# Eftsure

> Eftsure provides independent vendor and bank-account verification, payment screening and supplier onboarding for finance teams. Founded in Australia in 2014, it combines automated checks, network data and human verification to help prevent misdirected business payments; the group has expanded through Sis ID and Relish.

- **Founded:** 2014
- **Headquarters:** North Sydney, Australia
- **Founders:** Ian Mirels (Co-founder), Mike Kontorovich (Co-founder; former CEO), Mark Chazan (Co-founder)
- **Products:** Vendor Management, Payment Protection, Segregation of Duties, Audit and Reporting, Eftsure Guarantee
- **Notable:** Nacha Preferred Partner in three categories from July 2025., Ranked 43rd on the 2025 AFR Fast 100, according to Eftsure., Combined group reports more than 4,000 customers, 600 employees, 11 million monitored vendors and coverage across 190 countries and territories in September 2026.

## Products & services

- **Vendor Management** — Supplier onboarding and independent verification of identity, banking and compliance information.
- **Payment Protection** — Checks outgoing payment details and flags discrepancies before funds are released.
- **Segregation of Duties** — Permissions and workflow controls separating viewing, approving and releasing payments.
- **Audit and Reporting** — Centralised records of payment controls and verification evidence.
- **Eftsure Guarantee** — Up to $1 million indemnification for eligible verified payments lost to social engineering fraud, subject to terms; included for customer agreements signed after March 10, 2025.
- **Relish Data Assure and Invoice AI** — Acquired vendor-data validation, enrichment and machine-learning invoice processing capabilities; integration and additional capabilities are continuing.

## Achievements

- Nacha Preferred Partner in three categories from July 2025.
- Ranked 43rd on the 2025 AFR Fast 100, according to Eftsure.
- Combined group reports more than 4,000 customers, 600 employees, 11 million monitored vendors and coverage across 190 countries and territories in September 2026.
- An engineering-firm case study reports prevention of more than $1 million in potential fraudulent payments.

## Latest updates

- **2026-09** — Relish joined Eftsure, adding Data Assure and Invoice AI capabilities and connections to more than 35 enterprise platforms across the combined offering.
- **2026-08** — Eftsure announced expansion of its payment-assurance network into Singapore.
- **2025-11** — Company article described the acquisition and integration of France-based Sis ID; transaction price was undisclosed.

## Links

- Website: https://www.eftsure.com/
- LinkedIn: https://www.linkedin.com/company/eftsure/
- Twitter/X: https://x.com/EFTsure
- Instagram: https://www.instagram.com/eftsure/
- Facebook: https://www.facebook.com/eftsure/

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Profile page: https://yespress.io/eftsure
Published by YesPress — https://yespress.io
Last updated: 2026-10-05