Scanovate
Scanovate is an Israeli RegTech startup that provides the B-Trust digital identity verification, compliance management, and KYC/AML platform for financial institutions, enabling automated onboarding and regulatory compliance throughout the business lifecycle.
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Scanovate is an Israel-based RegTech company, founded in 2011, that develops the B-Trust platform—a next-generation compliance, identity, and entity management solution. The platform digitizes compliance controls and identity management throughout the entire business value chain, from product design and marketing through customer onboarding, ongoing business relationships, claims and payments, and post-contract management.
The B-Trust platform provides flexible web-based workflow engines, advanced identity verification toolkit with document scanning and biometric verification, complete individual and corporate compliance management, and an extensive API marketplace for integrations. The platform supports automated KYC/AML screening, sanctions list checking, PEP identification, and ongoing monitoring.
Dual-use relevance is significant: identity verification, biometric authentication, and compliance screening technologies are critical for both commercial financial services and defense/intelligence applications including personnel vetting, border security identity verification, sanctions enforcement, counter-terrorism financing detection, and secure access management for classified systems. The platform's entity management capabilities support defense procurement compliance and supply chain integrity verification.
Dual-Use Assessment
Digital identity verification and compliance management serves both financial KYC/AML and defense/intelligence applications including personnel vetting, border security, and counter-terrorism financing detection.
Key Technologies
- Digital identity verification with document scanning and biometrics
- Automated KYC/AML compliance screening engine
- Flexible workflow orchestration for compliance processes
- Entity management and ongoing monitoring platform
- API marketplace for third-party compliance data integration
Use Cases & Applications
- Financial institution KYC/AML compliance automation
- Border security identity verification and screening
- Defense personnel vetting and security clearance verification
- Counter-terrorism financing detection and sanctions enforcement
- Defense procurement supply chain compliance management
Strategic Value to U.S.-Israel Alliance
Identity verification and compliance platform with direct applicability to defense personnel vetting, border security, and counter-terrorism financing enforcement.
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