KYB
House the most trusted data to screen your business relations
With a single overview of ever-shifting PEPs or sanctions watchlists, stay abreast of the actions of your range of vendors, service providers and business partners.
Arrange a demoAchieve 90% reduction in false positives
Screen business Information in under 1 second
Increase operational efficiency by 30%
Screen multiple business providers. One workflow
In the B2B marketplace, understanding any merchant or service provider’s leaders, beneficial owners, and related parties is pivotal in avoiding reputational risk. Without some due diligence, entities that may end up on Politically Exposed Persons (PEPs) or sanctions lists – those with financial or personal ties to criminal activities – can continue to conduct business undetected.
Criminal network webs can be messy, and so can juggling separate data sources. After gaining valuable, timely data from trusted providers, housing it all in a single source of truth can make all the difference in matching businesses to screened watchlists. To do this, look no further than RelyComply.
Keep a constant watch for KYB success
Juggle regional entity screening rules
RelyComply offers expansive data coverage from many watchlists to account for varying definitions of PEPs and sanctions, and it integrates with custom lists.
End-to-end. Day to day
With consistent, around-the-clock matching capabilities, it’s easy to flag any risks from listed individuals as and when they advance in compliance.
A centralised hub for KYB Entity Screening
Do you have pre-set caution lists for your external party data? No problem. Integrate this information into one platform to maintain safety and security.
Set risk thresholds
RelyComply allows you to set default values and risk appetites per entity, resulting in accurate screening results with reduced false positives even when business data is missing.
Our proprietary algorithm
For accurate screening against valued sources, our AI-driven solution offers a multi-tiered name-matching solution that takes milliseconds and is not hindered by nuances related to spelling, company suffixes, or language-specific references.
Get started with RelyComply
React in real-time
Adjust your business screening risk thresholds according to ever-changing watchlists.
Bring out the power of AI
Screen business information against watchlists in under a second.
Get instant flags
Our platform’s instant flags identify risky actors, constantly identifying PEPs or sanctioned names.
Save time
We have helped customers achieve a 90% reduction in false positives.
Gain one single view
With an end-to-end platform, incorporate consistent watchlist screening to inform better KYB decisions.
Quick KYB insights
Beyond Due Diligence: How AI-Enhanced KYB is Reshaping AML Practices
The interconnected and digital nature of today’s global financial system has amplified the challenges of money laundering and terrorism financing. These constantly evolving threats demand a fundamental shift in our countermeasures, as conventional approaches, based on manual reviews and rigid rule systems, are struggling to keep pace with increasingly sophisticated criminal tactics. This article explores … Continued
RelyComply’s AML innovation recognised by the newly launched FinCrimeTech50
We’re proud to announce that RelyComply has been included in the first edition of the FinCrimeTech50 list, founded by specialist research company FinTech Global. The list celebrates trend-setters and pioneering technology companies reinventing the anti-money laundering (AML) and fraud prevention space. The timing is perfect: an estimated 50% of financial institutions are searching for new solutions … Continued
Revolutionising AML Compliance: The Impact of AI-Powered Transaction Monitoring
Advancements in RegTech are having a crucial effect on financial services’ approach to achieving AML compliance. Automation processes can provide accurate real-time risk alerts and continuous KYC, reducing manual work and, more importantly, the threat of laundered money moving through the system. Fuelling this tech revolution is AI, whose generative functions are reshaping operational processes … Continued