AU10TIX KYB Rapidly Validates Businesses and Owners In One Unified Flow

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Robust Know Your Business (KYB) and Know Your Customer (KYC) Solution Validates Info Against Global Registries and Jurisdictions

AU10TIX - Secure Customer Onboarding (PRNewsfoto/AU10TIX)

TEL AVIV, Israel, Feb. 27, 2024 /PRNewswire/ —  AU10TIX, a global technology leader in identity verification and management, today launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with Know Your Customer (KYC) processes, the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated entities.

Increasingly rigorous regulatory demands are forcing businesses across all sectors to collect and analyze more data about the identities of their partners and vendors. Companies must also ensure that they are not working with unscrupulous businesses involved in identity theft, fraud, money laundering, terrorist financing or other crimes. However, most available KYB solutions are limited in scope, forcing companies to engage with multiple vendors for KYC, forgery tests, serial fraud detection and other crucial capabilities.

AU10TIX’s unified KYB and KYC solution…

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