{"id":496,"date":"2026-06-05T10:48:00","date_gmt":"2026-06-05T00:48:00","guid":{"rendered":"https:\/\/nexiant.ai\/resources\/blogs\/?p=496"},"modified":"2026-06-09T16:00:06","modified_gmt":"2026-06-09T06:00:06","slug":"kyb-compliance-business-verification-ubo-checks","status":"publish","type":"post","link":"https:\/\/nexiant.ai\/resources\/blogs\/kyb-compliance-business-verification-ubo-checks\/","title":{"rendered":"KYB Compliance: How to Verify Businesses, UBO&#8217;s and Corporate Structures"},"content":{"rendered":"\n<style>\n  .nx-blog * { box-sizing: border-box; margin: 0; padding: 0; }\n  .nx-blog { font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, sans-serif; font-size: 16px; line-height: 1.75; color: #1a1a2e; max-width: 820px; margin: 0 auto; }\n  .nx-blog h2 { font-size: 1.55rem; font-weight: 700; color: #00184C; margin: 2.5rem 0 0.75rem; padding-bottom: 0.4rem; border-bottom: 3px solid #073EA1; }\n  .nx-blog h3 { font-size: 1.15rem; font-weight: 700; color: #073EA1; 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background: #EEF2FF; display: flex; align-items: center; justify-content: center; transition: transform 0.25s; }\n  .nx-faq-q .nx-chevron svg { width: 10px; height: 10px; stroke: #073EA1; fill: none; }\n  .nx-faq-q[aria-expanded=\"true\"] .nx-chevron { transform: rotate(180deg); background: #073EA1; }\n  .nx-faq-q[aria-expanded=\"true\"] .nx-chevron svg { stroke: #fff; }\n  .nx-faq-a { display: none; padding: 0 1.25rem 1rem; font-size: 0.92rem; color: #333; line-height: 1.7; background: #fff; }\n  .nx-faq-a.open { display: block; }\n\n  .nx-cta { background: linear-gradient(135deg, #00184C 0%, #073EA1 100%); border-radius: 12px; padding: 2rem; text-align: center; margin-top: 2.5rem; }\n  .nx-cta h3 { color: #fff; font-size: 1.3rem; font-weight: 700; margin-bottom: 0.5rem; }\n  .nx-cta p { color: #AEC9FF; font-size: 0.95rem; margin-bottom: 1.25rem; }\n  .nx-cta a { display: inline-block; background: #E11A1A; color: #fff; font-weight: 700; font-size: 0.95rem; padding: 0.7rem 1.8rem; border-radius: 6px; text-decoration: none; transition: background 0.2s; }\n  .nx-cta a:hover { background: #A30000; }\n  .nx-divider { border: none; border-top: 1px solid #e0e7f5; margin: 2rem 0; }\n  .nx-disclaimer { font-size: 0.8rem; color: #888; font-style: italic; text-align: center; margin-top: 1.5rem; }\n<\/style>\n\n<div class=\"nx-blog\">\n\n  <div class=\"nx-hero\">\n    <span class=\"nx-tag\">KYB Guide &nbsp;\u00b7&nbsp; June 2026 &nbsp;\u00b7&nbsp; Global Focus<\/span>\n    <p class=\"nx-meta\">KYB compliance helps regulated businesses understand who they are dealing with, who controls a company and whether a business relationship creates financial crime risk.<\/p>\n  <\/div>\n\n  <p>KYB compliance is becoming more important as businesses onboard companies, trusts, partnerships and complex corporate groups through digital channels. A registered company may look legitimate at first glance, but the real risk often sits behind the ownership structure, operating jurisdiction, industry exposure or beneficial ownership profile.<\/p>\n\n  <p>For risk management and fraud prevention teams, this creates a practical challenge. They need to verify the business, understand who owns or controls it, assess relevant risk indicators and keep enough evidence to support the decision. That process is known as Know Your Business, or KYB.<\/p>\n\n  <p>When KYB is done well, it supports faster onboarding without weakening control. It also connects business verification with wider checks such as <a href=\"\/solutions\/membercheck\/pep-sanctions-screening\/\" class=\"nx-inline-link\">PEP and sanctions screening<\/a>, <a href=\"\/solutions\/membercheck\/adverse-media-screening\/\" class=\"nx-inline-link\">adverse media screening<\/a>, <a href=\"\/solutions\/membercheck\/aml-risk-assessment\/\" class=\"nx-inline-link\">AML risk assessment<\/a> and ongoing monitoring.<\/p>\n\n  <div class=\"nx-media\">\n    <img decoding=\"async\"\n      src=\"data:image\/svg+xml,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' width='820' height='460' viewBox='0 0 820 460'%3E%3Cdefs%3E%3ClinearGradient id='g' x1='0' y1='0' x2='1' y2='1'%3E%3Cstop offset='0' stop-color='%2300184C'\/%3E%3Cstop offset='1' stop-color='%23073EA1'\/%3E%3C\/linearGradient%3E%3C\/defs%3E%3Crect width='820' height='460' rx='22' fill='url(%23g)'\/%3E%3Crect x='70' y='95' width='185' height='220' rx='16' fill='%23ffffff' opacity='0.94'\/%3E%3Crect x='318' y='95' width='185' height='220' rx='16' fill='%23ffffff' opacity='0.88'\/%3E%3Crect x='565' y='95' width='185' height='220' rx='16' fill='%23ffffff' opacity='0.82'\/%3E%3Cpath d='M255 205h63M503 