Stop fraud before account creation. Approve everything else instantly.
Digital account opening without integrated fraud controls is an open door. Cotribute pairs layered fraud prevention with configurable decisioning so clean applicants get instant answers, suspect applications never reach your core, and your BSA program gets a defensible, documented process on every application.
Business applicants, held to the same standard
Business identity runs in the same flow as consumer, not as a manual back-office step. Secretary of State validation runs across all 50 states, beneficial ownership is verified under FinCEN customer due diligence requirements, and a business fraud score is calculated separately from your consumer rules.
Scoring business separately matters because the signals differ. A thin-file business is normal where a thin-file consumer is a flag, and applying one rule set to both produces false positives on exactly the applicants an institution most wants.
Secretary of State validation across all 50 states, beneficial ownership verified under FinCEN CDD, and a business fraud score scored separately from your consumer rules.
Business deposits and lending in one flow
Rules you tune, running before the account exists
More than 70 configurable rules span device and geolocation signals, synthetic identity scoring, document verification with liveness, and OFAC and PEP screening. They are tuned with your team rather than set by Cotribute, and they are applied before an account is created rather than after it is booked.
CPM Federal Credit Union: −82% manual review effort via auto-decisioning, with +32% new accounts opened.
FraudGuard+
Layered identity and fraud screening that runs automatically inside every consumer application — no separate vendor integrations to buy, build, or maintain.
Geolocation risk analysis
IP-based geolocation flags applications originating from high-risk locations or masking their origin.
Device fingerprinting & velocity
Device signals and velocity metrics catch repeat attempts, bot activity, and coordinated application fraud across sessions.
Identity & synthetic fraud scoring
Scores each applicant for stolen and synthetic identity risk — the fastest-growing fraud vector in new-account opening.
ID document verification & liveness
Government ID verification with a liveness check confirms a real person holds the real document.
OFAC SDN & PEP screening
Automated screening against OFAC SDN lists and politically exposed persons, with results documented on the application record.
Smart triage
Clean applicants pass without friction; risky signals trigger step-up verification or route the application to review — per your rules.
BusinessGuard+
Fraud detection and KYB built for business account opening and commercial lending, where the entity — not just the person — must be verified.
Business identity verification (KYB)
Verifies the business entity is real, registered, and in good standing before an account or loan is created.
Secretary of State validation
Automated checks against Secretary of State records replace manual state-database searches.
Beneficial owner verification
Identifies and verifies beneficial owners in-flow, supporting FinCEN CDD rule compliance with a complete, retained record.
Watchlist screening
Screens the business and its owners against watchlists, with documented results for your BSA file.
CDD / EDD support
Risk-based routing supports your Customer Due Diligence program and flags applications that warrant Enhanced Due Diligence.
Business fraud scoring
Entity-level fraud scoring catches shell companies and manipulated registrations before they become losses.
DecisionIntelligence+
Your credit and risk policy, executed consistently on every application. DecisionIntelligence+ turns fraud signals, KYC/KYB results, and credit data into instant, documented decisions.
70+ configurable rules
Decisioning rules for deposits and lending you configure to your policy — thresholds, knockouts, routing, and step-up requirements — without development work.
89.5% instant approvals
Nutmeg State FCU approves 89.5% of applications instantly, reserving human review for genuine exceptions.
~60% fewer incomplete applications
Guided flows and automated verification reduce incomplete applications by roughly 60%, so pipelines fill with decisions instead of stalled files.
Touchless back office
97.6% of manual origination steps automated at Nutmeg State FCU — vetting, verification, and account creation happen without staff touches on clean applications.
EnterpriseGuard+
Network-level security and audit controls for institutions with stricter infrastructure and examination requirements.
IP whitelisting
Restrict administrative and back-office access to approved networks only.
Site-to-site VPN
Dedicated site-to-site VPN connectivity between Cotribute and your environment for institutions that require private network paths.
Audit logging
Comprehensive audit logging of system activity supports internal audit and examiner requests with documented evidence.
Written for your BSA officer, not just your marketing team
Every check — KYC, KYB, OFAC SDN, PEP, beneficial ownership, watchlists — runs automatically, applies your documented risk policy through configurable rules, and leaves an auditable record on the application. That means consistent execution across channels, a defensible process for examiners, and a fraud program that scales with application volume instead of headcount. Cotribute is SOC 2 Type 2 certified and FIS GKYC certified.
Frequently asked questions
Does fraud screening run before or after the account is created?
Before. More than 70 configurable rules are applied during the application, not after the account is booked, so a rejected applicant never becomes an account that has to be closed and reported.
How many states are covered for business verification?
All 50. Secretary of State validation runs across every state, with beneficial ownership verified under FinCEN customer due diligence requirements and a business fraud score calculated separately from consumer rules.
Can we tune the rules ourselves?
The rules are configurable and are tuned with your team rather than set by Cotribute. Your risk appetite stays encoded in decisions your team makes, which is also what makes the automation defensible in a vendor risk review.
BSAHow do these tools support our BSA/AML program?
FraudGuard+ and BusinessGuard+ automate CIP/KYC, KYB, OFAC SDN and PEP screening, beneficial ownership verification, and watchlist checks, and every result is documented on the application record. Your BSA officer gets consistent, policy-driven execution and a documented, timestamped trail to produce for examiners — instead of screenshots and spreadsheets.
RiskWho controls the decisioning rules?
You do. DecisionIntelligence+ ships with 70+ configurable fraud and risk decisioning rules — thresholds, knockout criteria, review routing, and step-up verification are set to your policy and can be adjusted without a development cycle or vendor SOW.
OpsHow much manual review does this actually eliminate?
CPM FCU cut manual review effort by 82% within 90 days while growing new accounts 32%. Nutmeg State FCU automated 97.6% of manual origination steps and approves 89.5% of applications instantly. Staff time shifts from re-keying and investigating to handling true exceptions.
ITDo we need to integrate separate fraud vendors?
No. Fraud screening, identity verification, and decisioning are included in the platform and pre-integrated with the account opening and lending flows. EnterpriseGuard+ adds IP whitelisting, site-to-site VPN, and enhanced audit logging where your infrastructure policy requires it.
RiskDoes adding fraud controls hurt conversion?
The opposite, in practice: checks run invisibly for legitimate applicants, and guided flows reduce incomplete applications by about 60%. Friction is applied selectively — step-up verification triggers only when risk signals warrant it.
Put your risk policy on autopilot
See the fraud and decisioning stack against your own rules, or review pricing by application volume.