Some good KYB (Know Your Business) tools for improving match rates while staying compliant are GBG, Trulioo, NorthRow (SmartSearch) and iDenfy.
Each offers strong data coverage, automation, and auditability, but the best choice depends on your business model and risk profile.
|
KYB Solution |
Global Coverage |
Automation & Match Rates |
Compliance Features |
Workflow Flexibility |
Integration |
Scalability |
|
GBG Detected |
195+ countries, 600M+ company records |
Up to 60% faster onboarding, 67% fewer manual checks, 50% boost in business customer conversions |
Checks against AML, PEP, sanctions, audit documentation |
Configurable risk rules and monitoring |
Deep CRM integration (Salesforce, etc.) |
Enterprise-grade |
|
Trulioo |
700M+ entities, real-time updates every 15 seconds |
High match rate with AI-based data normalization |
AML/CFT, DAC7, UBO verification |
Modular workflows by geography and regulation |
Integrates with global compliance frameworks |
Highly scalable |
|
NorthRow (SmartSearch) |
Broad UK/EU coverage with international expansion |
98% match rate, 95% auto-decision rate |
Checks against AML, PEP, 5MLD, sanctions checks |
Configurable alerts and remediation workflows |
Single API integration |
Scales with onboarding volume |
|
iDenfy |
160+ countries, 540M+ records |
30% faster onboarding vs. manual |
Checks against AML, audit logs, document verification |
Custom KYB forms and workflows |
Easy integration with existing systems |
Ideal for small to mid-sized teams |
GBG Detected brings together business verification, identity checks, document analysis, and risk monitoring into one unified system.
Key features:
Why it stands out: Strong orchestration with deep regulatory coverage and built-in automation.
Trulioo supports over 700 million entities globally, updating its data every 15 seconds.
Key features:
Why it stands out: Great for fast-growing, multi-jurisdictional teams needing up-to-the-second data.
NorthRow provides KYB onboarding via a single API, with impressive automation metrics.
Key features:
Why it stands out: Streamlines compliance for high-volume onboarding without overloading your team.
iDenfy offers “Data Crossmatch,” scanning 540M+ business records across 160+ countries.
Key features:
Why it stands out: Flexible and scalable — great for teams that need to adapt quickly or manage costs.
Choosing the right KYB solution comes down to aligning the tool’s capabilities with your business needs, regulatory obligations, and operational goals. Start by evaluating the platform’s global data coverage, for example, can it verify businesses and Ultimate Beneficial Owners (UBOs) in all the countries where you operate? For companies with international reach, comprehensive registry access is critical.
Next, assess the level of automation your team can manage. The best KYB tools offer high match and auto-approval rates, ideally above 90%, which reduces the burden of manual reviews and speeds up onboarding. But automation alone isn’t enough; the platform must also meet your compliance requirements. That includes robust support for AML regulations, sanctions and PEP screening, and a clear audit trail for regulatory reviews.
Flexibility is another key factor. Look for platforms that let you customize workflows based on your industry, risk appetite, or local legal frameworks. This ensures you can apply the right level of scrutiny to each customer.
Integration is equally important. The ideal tool should connect seamlessly with your CRM, onboarding stack, or risk management platforms to streamline operations and avoid redundant data entry.
Finally, consider scalability. If your business is growing, you’ll need a KYB system that can onboard high volumes of customers without increasing headcount. A truly scalable solution allows you to maintain compliance and customer experience as your operations expand.
No one-size-fits-all exists. Align the tool with your business priorities, whether that’s speed, compliance assurance, or cost efficiency, to boost match rates and reduce friction during onboarding.
KYB is the process of verifying the legitimacy of companies you work with. It’s essential for complying with AML (Anti-Money Laundering) laws, identifying Ultimate Beneficial Owners (UBOs), and preventing fraud.
KYB platforms use AI and real-time data to match businesses against official registries and databases, improving accuracy and reducing the need for manual reviews.
Yes, tools like Trulioo and GBG support global KYB by integrating government registries, credit bureaus, and sanctions lists across 100+ countries.
KYC (Know Your Customer) focuses on verifying individuals, while KYB targets businesses and their owners, directors, and structure.
Most premium KYB tools (e.g., GBG, iDenfy) keep full audit logs for 5–8 years to support compliance investigations and regulatory audits.
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