The KYB
The KYB Verification tool is a comprehensive solution that empowers global businesses to build trust and develop a risk-free corporate envi...
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What is The KYB?
The KYB is a business verification and Know Your Business (KYB) compliance platform that provides real-time access to official corporate registry data from 250+ countries and states. It serves as the world's largest primary data source for verifying businesses, covering 300M+ companies through 2000+ data sources. The platform delivers authentic data directly from government registries rather than intermediaries, ensuring current and audit-proof company information for corporate due diligence.
Key features include Business Verification with access to basic and detailed KYB data points (business name, registration number, address, shareholders, Ultimate Beneficial Owners), Enhanced Due Diligence with manual analyst curations for complex UBO structures, Compliance Screening with integrated AML checks on businesses and key people, and Perpetual KYB for continuous monitoring of business profile changes. The platform offers API integration for seamless system integration, a backoffice for manual due diligence management, Case Management for storing past KYB verifications and AML records, Participatory Chain for visualizing complex business structures, and on-demand document retrieval for public and paid business filings.
The KYB is designed for businesses conducting customer onboarding, financial institutions requiring AML compliance, cryptocurrency companies meeting regulatory obligations, payment processors verifying merchant identities, venture capital firms conducting investor due diligence, and any organization needing to verify business partners globally. It helps clients achieve KYB compliance, eliminate fraud risks, enable secure transactions, and fortify trust in the digital landscape while reducing manual verification costs by 50% and time per onboarding by 85%.
The KYB pricing
Pricing model: Free
The website features a ROI Calculator tool to estimate annual costs for manual KYB checks and demonstrates estimated annual savings with The KYB automated solution. The platform states it offers 50% cost reduction per KYB check and mentions 'parity pricing to make services accessible beyond borders.' Specific plan prices, free tier details, or paid plan structures are not explicitly published on the website - the company states 'We work with clients across all scales and volumes' and encourages contacting sales for pricing. The ROI calculator shows users can input their annual KYB check volume to see estimated savings compared to manual processes.
The KYB pros
- Real-time data from official government registries
- Coverage across 250+ countries and states
- 300M+ companies in the database
- 2000+ data sources amalgamated
- Direct integration with official registries, not intermediaries
- Integrated AML screening on businesses and people
- Ultimate Beneficial Owner (UBO) identification
- Enhanced Due Diligence with manual analyst review
- Perpetual KYB for continuous monitoring
- On-demand document retrieval for public and paid filings
- API-ready for seamless system integration
- Backoffice for manual due diligence management
- Case Management consolidating all KYB and AML records
- Participatory Chain for visualizing complex business structures
- Dual Data Access with offline registry backups preventing outages
- 95% service uptime via dual-data access
- JSON format responses for easy integration
- State-specific searches for US registry access
- No hidden pricing caps on document retrieval
- Parity pricing available for accessibility beyond borders
The KYB cons
- Enhanced Company Profile responses may take up to 30 minutes to process
- Maximum page parameter limited to 100 for performance
- Requires specifying country code for accurate results
- HTTPS endpoint may become mandatory in future
- API key security requires exclusive HTTPS usage
- Some company profiles originate from secondary data sources
- Manual analyst enhanced due diligence adds time
- Search requires minimum 3 character input
- Registration number or company name both required for search
- US searches require both country and state specification
Frequently asked questions about The KYB
What is The KYB and what does it do?
The KYB is a Know Your Business (KYB) service provider and business verification platform that delivers real-time access to authentic data from official government registries across 250+ countries and states. It verifies organizations with primary source data to help businesses comply with global compliance regulations, eradicate fraud, eliminate fraud risks, enable secure transactions, and fortify trust in the digital landscape. The platform covers 300M+ companies through 2000+ data sources.
How does The KYB API work?
The KYB API uses 'api.thekyb.com/api' as the base URL for every request and returns data in JSON format by default. Users must generate API keys from their back office settings under the API integration tab to authenticate requests. The API supports HTTP methods including GET and POST for endpoints like country listing, company search, retrieving company profiles, enhanced company profiles, and AML checks. HTTPS endpoints are recommended for enhanced security to protect API keys.
What countries does The KYB cover?
The KYB covers 250+ countries and states globally, including all major markets. Coverage includes the United Kingdom (country code GB), United States with state-specific access (requiring both country and state like 'united_states.texas' for Texas), and countries across Europe, Asia, Africa, Middle East, and Americas. The platform provides a KYB Countries Endpoint for accessing a comprehensive list of all supported KYB countries.
What data points does The KYB provide?
The KYB provides Basic KYB data (business name, registration number, registration date, status, address) and Detailed KYB data (shareholders, Ultimate Beneficial Owners/UBOs, public filings & documents). Additional data points include company officers, financial performance, filing history, change history, branches, events and announcements, accounts detail, confirmation statements, contacts, documents, previous names, addresses, and announcements. The platform also provides people detail including nationality, email, phone, designation, and appointment dates.
What is Perpetual KYB?
Perpetual KYB is The KYB's continuous monitoring service that tracks changes in business profile and activities. It provides continuous regulatory and agreement compliance monitoring and ongoing monitoring of company officers. This feature allows businesses to maintain up-to-date knowledge of their business partners without conducting repeated manual verification checks, ensuring ongoing compliance with KYB regulations.
How does The KYB's AML screening work?
The KYB offers integrated AML (Anti-Money Laundering) checks that can be performed on both businesses and their key people directly from the KYB platform. The API includes endpoints for 'performCompanyAml' and 'performOfficersAml' to submit AML requests. The service checks businesses and individuals against sanction lists and regulatory databases, screening for adverse media, regulatory enforcements, and KYC/AML risks on key people to proactively safeguard against money laundering threats.
What is Enhanced Due Diligence?
Enhanced Due Diligence is a service where The KYB's KYB Analysts manually sift through vast arrays of sources to curate extensive analysis reports. This includes UBO evaluation under complex structures, beneficiary layers unwrapping, and licenses and permit checks. Unlike automated registry searches, this service provides human-verified analysis for high-risk or complex business structures that require deeper investigation beyond standard registry data.
How do I search for companies using The KYB API?
Use the Company Search API at 'https://api.thekyb.com/api/search' with POST method. Required parameters include: 'search' (company name, 3-128 characters) or 'registration_number', 'country_names' (array like ['united_kingdom'] or ['united_states.texas']), and 'services' (must include ['kyb_check']). Optional 'search_type' allows 'start_with', 'contains', or 'fuzzy' matching. The response returns a unique 'request_id' which is then used with 'readKybResponse' endpoint to retrieve company profiles.
What is The KYB's data source approach?
The KYB sources data directly from official business registries instead of intermediaries or third-parties. This 'Official Sources' approach ensures data is primary, current, and rich. Data is sourced in real-time from the most updated state of business registries as required for KYB compliance. The platform goes beyond competitors to have corporate data sources across 250+ countries and states, amalgamating KYB data from variety of official sources for detailed intelligence almost instantaneously.
What are The KYB's key performance metrics?
The KYB reports 95% service uptime via dual-data access, 85% time reduction per business onboarding, and 50% cost reduction per KYB check. The platform offers Dual Data Access with offline registry backups to never face outages, running fresh KYB checks as soon as registries are back online. The company has 10 software engineers, 20 researchers, 20 data analysts, 10 marketers, 10 sales professionals, and 5 lawyers supporting the product.