Case Study: Digital Bank Integrates TAINA’s API Solution for Seamless TIN Validation

Digital Bank enhances FATCA & CRS compliance with seamless TIN and FTIN validation using TAINA’s API solution.

Balancing regulatory compliance with a frictionless onboarding experience is a key challenge for digital banks. A leading digital-only bank, committed to delivering streamlined services without physical branches, faced limitations with manual TIN and FTIN validation processes, impacting efficiency and accuracy.

Discover how a Digital Bank integrated TAINA’s lightweight Tax Form API to automate TIN and FTIN validation, ensuring compliance with FATCA and CRS regulations while maintaining a smooth customer onboarding journey.

Key challenges:

• Manual validation of SSNs and FTINs led to inefficiencies and compliance risks.
• Limited vendor capabilities in identifying jurisdictions expected to issue TINs.
• Need for a focused, API-only solution that could be embedded with minimal disruption.

Key features of the solution include:

• TIN & FTIN Validation Logic: Automated checks for U.S. and foreign taxpayer identification numbers.
• Seamless API Integration: Embedded directly into onboarding workflows without altering customer experience.
• Rapid Deployment with TAINA Accelerate: Enabled fast implementation via TAINA Cloud with minimal internal IT resources.
• Regulatory-Aligned Data Management: Automated retention policies and compliance with local data regulations.

At TAINA, we are committed to helping digital banks stay ahead of evolving tax compliance requirements.

To learn more about how TAINA’s Tax Form API can benefit your organization, fill in the form to download the full case study or get in touch with us today.