Global Coverage & Instant Business Verification
Verify 300M companies across 225+ databases
Instant results in 3s with 99% accuracy
Meet global AML/CFT compliance
THE KYB VERIFICATION JOURNEY RIGID CHECKS FOR MAXIMUM SECURITY
1. Business Registration Verification
Check the registration number, date of incorporation, registered address, and other pertinent details..
2. Ownership Structure Analysis
Identify UBOs, examine shareholding patterns and understand the hierarchy of the business..
3. Business Documentation Collection
Obtain and review essential business documents like commercial registration certificates, business licences, tax registration certificates etc..
4. Physical Verification (if necessary)
Potential site visits to the business's registered address to ensure it's not a shell company..
5. Financial Health Check
Review financial statements to understand risks..
6. Background Check
Identify key personnels and any associated red flags for involvement in financial crime..
7. Risk Assessment
Assess the risks associated with businesses based on the information collected. Categorise based on low, medium or high..
8. Ongoing Monitoring
Regularly update business information and monitor for change to ensure up-to-date business risk statuses..
9. Advanced Reporting
Report any suspicious activities or transactions to the relevant authorities as required by local regulations..
ACTIVE VS PASSIVE BUSINESS VERIFICATION SERVICES
With our e-IDV solution, you can perform both active and passive business verifications
FULLY AUTOMATED KYB ONBOARDING WITH SHUFTI PRO
Verify and onboard legitimate customers seamlessly
Enhanced Due Diligence
Go beyond basic verification for comprehensive compliance checks & risk assessments
Integration without complex development, saving time and resources
Achieve 99% accuracy with 10,000+ ID types, 150 languages, and 240+ countries
KYB Verification without Borders or Limitations
- International coverage through 225+ global databases that house information on 300M+ companies
- Global coverage with verified commercial data
- Real time business verification and multi-layer risk cover for organisations worldwide
- Simple onboarding with easy API integration and developer options
Successful Risk Deterrence with Shufti Pro's KYB Checks
Stay one step ahead with the ultimate fraud prevention cover. A comprehensive approach to global risk mitigation, your business can prevent potential losses and non-compliance penalties
ROBUST CORPORATE VERIFICATION ACROSS A MULTITUDE OF GLOBAL INDUSTRIES
Utilise our rigid KYB check to verify the legitimacy of businesses and prevent financial crime.
Validate businesses participating in token sales to ensure compliance and prevent fraud.
Secure merchant onboarding to enable powerful consumer safeguarding measures.
Verify the authenticity of businesses seeking loans with P2P lending to minimise risks.
Gaming & Gambling
Remediate the risks associated with high-stake players and games by verifying the legitimacy of source of funds.
Government & Public Sectors
Verify vendors and contractors when assessing organisations bidding for contracts to ensure ethics and compliance.
Implement KYB checks when underwriting policies for businesses to enhance risk assessment.
Employ KYB when dealing with corporate property purchases to verify source of funds and maintain compliance.
KYB Verification has never been this fast or accurate for onboarding businesses and staying compliant
Ultimate fraud cover
Prevent losses with global risk cover against fraudsters, imposters, and money launderers..
Effortless regulatory compliance
Attain a globally compliant status with single API integration and avoid non-compliance penalties..
Updated company databases
Automated access to data from global commercial registers..
KYB Integration: Seamless, Secure, & Swift
Take the next step in digital identity verification. With our KYB integration, you're not only embracing technology but a promise of excellence, efficiency, and exceptional security.
Our KYB integration promises:
- Real-time Sync
- Robust Security Protocols
- Dedicated Support
- Flexible Integration Options
- Cross-platform Support
Ensure the Highest Standards of Privacy and Security with Shufti Pro
Shufti Pro keeps in check the international data and cybersecurity guidelines regarding the privacy and security of your customer data.
- DSS COMPLIANT
- GDPR QG