205h62' stroke='%23AEC9FF' stroke-width='10' stroke-linecap='round'\/%3E%3Ccircle cx='162' cy='145' r='26' fill='%23073EA1' opacity='0.95'\/%3E%3Ccircle cx='410' cy='145' r='26' fill='%23073EA1' opacity='0.95'\/%3E%3Ccircle cx='657' cy='145' r='26' fill='%23073EA1' opacity='0.95'\/%3E%3Ctext x='162' y='208' text-anchor='middle' font-family='Arial, sans-serif' font-size='20' font-weight='700' fill='%2300184C'%3EBusiness%3C\/text%3E%3Ctext x='162' y='237' text-anchor='middle' font-family='Arial, sans-serif' font-size='18' fill='%2300184C'%3Everification%3C\/text%3E%3Ctext x='410' y='208' text-anchor='middle' font-family='Arial, sans-serif' font-size='20' font-weight='700' fill='%2300184C'%3EOwnership%3C\/text%3E%3Ctext x='410' y='237' text-anchor='middle' font-family='Arial, sans-serif' font-size='18' fill='%2300184C'%3Eand control%3C\/text%3E%3Ctext x='657' y='208' text-anchor='middle' font-family='Arial, sans-serif' font-size='20' font-weight='700' fill='%2300184C'%3ERisk%3C\/text%3E%3Ctext x='657' y='237' text-anchor='middle' font-family='Arial, sans-serif' font-size='18' fill='%2300184C'%3Eassessment%3C\/text%3E%3Crect x='190' y='355' width='440' height='48' rx='24' fill='%23AEC9FF' opacity='0.22'\/%3E%3Ctext x='410' y='386' text-anchor='middle' font-family='Arial, sans-serif' font-size='24' font-weight='700' fill='%23ffffff'%3EKYB compliance workflow%3C\/text%3E%3C\/svg%3E\"\n      alt=\"KYB compliance workflow showing business verification, beneficial ownership and risk assessment\"\n      loading=\"lazy\"\n      width=\"820\"\n      height=\"460\"\n    >\n    <p class=\"nx-caption\">KYB checks should connect company verification, beneficial ownership, control structures and risk assessment in one onboarding workflow.<\/p>\n  <\/div>\n\n  <div class=\"nx-callout\">\n    <div class=\"nx-callout-title\">Quick answer<\/div>\n    <p>KYB compliance is the process of verifying a business customer, identifying its ownership and control structure, assessing financial crime risk and keeping records that support onboarding and ongoing monitoring decisions.<\/p>\n  <\/div>\n\n  <h2 id=\"what-is-kyb-compliance\"><span class=\"ez-toc-section\" id=\"What_is_KYB_Compliance\"><\/span>What is KYB Compliance?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>KYB compliance means Know Your Business. It is the process used to verify a business customer before entering into a relationship with that entity.<\/p>\n\n  <p>In simple terms, KYB helps answer four questions. Does the company exist? Who owns it? Who controls it? Does the relationship create financial crime risk?<\/p>\n\n  <p>The process can apply to companies, partnerships, trusts, charities, funds, corporate groups and other legal structures. Because each structure can create different risks, KYB should be based on the business type and risk profile rather than a single checklist.<\/p>\n\n  <h2 id=\"why-kyb-matters\"><span class=\"ez-toc-section\" id=\"Why_KYB_Matters_for_Risk_and_Fraud_Teams\"><\/span>Why KYB Matters for Risk and Fraud Teams<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>Criminals can misuse legal entities to hide ownership, move funds or create the appearance of legitimate business activity. For that reason, business onboarding needs more than a company name and registration number.<\/p>\n\n  <p>Fraud and compliance teams also face operational pressure. Sales teams want business customers onboarded quickly. Regulators expect proper due diligence. Meanwhile, fraudsters may use shell companies, nominee directors, complex ownership layers or high risk jurisdictions to create distance from the person who ultimately controls the entity.<\/p>\n\n  <p>As a result, KYB has become a key control for regulated businesses. It helps teams identify ownership risk earlier and avoid treating corporate customers as simple records in a database.<\/p>\n\n  <div class=\"nx-grid\">\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M3 3h14v2H3zm0 4h14v2H3zm0 4h10v2H3zm0 4h7v2H3z\"\/><\/svg><\/div>\n      <h4>Company Legitimacy<\/h4>\n      <p>Verify whether the business exists and whether key registration details are consistent.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M13 6a3 3 0 11-6 0 3 3 0 016 0zm5 10a7 7 0 00-14 0h14z\"\/><\/svg><\/div>\n      <h4>Ownership and Control<\/h4>\n      <p>Identify beneficial owners, directors, officers and other controlling parties.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M10 1L3 5v6c0 4.25 3 8.22 7 9 4-.78 7-4.75 7-9V5l-7-4zm0 2.18l5 2.78V11c0 3.13-2.18 6.07-5 6.93C7.18 17.07 5 14.13 5 11V5.96l5-2.78z\"\/><\/svg><\/div>\n      <h4>Screening Risk<\/h4>\n      <p>Check owners and entities against sanctions, PEP and adverse media data.