Why choose us for your KYB compliance needs?
Know your business
Compliability KYB ensures that comprehensive due diligence screens for both regulatory compliance and importantly, commercial risk to your business.
Accessing global business risk data allows informed decisioning regarding credit risk to be accurately made, leading to reduced risk of bad debts and recovery costs.
Business Identity
Business Identity Verification is the process of confirming that a company is legitimate, legally registered, and accurately represented by the people acting on its behalf. It’s used by regulated businesses to prevent fraud, money laundering, and other illegal activities.
The process involves checking:
-
Business registration documents (like articles of incorporation, business licenses)
-
Tax identification numbers (like EIN in the U.S.)
-
Ownership and management details (who the directors and ultimate beneficial owners are)
-
Proof of physical address (utility bills, lease agreements)
-
Verification of the representative (e.g., passport, government ID of the person applying)
Depending on the platform or regulatory requirements, it may also include checks like:
-
Matching the business against government databases
-
Checking for sanctions or financial crime risks
-
Validating domain names, email addresses, and phone numbers associated with the business