ProofMarked Framework
Every decision, every step, marked with verifiable proof
What is the ProofMarked Framework?
Proofenance's proprietary algorithm that analyses multiple data sources to provide comprehensive recommendations to sellers about taking payments. Our AI technology collates information from numerous sources, gathers supporting evidence, and presents clear reasoning with documented sources.
Your Decision, Our Support
The framework helps you make informed decisions about whether to accept or decline a payment. However, the final decision to approve or deny a transaction always rests with the seller.
Comprehensive Evaluation for Individuals & Companies
Private Individuals
The ProofMarked Framework evaluates private individuals through comprehensive checks including identity verification, adverse media searches, global watchlist screening, and address validation. Our system intelligently determines the level of verification required based on risk analysis.
- Identity verification when required by risk analysis
- Adverse media searches across global sources
- Global watchlist screening
- Living address validation worldwide
Companies & Organizations
For companies, the framework automatically performs PSC (Persons with Significant Control) and triggers individual checks if required. This includes verification of beneficial ownership and corporate structure analysis.
- Automatic PSC verification and monitoring
- Beneficial ownership analysis
- Corporate structure verification
- All individual checks for company directors
Advanced Features & Efficiency
Proactive Compliance
The system can be used proactively during customer onboarding. Accountants and businesses can complete all necessary checks in advance, ensuring compliance information is ready when future payments are processed.
- Complete checks during onboarding
- Information ready for future payments
- Reduced friction for repeat customers
Smart Document Reuse
The system intelligently reuses previously submitted identity documents when the risk analysis allows it, minimizing customer frustration while maintaining compliance standards.
- Risk-based document reuse
- Minimized customer friction
- Maintained compliance standards
Comprehensive Compliance Checks
The ProofMarked Framework performs extensive checks to meet regulatory requirements while minimizing customer frustration.
Adverse Media Searches
Comprehensive searches across global media sources for negative information
Anti-Money Laundering Checks
Risk-based AML screening when required by regulations
Global Watchlist Screening
Screening against international sanctions and watchlists
Address Validation
Global address verification and validation services
Proprietary Payment Database
Cross-reference with our database of payments and bank accounts from the same person
Identity Verification
Risk-based identity checks when required by analysis
Purpose: The ProofMarked Framework is designed to achieve the requirements of applicable regulations whilst causing the least amount of frustration to your customers. We balance thorough compliance with excellent customer experience.
AI-Powered Analysis
Our proprietary algorithm analyses multiple data sources, with AI technology collating information and providing clear reasoning with documented sources.
Evidence-Based Recommendations
Every recommendation is supported by clear, evidence-backed reasoning, fully documented and reviewable with all sources marked.
Complete Documentation
Full documentation and storage of all evidence, reasoning, and recommendation factors for total traceability and compliance.
Seller Decision Support
Comprehensive reports with clear recommendations and supporting evidence, empowering sellers to make informed approval or denial decisions.
Key Recommendation Areas
Customer Risk Assessment
Based on the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), the framework analyses and recommends:
- Customer risk profile based on transaction patterns
- Geographic risk factors
- Product and service risk levels
- Transaction risk indicators
Identity Verification Requirements
Following the MLR 2017 and HMRC guidance, the framework recommends:
- Whether enhanced due diligence is required
- Which identity documents need verification
- Whether additional verification steps are needed
- When to escalate for manual review
Reportable Payment Assessment
In accordance with the Proceeds of Crime Act 2002 (POCA) and Financial Services and Markets Act 2000, the framework evaluates and recommends:
- Whether a payment requires a Suspicious Activity Report (SAR)
- If a payment needs to be blocked under POCA
- When to flag transactions for enhanced monitoring
- Whether to report to the National Crime Agency (NCA)
How to Use the Framework
Start your sales process
Simply input the customer details and transaction information into our platform. Our proprietary algorithm automatically begins gathering evidence from multiple sources.
Review the Analysis
Each piece of evidence is marked and documented with clear reasoning. The AI explains how the information supports the recommendation, making it easy to understand.
Get Your Recommendation
Based on the marked evidence and analysis, the algorithm generates a comprehensive recommendation with detailed reasoning, giving you confidence in the process.
Make Your Decision
The framework presents clear recommendations with supporting evidence, but you maintain full control. You can approve or deny based on your business judgment.
Generate Compliance Reports
Create detailed PDF reports documenting every step in the evidence chain and reasoning process. These reports provide full auditability and compliance documentation.
Ready for HMRC Investigations
All data is automatically stored and organized for easy access. If HMRC requests information, you can quickly collate and send comprehensive reports with all evidence and documentation.
Complete Compliance & Documentation
Each recommendation is generated through a transparent, evidence-based process
Evidence Chain
- All data sources clearly marked and referenced
- Primary data stored for future reference
- Recommendation factors explicitly documented
Compliance Ready
- Human review possible at any stage
- Full audit trail maintained
- Automated SAR submission when required
The seller retains full control over final approval or denial decisions
View example proof reportsReady to Get Started?
Join the businesses who trust Proofenance to handle their compliance requirements with confidence and ease.