<\/p>\n    <\/div>\n    <div class=\"nx-card\">\n      <div class=\"nx-card-icon\"><svg viewBox=\"0 0 20 20\"><path d=\"M10 2a8 8 0 100 16A8 8 0 0010 2zm1 11H9V9h2v4zm0-6H9V5h2v2z\"\/><\/svg><\/div>\n      <h4>Audit Evidence<\/h4>\n      <p>Keep clear records of what was checked, what was found and why a decision was made.<\/p>\n    <\/div>\n  <\/div>\n\n  <h2 id=\"kyb-vs-kyc\"><span class=\"ez-toc-section\" id=\"KYB_vs_KYC_What_is_the_Difference\"><\/span>KYB vs KYC: What is the Difference?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>KYC focuses on individuals. KYB focuses on businesses. The two processes often overlap because a business customer is usually connected to individuals who own, control or act on behalf of the entity.<\/p>\n\n  <p>For example, a company may pass a registration check, but one of its beneficial owners may appear on a sanctions list or be linked to adverse media. In that situation, the business cannot be assessed properly unless KYB and individual screening work together.<\/p>\n\n  <div class=\"nx-table-wrap\">\n    <table class=\"nx-table\">\n      <thead>\n        <tr>\n          <th>Area<\/th>\n          <th>KYC<\/th>\n          <th>KYB<\/th>\n        <\/tr>\n      <\/thead>\n      <tbody>\n        <tr>\n          <td><strong>Primary subject<\/strong><\/td>\n          <td>Individual customers<\/td>\n          <td>Business customers and legal entities<\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Main checks<\/strong><\/td>\n          <td>Identity, document, PEP, sanctions and adverse media checks<\/td>\n          <td>Company registration, ownership, control, industry, jurisdiction and entity screening<\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Risk focus<\/strong><\/td>\n          <td>Personal identity and individual financial crime exposure<\/td>\n          <td>Corporate misuse, hidden ownership and business relationship risk<\/td>\n        <\/tr>\n        <tr>\n          <td><strong>Ongoing need<\/strong><\/td>\n          <td>Monitoring for changes in personal risk indicators<\/td>\n          <td>Monitoring for ownership, status, sanctions, media and business activity changes<\/td>\n        <\/tr>\n      <\/tbody>\n    <\/table>\n  <\/div>\n\n  <h2 id=\"what-kyb-checks-should-include\"><span class=\"ez-toc-section\" id=\"What_KYB_Checks_Should_Include\"><\/span>What KYB Checks Should Include<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>A strong KYB process should bring together business data, ownership information and risk indicators. However, the exact workflow should reflect the customer type, sector, country and intended relationship.<\/p>\n\n  <p>For most regulated businesses, the core KYB checks include the following areas.<\/p>\n\n  <div class=\"nx-obligations\">\n    <div class=\"nx-obl-item\">\n      <h4>Business identity verification<\/h4>\n      <p>Confirm the business name, registration number, legal status, registered address and key company details through reliable sources.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Ownership and control mapping<\/h4>\n      <p>Identify beneficial owners, directors, officers and other parties who own, control or influence the business.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Entity and individual screening<\/h4>\n      <p>Screen the company and associated people against PEP, sanctions and adverse media data.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Jurisdiction and industry risk review<\/h4>\n      <p>Assess whether the business operates in high risk countries, high risk sectors or markets with elevated financial crime exposure.<\/p>\n    <\/div>\n    <div class=\"nx-obl-item\">\n      <h4>Risk tier classification<\/h4>\n      <p>Assign a risk level that reflects the business profile and triggers the right level of review, escalation or enhanced due diligence.<\/p>\n    <\/div>\n  <\/div>\n\n  <h2 id=\"beneficial-ownership\"><span class=\"ez-toc-section\" id=\"Why_Beneficial_Ownership_is_Central_to_KYB\"><\/span>Why Beneficial Ownership is Central to KYB<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>Beneficial ownership sits at the centre of KYB because registered ownership does not always show who ultimately controls a company. A business may use corporate layers, nominee arrangements or legal structures that make control harder to identify.<\/p>\n\n  <p>FATF has strengthened global expectations around beneficial ownership transparency. Its guidance explains the need for adequate, accurate and up to date beneficial ownership information, particularly where legal persons could be misused for money laundering or terrorist financing. <a href=\"https:\/\/www.fatf-gafi.org\/en\/publications\/Fatfrecommendations\/Guidance-Beneficial-Ownership-Legal-Persons.html\" class=\"nx-inline-link\">Read FATF&#8217;s guidance on beneficial ownership of legal persons<\/a>.