that helps automate routine processes like sanctions screening and risk detection, reducing the need for manual review and keeping teams aligned with changing regulatory requirements.

“AiPrise is dedicated to delivering AI‑powered solutions that help companies manage verification, risk, and compliance with greater speed and accuracy,” said Chaitanya Sarda, Co‑Founder and CEO of AiPrise. “By integrating document verification, identity checks, and risk monitoring into one platform, including deeper KYB capabilities, we help businesses streamline their workflows and scale responsibly. Becoming a member of the American Fintech Council reflects our commitment to advancing responsible innovation across the fintech industry.”

A standards‑based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative banks offering embedded finance solutions. AFC’s mission is to promote a transparent, inclusive, and customer‑centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About AiPrise
AiPrise is a global compliance infrastructure company helping financial institutions and fintechs, including banks, cross‑border payment providers, stablecoin companies, and marketplaces - gain a 360° view of the businesses they onboard. Through a single integration, AiPrise provides access to 8,000+ local and international data sources and an orchestration layer that connects to 80+ verification partners worldwide. The platform goes beyond basic registry checks with website analysis, document intelligence, UBO and parent‑company insights, sanctions screening, and ongoing monitoring, helping teams make confident decisions and stay aligned with regulatory expectations across jurisdictions.

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