A comprehensive guide to Know Your Business (KYB) compliance—from foundational concepts to industry applications. Start with the basics or jump to a specific topic.
Module 01
Start here. Understand what KYB is, why it matters, and how it differs from KYC.
Compare KYB (Know Your Business) and KYC (Know Your Customer) verification processes, requirements, and when each applies to your compliance program.
Walk through the complete Know Your Business verification process, from application intake through ongoing monitoring, with practical guidance for each stage.
Learn what KYB (Know Your Business) means, why it matters for compliance, and how business verification protects organizations from financial crime.
Understand the business case for Know Your Business verification, including regulatory requirements, fraud prevention, and the real costs of inadequate business verification.
Module 02
Regulatory requirements including CTA, CDD, EDD, and UBO verification.
Understand Corporate Transparency Act requirements, who must report beneficial ownership information to FinCEN, exemptions, deadlines, and compliance obligations.
Understand Customer Due Diligence requirements, the FinCEN CDD Rule, risk-based approaches, and how CDD applies to business customers under KYB compliance.
Learn when Enhanced Due Diligence is required, what EDD measures involve, and how to implement risk-appropriate verification for high-risk customers.
How trusts complicate beneficial ownership verification in KYB, including FATF requirements, verification challenges, and practical approaches to trust-related due diligence.
Learn how to identify and verify Ultimate Beneficial Owners (UBOs) for KYB compliance, including ownership thresholds, verification methods, and common challenges.
Module 03
Practical guidance for choosing software, automating workflows, and onboarding.
How graph-based data models reveal business relationships, ownership structures, and risk patterns that traditional databases miss.
How to evaluate KYB software solutions, key criteria for selection, and when to build versus buy your business verification capabilities.
How entity resolution powers accurate business verification—techniques, implementation strategies, and why it's the foundation of effective KYB.
Learn which KYB verification steps can be automated for efficiency and which require human judgment to manage risk effectively.
Learn how to design KYB onboarding flows that minimize friction for legitimate businesses while maintaining regulatory compliance.
Compare KYB providers and learn what to look for when selecting a business verification solution for your organization.
Understand the landscape of KYB solutions, from manual processes to automated platforms, and learn what capabilities matter most.
Module 04
KYB applications across fintech, lending, marketplaces, and payments.
Know Your Business considerations for fintech companies, neobanks, and digital financial services—balancing regulatory requirements with the fast, digital-first experiences customers expect.
How lenders can implement KYB verification that satisfies compliance requirements while enabling fast, accurate credit decisions.
How online marketplaces and platforms should approach Know Your Business verification for sellers, service providers, and business users.
Know Your Business requirements and best practices for payment processors, acquirers, payment facilitators, and PSPs verifying merchant accounts.
Module 05
Quick reference for KYB, AML, and compliance terminology.