<\/p>\n\n  <p>For business decision makers, this has a practical implication. KYB checks should not stop at the first company record. They need to identify the people behind the business and show how the organisation reached its onboarding decision.<\/p>\n\n  <div class=\"nx-callout nx-callout--warning\">\n    <div class=\"nx-callout-title\">Compliance note<\/div>\n    <p>KYB checks should be proportionate to risk. Low risk businesses may need a simpler workflow, while complex ownership structures, high risk sectors or unusual jurisdictions may require enhanced due diligence.<\/p>\n  <\/div>\n\n  <h2 id=\"common-kyb-red-flags\"><span class=\"ez-toc-section\" id=\"Common_KYB_Red_Flags\"><\/span>Common KYB Red Flags<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>Not every KYB red flag means the relationship should be rejected. However, red flags should prompt closer review and a documented decision.<\/p>\n\n  <p>Examples include:<\/p>\n\n  <ul>\n    <li>Complex ownership structures that do not have a clear commercial reason.<\/li>\n    <li>Beneficial owners located in high risk or sanctioned jurisdictions.<\/li>\n    <li>Frequent changes in directors, shareholders or registered addresses.<\/li>\n    <li>Company activity that does not match the stated business purpose.<\/li>\n    <li>Adverse media linked to the entity, directors or beneficial owners.<\/li>\n    <li>Use of nominee arrangements without enough supporting context.<\/li>\n    <li>Reluctance to provide ownership information or source of funds details.<\/li>\n  <\/ul>\n\n  <p>These indicators should feed into the wider <a href=\"\/solutions\/membercheck\/aml-risk-assessment\/\" class=\"nx-inline-link\">AML risk assessment<\/a> process, rather than sitting as isolated notes in an onboarding file.<\/p>\n\n  <h2 id=\"how-nexiant-supports-kyb\"><span class=\"ez-toc-section\" id=\"How_Nexiant_Supports_KYB_Compliance\"><\/span>How Nexiant Supports KYB Compliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>Nexiant&#8217;s <a href=\"\/solutions\/membercheck\/business-screening\/\" class=\"nx-inline-link\">Business Screening KYB<\/a> capability helps regulated businesses verify companies, identify beneficial owners and assess corporate structures across global markets.<\/p>\n\n  <p>Through MemberCheck, teams can connect business verification with PEP and sanctions screening, adverse media checks, jurisdiction risk indicators and risk tier classification. This makes it easier to move from basic company lookup to a structured business risk view.<\/p>\n\n  <p>This matters because KYB is rarely a single check. A better workflow connects the company, its owners, its activity, its jurisdictional exposure and its ongoing monitoring needs. As a result, compliance and fraud teams can make faster decisions while keeping stronger evidence for review.<\/p>\n\n  <h2 id=\"questions-to-ask\"><span class=\"ez-toc-section\" id=\"Questions_to_Ask_Before_Choosing_KYB_Software\"><\/span>Questions to Ask Before Choosing KYB Software<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <p>Before selecting KYB software, decision makers should look at data coverage, workflow depth and audit readiness. The best choice will depend on the business model and the level of risk being managed.<\/p>\n\n  <p>Useful questions include:<\/p>\n\n  <ul>\n    <li>Which countries, registries and business data sources are covered?<\/li>\n    <li>Can the platform identify beneficial owners and corporate control structures?<\/li>\n    <li>Can businesses and associated individuals be screened in the same workflow?<\/li>\n    <li>Does the platform support PEP, sanctions and adverse media checks?<\/li>\n    <li>Can the system assign a business risk tier based on defined risk factors?<\/li>\n    <li>Are onboarding decisions and supporting evidence stored for audit?<\/li>\n    <li>Can KYB checks connect with ongoing monitoring and transaction monitoring?<\/li>\n    <li>Can workflows be configured for different entity types, markets or risk levels?<\/li>\n  <\/ul>\n\n  <p>These questions help separate a simple company lookup tool from a KYB process that supports risk based compliance.<\/p>\n\n  <hr class=\"nx-divider\">\n\n  <h2 id=\"frequently-asked-questions\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n  <div class=\"nx-faq\">\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">What is KYB compliance?