Business Verification

What Is Business Verification?

Business verification, widely known as KYB (Know Your Business), is the process of confirming that a company you are about to do business with is real, properly registered, and run by the people it claims. Where KYC verifies an individual, KYB verifies the legal entity itself: it confirms the company's registration and incorporation status, identifies and surfaces the directors and officers behind it, and screens the entity against sanctions and adverse-media watchlists. ID Analyzer returns all of this as a single structured result with a clear accept, review, or reject decision — so onboarding a business customer becomes as fast and auditable as onboarding an individual.

Why Business Verification Matters

Every B2B relationship — a new merchant, a supplier, a corporate banking customer, a marketplace seller operating as a company — carries risk if you cannot confirm the entity is legitimate. Regulators increasingly expect firms in finance, payments, lending, and crypto to perform KYB as part of their anti-money-laundering obligations, including identifying the people who own and control a corporate customer. Beyond compliance, robust business verification protects you from shell companies, fraudulent vendors, and entities hiding on sanctions lists.

Reduce Compliance Risk

KYB is a core pillar of AML programs. Verifying a business's registration and screening it against sanctions and watchlists creates the audit trail regulators and auditors expect, and reduces the chance of unknowingly onboarding a sanctioned or high-risk entity.

Stop Business Fraud

Fraudsters set up convincing-looking companies, impersonate real businesses, or list directors who never agreed to the role. Confirming the entity against official registries and identifying its real directors closes those gaps before money or access changes hands.

Onboard Faster With Less Manual Review

Manually pulling registry filings, reading incorporation documents, and cross-checking director names is slow and error-prone. Automated business verification collapses that work into seconds, so legitimate business customers get through onboarding quickly while only genuinely ambiguous cases reach a human.

How Business Verification Works

1. Upload the Registration Document

Submit the company's registration or incorporation document — or supply the company name and number directly when you already hold them.

2. Extract Company Details

The key details are read from the document and structured automatically: legal name, registration number, jurisdiction, and incorporation status. No manual data entry.

3. Check Official Registries

The entity is checked against official business registries to confirm it legally exists and to retrieve its current status, with graceful fallback so coverage stays reliable across jurisdictions.

4. Identify Directors and Officers

The directors and officers associated with the company are surfaced so you can verify the people who control or represent the business — and, where required, take them through individual identity checks.

5. Screen Against Sanctions and Watchlists

The business and the people behind it are screened against sanctions lists and watchlists, flagging any matches that need attention.

6. Get a Decision

A single structured result comes back — legal name, registration number, registry status, identified directors, and AML screening outcome — with a clear accept, review, or reject decision your systems can act on immediately.

One Call, One Decision

Every business verification bundles entity-existence confirmation, registration and status checks, director identification, and sanctions screening into a single call that costs 10 API credits. Clear cases pass automatically; only ambiguous ones are routed for review — so your team spends its time on the handful of cases that genuinely need a human, not the routine majority.