Know-Your-Business Verification Solutions
Explore KYCAID's comprehensive KYB verification solutions. Elevate your business security with advanced technology, ensuring reliable and efficient identity verification for seamless operations and compliance.
KYB Verification Process
Level up your business security with our thorough KYB verification service! Ensure trust and credibility by effortlessly verifying the companies and identities of your business partners.
-
1 step
Company Information Verification
Applicants provide essential company details, including company name, business activity, country of registration, phone number, and email address.
-
2 step
Documents Submission
Depending on the country, documents are categorised into three groups: registration documents, authorised person information, and UBO (Ultimate Beneficial Owner) information.
-
3 step
Business Address Authentication
Applicants provide the company's address and submit a document issued within the last 3 months as a proof.
-
4 step
Authorised Person's Verification
The applicant submits an identification document of the authorized representative. We conduct a semi-automated check for document legitimacy, alongside database screening and company documents.
-
5 step
UBO’s Verification
The applicant submits the beneficial owner's identification document and indicates their share in the company. A semi-automated check is performed for document legitimacy, complemented by database screening and cross-matching with provided company documents.
-
All documentation serves as proof of legitimacy and active company status, with extracted data screened against databases to ensure compliance and assess the statuses of the company and associated individuals.
Know Your Business for Industries
-
KYB For Banks
Enhance regulatory compliance and risk management within banking operations by implementing KYB verification. Utilize our solution to efficiently verify company information, ownership structures, and authorized personnel, ensuring secure and transparent client onboarding processes.
-
KYB For Insurance Companies
Insurance KYB is vital for risk mitigation, regulatory compliance, and industry integrity. It requires understanding businesses seeking coverage, ongoing monitoring, and adapting to evolving risks and regulations.
-
KYB For Legal Sector
Simplify client due diligence and regulatory compliance in the legal sector with KYB services. Verify company details, ownership structures, and authorized representatives effortlessly, ensuring adherence to industry regulations and ethical standards throughout client engagements.
KYCAID's Services Integration for
Streamlined
Identity Solutions
Streamline your processes, enhance compliance, and access rapid verification solutions tailored to your business needs. Apply now for transformative KYB solutions through API integration.
Documentation
Enhanced KYB Verification & Compliance
Discover how our comprehensive verification processes can enhance compliance, reduce risks, and streamline operations for your business. Let us show you the power of seamless KYB integration.