The platform also offers a step-by-step process on how it works, from inputting business details to official registry screening, compliance screening, and owner identity verification. It emphasizes the benefits of the business verification solution, including compliance with regulations, streamlined onboarding process, reduced operational costs, prevention of financial and reputational harm, and informed business decisions. The platform provides authentic and real-time data from over 250 countries for KYB compliance.
Key takeaways:
- The KYB provides instant access to real-time company information across 250+ countries and 300M+ legal entities, overcoming challenges like siloed data, access permissions, and language barriers.
- One platform for comprehensive screenings of businesses and their owners against AML lists, adverse media, regulatory enforcements, licensing bodies, and bankruptcy/liquidation proceedings to assess the true state of a business.
- Streamline the business onboarding workflow & fulfill your regulatory obligations with ease using The KYB.
- Simplify business verification with 100% authentic and real-time data from over 250 countries for Know Your Business (KYB) compliance.