know your business (kyb) software
nCino KYB Checks on Global Entities to Reduce Risk and Remain Compliant
Reduce time to revenue with an award winning approach to Know Your Business checks, providing data on over 365 million entities in 160+ countries.
Trusted by industry leaders across the world
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Complex Business Verification
Corporate relationships carry hidden risk while manual due diligence slows revenue generation. Organisations must validate legitimacy of business relationships without sacrificing speed-to-market in competitve landscapes.
kyb capabilities
Easily Navigate Corporate Structures
The complexity of company and shareholder structures can lead to complications and inefficiencies for corporate verification. As new regulations place a closer focus on identifying and screening Ultimate Beneficial Owners (UBOs), it's vital for regulated businesses to find a seamlessly supportive solution.
Discover Ownership and UBO
Navigate companies that have as many as 2,089 connections in a company structure to find the Ultimate Beneficial Owner.
Avoid Business Fraud
Continuously screen for high-risk businesses in real-time and set custom alerts to for client changes.
Configure Checks Based on Policy
Create custom rulesets to ensure consistent application of compliance and risk policies without relying on manual intervention.
kyb capabilities
Comprehensive Corporate Verification
Finding, screening, and verifying the UBO of a client is a critical component of corporate verification. But what about the business itself? Accessing detailed information on a business to build a clear picture and risk profile will lead to enhanced compliance and more secure relationships with clients.
Credit and Risk Information
Assess a client's creditworthiness and financial health, including recommended credit and contract limits to assist commercial discussions.
Historical Information
Access payment performance history information to investigate previous partnerships, providing insights into starting a more secure client relationship.
Ongoing Monitoring
Detect and respond to suspicious or unusual behaviour promptly by re-screening businesses to understand changes in financials and ownership.
Country Coverage
Our identity verification services encompasses data from around the globe. Wherever you plan to grow your business, rest assured nCino Identity Solutions has you covered.
246
countries & territories
365m
entities
99.9%
uptime
300m
checks per month
6000+
documents supported
2.3bn
API calls annually
Learn about KYB
What is KYB compliance?
Know Your Business (KYB) is a process that businesses use to verify and understand their clients or partners, similar to Know Your Customer (KYC) but focused on the business entities. It involves gathering information to assess the legitimacy and potential risks associated with a business relationship.
Why use KYB compliance?
KYB software enhances accuracy and efficiency, reducing fraud, and ensuring compliance. Automated software ensures that businesses not only access the data they need on consumer and business customers, but can keep those customers engaged in a smooth, real-time journey.
What are KYB requirements?
KYB requirements vary depending on industry and geographical location, but will typically involve verifying a business' registration, ownership, financial standing, and risk factors. By conducting KYB verification, businesses are able to build a more secure partnership with new clients and avoid entering a professional relationship with other businesses who may pose a risk of money laundering, fraud, or reputational damage.
What's the difference between KYB and KYC?
KYB is geared towards businesses and corporate entities and will often include a business report on multiple factors including credit, share ownership structure, and risk. Whereas, Know Your Customer (KYC) focuses on individual customers and is a measure of identifying that the individual attempting to onboard is who they say they are.
How is KYB and AML related?
Know Your Business (KYB) and Anti-Money Laundering (AML) are interconnected pillars of corporate security. KYB solutions, including KYB compliance software and KYB system software, ensure thorough business onboarding by incorporating Know Your Business checks. This comprehensive approach not only meets regulatory requirements but also aligns with AML measures, collectively safeguarding businesses against financial crimes.
What steps can I take to streamline the KYB process without compromising accuracy?
Leverage advanced KYB solutions such as nCino's KYB service. Implementing efficient Know Your Business software enables automated workflow, ensuring swift yet accurate business onboarding. Seamless integration enhances the overall KYB process, reducing manual efforts while maintaining precision in business identity verification.
What are the alternative to KYB software?
Alternatives to KYB identification include manual verification, which is time-consuming and subject to human error. Additionally, performing manual verification can also lead to missed information, whereas KYB automation tools such as nCino use over 9000 data sources to build a picture of a business.
What are the latest KYB trends?
In 2025, more regulation will follow for many industries whilst onboarding expectations continue to rise - finding the balance between regulatory and compliance and time to revenue is an increasingly prominent pain point in relation to KYB compliance software.
