Automate Global Business Verification for Strong Compliance
Go beyond time-consuming, basic checks and meet the demands of modern KYB. Trulioo delivers automated business verification using real-time data that’s refreshed every 15 seconds. Verify more than 700 million entities and their owners through custom workflows that adapt to regional regulations and risk levels. Contextual insights and orchestration help global enterprises onboard faster, detect fraud earlier and achieve compliance worldwide.
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Drive Business Onboarding With Data Intelligence
Gain the complete business posture with comprehensive data and contextual insights that enable risk-based decision-making. Access diverse sources – such as government registries, credit bureaus and proprietary information – and receive results in a standardized, actionable format.
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Achieve Compliance Around the World
Adjust in real time to shifting regulations and new market requirements. Choose from multiple integration options and easily configure onboarding rules and logic, the data sources to call and the sequence in which to call them. Generate audit-ready reports with transparent business lineage and documented verification outcomes.
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Solve Data Discrepancies With AI
Trulioo AI and natural language processing normalize, standardize and translate documents in hundreds of languages. The intelligence engine collates data and applies fuzzy matching to identify variations. Those intelligence layers flag inconsistencies with precision, accelerating processing and reducing manual review.
Solution Sheet
How Business Verification Affects Your Operations
Dig deeper into strategies to make business verification work for you.
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Know More, Risk Less With Complete Business Profiles
Accurately Verify Business Entities Worldwide
Verify small and medium-sized businesses, sole proprietors and enterprises across the globe. Trulioo supports more than 500 business registration number formats and provides real-time access to critical business data – including names, numbers and addresses – to streamline onboarding and lower risk from the onset.
Complete Business Transparency and Graphing
Trulioo transforms weeks of manual business verification into seconds. Conduct KYB and KYC checks in one workflow with fresh, accurate business data. Access a detailed business ownership map for deeper due diligence and complete business transparency.
Fight Business Identity Theft
Business identity theft is the fraudulent acquisition and misuse of a company’s identifying information. Trulioo detects anomalies early, preventing downstream fraud and increasing platform trust.
Verify the Business’s Ultimate Beneficial Owners
Establish a deeper fraud defense by identifying and verifying the business’s ultimate beneficial owners. Trulioo adds a critical risk signal by pairing KYB with KYC checks without increasing user friction.
Comply With Regulations Worldwide
Navigate complex oversight from regulators such as the FCA, CySEC, AUSTRAC, PPTAK and FinCEN. The world’s largest brands rely on Trulioo to meet global regulatory standards – such as AML/CFT, DAC7 and the INFORM Consumers Act – with audit-ready documentation.
With Trulioo, we can do both KYB and identity document-based KYC checks with one solution, turning a previously cumbersome onboarding process into one that is quick and easy. This has enabled us to remain compliant across multiple continents and provide payments solutions that accelerate our customers’ businesses.”
Better Together: KYC and KYB
Unify business and person verification in a single, integrated workflow to streamline onboarding, meet compliance requirements and reduce operational overhead.
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Elevate Value
Optimize onboarding costs with increased speed, accuracy and coverage.
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Achieve Compliance
Meet regulatory requirements with deep-dive ultimate beneficial owner identification and verification.
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Gain Flexibility
Customize verification to meet changing needs and evolving risk assessments.
Expand Your Global Reach With Trulioo
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Buyer’s Guide
Introduction to Business Verification
Learn how automation, layered capabilities and state-of-the-art technology can accelerate global onboarding while maintaining security and compliance.
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Frequently Asked Questions
Learn more about key industry terms and concepts.
Gathering information about a business and verifying the data through reputable sources helps detect if a company is fake.
Know Your Business is a set of compliance procedures that determine if a company is legitimate. It includes due diligence that assesses the risk of doing business with the entity.
An ultimate beneficial owner is a real person who owns or controls a business or legal entity. Various legal structures can make it difficult to identify UBOs.
KYC requires due diligence on people, while KYB requires the same for business entities. Business documentation and financial activities are generally more complex and pose a higher risk, so the verification and risk assessment requirements are more stringent.
KYB often requires considerable time and effort. Automated KYB reduces costly manual checks, helps ensure accuracy with in-depth reporting and can improve risk evaluation to strengthen fraud defenses.
A typical KYB process includes verifying business documentation, analyzing the company profile, performing a risk assessment, determining entity ownership and control, implementing enhanced due diligence and conducting ongoing monitoring.