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">KYB compliance, or Know Your Business, is the process of verifying a business customer, identifying ownership and control, assessing financial crime risk and keeping records that support onboarding and monitoring decisions.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">How is KYB different from KYC?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">KYC focuses on verifying individual customers. KYB focuses on verifying business customers, including the company, beneficial owners, directors, control structure, industry, jurisdiction and related financial crime risk indicators.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">Why is beneficial ownership important in KYB?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">Beneficial ownership is important because the person who ultimately owns or controls a business may not be obvious from the company name or registration record. Identifying beneficial owners helps detect hidden control, sanctions exposure, PEP risk and other financial crime indicators.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">What should KYB checks include?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">KYB checks should usually include company verification, ownership and control mapping, beneficial owner screening, director and officer checks, PEP and sanctions screening, adverse media checks, jurisdiction risk review and risk tier classification.<\/div>\n    <\/div>\n    <div class=\"nx-faq-item\">\n      <button class=\"nx-faq-q\" aria-expanded=\"false\">How does KYB support AML compliance?<span class=\"nx-chevron\"><svg viewBox=\"0 0 10 6\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M1 1l4 4 4-4\"\/><\/svg><\/span><\/button>\n      <div class=\"nx-faq-a\">KYB supports AML compliance by helping regulated businesses understand who they are dealing with, who controls a business customer and whether the relationship creates elevated financial crime risk. It also supports customer due diligence, enhanced due diligence and ongoing monitoring.<\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"nx-cta\">\n    <h3>Strengthen business verification and KYB compliance<\/h3>\n    <p>Nexiant helps regulated businesses verify companies, identify beneficial owners and connect KYB checks with wider AML screening and risk assessment workflows.<\/p>\n    <a href=\"https:\/\/nexiant.ai\/contact-us\/\">Speak to our KYB team<\/a>\n  <\/div>\n\n  <p class=\"nx-disclaimer\">This article was accurate at the time of publication in June 2026 and is intended for general informational purposes only. It does not constitute legal, regulatory or compliance advice. Organisations should seek qualified professional counsel in relation to their specific obligations.<\/p>\n\n<\/div>\n\n<script>\n  document.querySelectorAll('.nx-faq-q').forEach(function(btn) {\n    btn.addEventListener('click', function() {\n      var expanded = this.getAttribute('aria-expanded') === 'true';\n      this.setAttribute('aria-expanded', !expanded);\n      this.nextElementSibling.classList.toggle('open', !expanded);\n    });\n  });\n<\/script>\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is KYB compliance?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"KYB compliance, or Know Your Business, is the process of verifying a business customer, identifying ownership and control, assessing financial crime risk and keeping records that support onboarding and monitoring decisions.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How is KYB different from KYC?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"KYC focuses on verifying individual customers. 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A registered company may [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":497,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36,15],"tags":[],"class_list":["post-496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-know-your-business-kyb","category-risk-management"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/comments?post=496"}],"version-history":[{"count":1,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/496\/revisions"}],"predecessor-version":[{"id":498,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/posts\/496\/revisions\/498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/media\/497"}],"wp:attachment":[{"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/media?parent=496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/categories?post=496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nexiant.ai\/resources\/blogs\/wp-json\/wp\/v2\/tags?post=496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}