Know Your Business (KYB)
How to Check if a Company is Legitimate
Especially in business, signing a contract without doing detailed research can result in becoming a money laundering channel. That’s why in today’s complex digital environment, it’s essential to take your time to research every single company that you’re interested in doing business with.
AML Guidelines in the European Union. What Should Financial Companies Know When Applying Business Verification?
Over the past decade, the EU has been considering how to combat the potential illicit flows through banks and other financial institutions. It’s clear that stricter financial processes call for a more robust action plan from all financial players. This time, we’ll review the EU and its standards by providing all the necessary guidelines.
Know Your Business (KYB) Verification: What You Need to Know
Learn what Know Your Business, or KYB verification, is, focusing on the main compliance challenges in regulated, high-risk industries while learning about key automation solutions.
Why Know Your Business (KYB) is Crucial for Your Company
KYB, or Know Your Business verification, is crucial for onboarding and monitoring corporate clients. Learn how to onboard your partners, identify the individuals controlling the organization and help prevent money laundering.
