Streamline your KYB verification process! Delegate AML watchlist and registry screening, beneficiary verification, and company structure checks to Sumsub
AML files on companies and UBOs
Countries and territories covered
To perform full KYB check
Complete the full KYB in just 3 hours. Corporate documents and UBOs verification are included
No more multiple vendors and dedicated teams. Delegate the entire process to one solution
Follow your regulator’s policies, meet FATF standards, and avoid penalties with our help
Set up the WebSDK widget to optimize how your customers upload documents, fill out questionnaires, and collect information on beneficiaries
Sumsub uses company data from both local and global registries, with more than 400 mln. company profiles available
Screen entities for global sanctions, watchlist presence, PEPs and adverse media upon registration and on an ongoing basis
Verify beneficiaries with a wide range of automated KYC checks to ensure compliance and prevent fraud
Сompanies that work with Sumsub save costs and increase revenue, according to the “Total Economic Impact™ Of Sumsub’s Verification Platform study by Forrester Consulting. Let’s see what results you can get
We’ll take care of the entire verification process for you, so you can focus on doing business with your new clients! Plus, you’ll always be able to perform checks yourself on our platform, just in case
You set up and customize the onboarding flow to suit your needs
The applicant uploads company and beneficiary data
Sumsub performs document verification, ownership and control structure verification, registry checks, AML screening, as well as automatic KYC checks of beneficiaries
Sumsub's legal team reviews the check results
You receive an informative report at the end of the KYB procedure
Remote KYB onboarding doesn’t have to be a bad experience for your clients. Customize the verification steps and widget to create a straightforward verification flow for businesses and UBOs.
The Sumsub SDK requires a one-time integration that’s done in 1 hour, with most clients beginning checks in a week. All further settings are code-free and available in the dashboard
Works on any device
Co-Founder at Weavr
In providing financial services, knowing that our business partners are trustworthy is incredibly important. Sumsub handles the entire KYB + KYC Verification flow for us to ensure that customers onboarded are verified to high standards. Sumsub's technology is flexible and allows us to rapidly implement a wide variety of use-cases. Their team is effectively an extension of our internal compliance team. On top of automated registry lookups, money laundering screening, and UBOs checks, Sumsub’s legal team oversees the entire verification process.
CEO and co-founder at Crassula
We were very happy from the start. The integration went quickly and effortlessly. Then, we saw how good the support was. If there was a request for, let’s say, ‘stronger security measures’, Sumsub was quick to take care of that. It showed us very effective communication.
Compare and see how we excel beyond our competitors in key areas, as validated by user reviews on G2
Know Your Business (KYB) is a verification process that investigates and determines the legitimacy of a company and its overall ownership structure. It is also a due diligence procedure that checks business activities to ensure that all partnering entities are not involved in illegal activities. KYB ensures that Anti-Money Laundering (AML) regulations are applied to help prevent money laundering and other types of serious financial crimes.
Business verification services help to ensure that businesses are legal entities. This type of service assesses whether companies present any risk of money laundering and other fraudulent activities, and supports organizations with their Know Your Business (KYB) obligations to gather all relevant verifying information.
Know Your Business (KYB) refers to the due diligence process of any business that a company deals with. Anti-Money Laundering (AML) regulations mandate that specific checks are carried out on any potential business partner to establish its identity, authenticity, and credibility. This is to help stop any money laundering or terrorist financing activities.
The full Know Your Business (KYB) process includes a customizable and complete verification process for legal entities. The process involves Auto KYB checks that include corporate Anti-Money Laundering (AML) screening and automated Corporate registry checks, and the full KYB check includes everything in Auto KYB plus the Ownership and Management Structure Check, which is performed to determine the full company structure, percentages of ownership, and verify all beneficiaries.
It is necessary to collect information on the business to prove business ownership and control structure to its owners and representatives, including but not limited to registration documents, company addresses, licensing documentation, and identity documents of natural persons.