Quickly establish trusted business relationships
If your company provides financial services to businesses, you’ll need to optimize your Know Your Business (KYB) processes to efficiently onboard new customers, without exposing your company to fraudulent actors and their illicit activities. Our digital business verification solution is well-equipped to manage a modern KYB process. Combining KYB and KYC due diligence, our tools help verify businesses by applying multiple layers of risk detection to fully understand if the business or the owner is engaged in suspicious activity. KYC verification of a company’s beneficial owner while undergoing a KYB check can be an automated process for a holistic perspective of risk.
Our solution for KYB provides the actionable intelligence you need to streamline onboarding workflows for legitimate businesses, while dynamically escalating higher-risk customers with enhanced layers of authentication for additional assurance. Receive verification results data in real-time, including any risk conditions detected and associated with the business and ownership.
Why choose IDology
Utilize staged KYB
Gather insights on a business and its ownership at each stage in the KYB process with additional scrutiny applied based on results to balance customer experience with due diligence.
Automate business verification
Assess the business’s reputation, including tenured age, standing with Secretary of State, recent bankruptcy filings and more.
Get Ultimate Beneficial Owner (UBO) identification
Establish the Ultimate Beneficial Owner’s (UBO) connection to the business and verify their identity using our advanced KYC capabilities.
Access continuous PEPs and Sanctions Screening
Leverage 450+ sanctions and politically exposed persons (PEPs) lists to single out high-risk individuals and apply an array of algorithms to reduce false positives.
Other Compliance solutions
Know Your Customer (KYC)
Ensure you’re always confident that you know the identity of your customers.
PEPs and Sanctions Screening
Leverage 450+ sanctions and Politically Exposed Persons (PEPs) lists to flag high-risk individuals.
Assess risk in real-time with a highly configurable system that uses a range of attributes.