Business Verification (KYB)
Article | 2 min
Article | 3 min
Discover the keys to mastering layered business verification to enhance onboarding and establish powerful, trusted relationships.
Marketplaces
Article | 4 min
Marketplaces can face delayed expansion and higher costs when they don’t have a sound business onboarding approach in place prior to entering a new region.
Under DAC7, digital platforms are required to report income earned by sellers on the site including sales, rental income, capital gains or fees.
Article | 5 min
Effective Know Your Business (KYB) solutions gathers and verifies company information to help ensure the legitimacy of a business account.
The ability to integrate KYC and KYB workflows saves time and money, improves accuracy and potentially reduces onboarding time.
The INFORM Consumers Act poses a new challenge for online marketplaces to ensure compliance without adding unnecessary friction for sellers.
Identifying and verifying UBOs (Ultimate Beneficial Owner) are fundamental requirements for AML/KYC compliance; best practices include automation.
Screen customers against global watchlists, reduce risk and comply with AML/KYC regulations with automated processes.
Effective marketplace vendor onboarding provides a great experience and helps establish security, fraud prevention measures, and trust and safety.
KYC
A robust Customer Identification Program (CIP) helps deliver regulatory compliance and prevent fraudulent activities.
Article | 6 min
Many countries have already established eKYC (electronic Know Your Customer) regulations for the digital and mobile realities of today.
To enable a trustworthy, safe and more transparent online environment, the Digital Services Act requires that traders be traceable.
