Enigma Identity and Risk Consortium
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01
Enigma Platform

The Business Graph

Enigma resolves every US business into a single, persistent identity — the substrate every consortium signal anchors to.

33M
Brands
Including micro-merchants
112M
Legal Entities
Across all 52 jurisdictions
27M
Locations
Physical operating sites
80M
Persons
Officers & principals
2B+
Gov Records
All 50 states + federal
2,600+
Watchlists
Dow Jones + OFAC sources
Example: How Enigma resolves a business
Phase 1: Brand Resolution
TACOMBI
Mexican Restaurant  |  NAICS 722511  |  tacombi.com
$33.5M
12mo revenue
Phase 2: Legal Entities
TACOMBI HOLDING NA, LLC
NY 2009  |  Active  |  Domestic
Tacos Especiales (IL)
Comedor Catorce (DC)
+5 more subsidiaries
8 entities
Phase 3: Relationships & Registrations
Officer Roles
5+
Officers (4)
Registered Agent (1)
from CT registration
Locations
26
NYC (18)
Chicago (3)
DC, CT, FL, TX (5)
Registrations
9
NY CT DC FL IL +4
Phase 4: Government Records
NYC DOHMH
Restaurant Inspections (216)
Chicago
Food Inspections (28)
NYC DOB
Job Applications (15)
Other
Permits, Registry (22)
281 records
Trusted by
JPMorgan
Capital One
Truist
Stripe
Ramp
Lendistry
02
System of Record

EnigmaDB

Every business gets a persistent Enigma Identifier. External contributors anchor verifications, fraud and risk signals, and certifications to a single resolved entity.

Consortium Backbone

Enigma brings together assertions, verifications, and fraud and risk signals from different contributors — each anchored to the same resolved entity, creating a continuously enriched system of record.

Integration Moat

Every Enigma customer is already integrated. Through the same APIs they use today for KYB, sanctions, and risk, members push real-time assertions and signals back into the network — and pull resolved identity and consortium intelligence out — without new infrastructure.

Trusted by
Equifax
LSEG
Gusto
Capital on Tap
Proof
Parallel
03
Enigma Protocol

A Network of Contributors

Every contributor pushes signals in and pulls intelligence out. The network compounds — each new participant makes the data more valuable for everyone already on it.

Financial Institutions
Banks · Lenders · Fintechs · Processors
↓ Push in
Behavioral and fraud outcomes from real customer accounts.
↑ Pull out
Cross-institution fraud visibility no single bank can see — early warning on compromised businesses and fraud rings.
Identity & Risk Platforms
KYC · Fraud · Notary · Identity Proofing
↓ Push in
Verified identity assertions and risk attestations.
↑ Pull out
Distribution to every consumer on the network, anchored to canonical Enigma entities — reach without bespoke integrations.
B2B Platforms & Marketplaces
Payments · Payroll · Commerce · SaaS
↓ Push in
Proprietary signals on real business activity.
↑ Pull out
Cross-platform fraud patterns and KYB enrichment that no single platform can see.
04
Consortium Use Cases

Identity & Risk Across Members

Identity assertions, fraud patterns, and risk signals from many contributors — anchored to the same resolved entity, available across onboarding, monitoring, and compliance workflows.

Identity
Verifying Who a Business Really Is
  • Beneficial owner & officer verification — KYC, IAL2-grade identity proofing
  • Cryptographic credentials — reusable, verifiable, member-attestable
  • Application fraud — synthetic identities, multi-registration patterns, mule networks
  • Compromised legitimate businesses — owner-identity takeover, bank-credential theft
Risk
Fraud Patterns & Continuous Signals
  • First-party fraud — chargebacks, credit bust-outs, intentional misrepresentation
  • Cross-member fraud rings — coordinated fraud detected across the network
  • Continuous KYB — UBO changes, registration anomalies, dormancy-to-active flags
Proven Model
Consortium fraud databases are battle-tested in insurance — shared claims-fraud networks have run at industry scale for decades. The same model applied to business identity creates network-effect-driven detection no single party can match.
05
Why Enigma

Why Enigma as the Foundation Layer

Members anchor to one resolved entity, one production-grade data and platform layer, and one neutral operator already integrated into the workflows they use today.

01 · The Anchor
Canonical Entity + Authoritative Data
  • Persistent Enigma Identifier — one ID every signal anchors to
  • Knowledge graph — resolves sparse inputs; person-to-business linking
  • Production data sources — IRS, SoS (52), OFAC/EU/UN/PEP, 2B+ gov records, 750M+ card panel
02 · The Platform
Modern, Real-Time Network
  • Real-time exchange — webhooks, alerts, continuous monitoring vs. legacy monthly batch models
  • Direct API access — one integration, no bureau toll layer or licensing middleman
  • Multi-modal signals — fraud, chargebacks, KYB, identity flags — not just credit trade lines
03 · The Network
Customers Ready to Contribute Real-Time
  • Every Enigma customer already integrated — members push assertions and signals through the same APIs they use today for KYB, sanctions, and risk; no new infrastructure
  • Neutral operator — not a bank, bureau, or fraud platform; aligned incentives with every member
Distribution · Legacy vs. Enigma
Legacy
Member → Consortium dues → Bureau licensing → Batch report (monthly) → Member
3 toll layers
monthly cycle
Enigma
Member → Enigma API (already integrated for KYB / sanctions / risk) → Member
1 toll layer
real-time
Enigma Identity and Risk Consortium

Business-level signals from many contributors, anchored to a single resolved identity. The technology layer for a US Business Consortium.