Name Verification Task
The name_verification
task compares the queried business name(s) to the business names on any matching records we found, and determines whether or not there is a matching name.
The name_verification
task will return one of the following responses:
Status | Result | Reason |
---|---|---|
Success | name_exact_match | An input name and a name we identified match exactly |
Success | name_match | An input name and a name we identified match |
Failure | name_not_verified | We could not match an input name to any identified name |
For business name verification, we recommend a default setting where status='success'. If your use case calls for more granular decision making, you can use the result field. Typically, customers consider non-exact matches to the submitted business name to be verified for compliance programs. The most common reason for an non-exact name match is when a difference is found in the legal suffix between the submitted name and the name we identified (e.g. ’Enigma Technologies’ would be considered an approximate match to ‘Enigma Technologies Inc’).