{"id":26845,"date":"2023-01-25T00:31:55","date_gmt":"2023-01-25T00:31:55","guid":{"rendered":"https:\/\/www.trulioo.com\/?page_id=26845"},"modified":"2024-02-09T00:16:17","modified_gmt":"2024-02-09T00:16:17","slug":"business-verification","status":"publish","type":"page","link":"https:\/\/www.trulioo.com\/solutions\/business-verification","title":{"rendered":"Business Verification"},"content":{"rendered":"\n
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\n \n <\/span>\n Know Your Business (KYB) Verification <\/span>\n\n Business
Verification
for the Globe <\/span> \n <\/h1>\n
\n\n Book a demo<\/a> <\/div>\t\t<\/div>\n\n\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Business\n\t\t\t\t\t\t\t\t\n\t\t\t\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n
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Comply with strict KYB regulations. Verify more than 700 million business entities across the globe with services ranging from high-level business insights to stringent UBO authentication. Trulioo offers flexible, global verification services, tailored to your KYB compliance needs, with accurate, actionable results.<\/p>\n <\/div>\n<\/div>\n\n\n

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Achieve Global Business Compliance<\/h5>

\n Verify businesses anywhere in the world with access to up-to-date, independent sources, including government registries, credit bureaus, public records, proprietary information and enriched data that goes beyond any single source. <\/p>\n <\/div>\n <\/div>\n

\n \"Workflow-builder\"\n \n

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Flexible Business Verification to Match Your Needs<\/h5>

\n Quickly set up KYB, KYC and AML workflows for different verification tiers. Choose from different integration options and easily configure and adjust data sources and rules to meet shifting global regulations, your business needs and market requirements. <\/p>\n <\/div>\n <\/div>\n

\n \"scroll-verified-globally\"\n \n

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Consolidate Siloed Data for Business Clarity<\/h5>

\n Advanced data intelligence processes standardize different sources and formats to enrich data and present actionable insights. Achieve reliable verification in your language for trustworthy results anywhere in the world. <\/p>\n <\/div>\n <\/div>\n <\/div>\n\n \n \n

\n \"Scroll\n \"Workflow-builder\"\n\n \"scroll-verified-globally\"\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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\n\t\t\t\t<\/span>\n\t\t\t\tSolution Sheet\t\t\t<\/p>\n\t\t\t

How Business Verification Affects Your Operations<\/h5>\n\t\t\t

\n\t\t\t\tDig deeper into strategies for making business verification work for you\t\t\t<\/p>\n\t\t\tRead the solution sheet<\/a>\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n

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Optimize Business Verification Decision-Making & Performance<\/h2><\/div><\/div>\n\n
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\n Streamline Data Collection <\/p>\n \n \n \n \n \n \n <\/svg>\n <\/button>\n \n \n \n \"Business\n\n

\n Automate manual and inefficient data collection and verification processes with access to 400-plus government registries and public records for less friction and a strong customer onboarding experience. <\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Fine-Tune Risk Management <\/p>\n \n \n \n \n \n \n <\/svg>\n <\/button>\n \n \n \n \"Business\n\n

\n Collect and analyze key data from an optimal blend of trusted government and proprietary sources. Draw from an expansive suite of verification and fraud mitigation capabilities to identify and monitor risk exposure. <\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Reinforce Reporting <\/p>\n \n \n \n \n \n \n <\/svg>\n <\/button>\n \n \n \n \"Business\n\n

\n Strengthen compliance reporting with customizable reports, audit trails and automated regulatory filings. With enriched business data and ongoing monitoring, compliance teams have deeper insights and better oversight, even across borders. <\/div>\n <\/div>\n <\/div>\n <\/div>\n
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\n Achieve Optimal Efficiency <\/p>\n \n \n \n \n \n \n <\/svg>\n <\/button>\n \n \n \n \"Business\n\n

\n Expertise in data collection and intelligent routing optimizes workflows for automated case decisioning or appropriate reviews. <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
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KYC and KYB Are Better Together<\/h2><\/div><\/div>\n\n
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With a holistic, integrated verification platform, organizations can harness the power of a global identity platform to deliver a fast, compliant and automated user\r\nexperience that optimizes onboarding.<\/p>\n <\/div>\n<\/div>\n\n\n

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Unlock Value<\/h6>\n

Optimize onboarding costs with increased speed, accuracy and coverage<\/p>\n<\/div>\n <\/div>\n

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Unlock Compliance<\/h6>\n

Achieve compliance with deep-dive identification and verification of ultimate beneficial owners<\/p>\n<\/div>\n <\/div>\n

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Unlock Flexibility<\/h6>\n

Customize verification to meet changing needs and evolving risk and fraud assessments<\/p>\n<\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n

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Fight Business Identity Fraud From the Start<\/h4>\n

Business identity theft commonly stems from fraud presentation at onboarding. Fraudsters acquire a company\u2019s data and falsely represent it to apply for credit, sell illegitimate wares or commit further fraud on a platform under the guise of a legitimate business.<\/p>\n

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Confirm the Submitter Works for the Business<\/h5>\n

Trulioo helps organizations combat business identity fraud at onboarding. A simple, low-friction check verifies the person\u2019s employment at the company. That natural extension of the business verification process can mitigate fraud and provide an additional risk signal for final decisioning.<\/p>\n

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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\u2019 businesses.<\/h4>\t\t\t\t
\n\t\t\t\t\tPhilippe Panneton, Nuvei senior vice president, Global Risk & Underwriting\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n\n\n
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Expand Your Global Reach With Trulioo<\/p>\n \n\t\tBook a demo<\/a> <\/div>\n<\/div>\n\n\n

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\n\t\t\t\t<\/span>\n\t\t\t\tBuyer’s guide\t\t\t<\/p>\n\t\t\t

Introduction to Business Verification<\/h5>\n\t\t\t

\n\t\t\t\tLearn how automation, layered capabilities and state-of-the-art technology can accelerate global onboarding while maintaining security and compliance.\t\t\t<\/p>\n\t\t\tDownload the buyer’s guide<\/a>\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n

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Deepen Your Knowledge of Business Verification<\/h3> <\/div>\n <\/div>\n
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\n <\/span>\n Business Verification (KYB) <\/p>\n

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Case Studies  \n <\/p>\n

Consensys Captures Global Verification Efficiency<\/h3> <\/div>\n<\/div>\n<\/div>\n\n