Clear, authoritative definitions of KYB, compliance, regulatory, and business data terminology.
50 articles
A
Adverse Media Screening
What adverse media screening is, what sources to monitor, and how negative news affects KYB decisions.
AML: Anti-Money Laundering
What Anti-Money Laundering means, the regulatory framework, and how AML compliance programs work.
AMLD: Anti-Money Laundering Directive
What the EU Anti-Money Laundering Directives are and how they shape European KYB and beneficial ownership requirements.
Auto-Verification: Instant Business Verification Without Manual Review
Understand auto-verification—the process of verifying businesses instantly through automated data checks, enabling fast onboarding without human review.
B
Beneficial Ownership
What beneficial ownership means, how it differs from legal ownership, and why it matters for KYB and AML.
BOI: Beneficial Ownership Information
What Beneficial Ownership Information means under the Corporate Transparency Act and how it's changing US corporate transparency.
BSA: Bank Secrecy Act
What the Bank Secrecy Act is, its reporting requirements, and how BSA shapes US anti-money laundering compliance.
Business Graph: Modeling Relationships Between Entities
Learn how business graphs represent companies as interconnected nodes—brands, entities, locations, and people—linked by ownership and operational relationships.
Business Identity: Brand, Entity, and Location
Understand the three dimensions of business identity—brand, legal entity, and location—and why connecting them matters for verification.
Business Registry
What business registries are, how they work across jurisdictions, and their role in KYB verification.
C
CBDDQ: Correspondent Banking Due Diligence Questionnaire
What the CBDDQ is, who uses it, and how standardized questionnaires streamline correspondent banking KYB.
CDD: Customer Due Diligence
What Customer Due Diligence means, the four pillars of the FinCEN CDD Rule, and how CDD applies to business verification.
CFT: Combating the Financing of Terrorism
What Combating the Financing of Terrorism means and how CFT requirements complement AML programs.
CIP: Customer Identification Program
What Customer Identification Program means and how CIP requirements form the foundation of identity verification.
Correspondent Banking
What correspondent banking is, its AML risks, and due diligence requirements for correspondent relationships.
CTA: Corporate Transparency Act
What the Corporate Transparency Act is and how it requires beneficial ownership reporting to FinCEN.
CTR: Currency Transaction Report
What a Currency Transaction Report is, when it's required, and how CTRs relate to cash-intensive businesses.
E
EDD: Enhanced Due Diligence
What Enhanced Due Diligence means, when it's required, and what additional measures EDD involves for high-risk relationships.
Entity Resolution: Connecting Fragmented Business Records
Learn how entity resolution matches and links business records across data sources to create unified, verified business identities.
Entity Verification
What entity verification means in KYB, what data points to verify, and how verification differs from identity proofing.
F
FATF: Financial Action Task Force
What FATF is, its 40 Recommendations, and how FATF shapes global anti-money laundering standards.
FinCEN: Financial Crimes Enforcement Network
What FinCEN is, its role in AML enforcement, and how it administers the Corporate Transparency Act's beneficial ownership database.
Formation Agent: Mass Incorporators and Shell Company Risk
Learn about formation agents—services that incorporate companies at scale—and how their presence factors into shell company detection.
K
M
Manual Review: Human Judgment in Business Verification
Understand manual review—when human analysts must evaluate business verification cases that can't be automatically decided.
Micro-Business: The Smallest Businesses with the Biggest Data Gap
Understand micro-businesses—the smallest segment of the business population and why they present unique KYB verification challenges.
Money Laundering
What money laundering is, the three stages of laundering, and how KYB helps prevent it.
O
OFAC: Office of Foreign Assets Control
What OFAC is, how it administers US sanctions, and what OFAC compliance means for KYB programs.
Ongoing Monitoring
What ongoing monitoring means for KYB, what triggers reviews, and how to maintain current customer knowledge.
Operating Location: Where Business Actually Happens
Understand the difference between operating locations—where businesses actually work—and registered or mailing addresses.
Operating Status: Is the Business Actually Active?
Understand operating status—the difference between registration status in government records and whether a business is actually conducting operations.
R
Registered Agent: Legal Contact for Business Entities
Understand registered agents—who they are, why businesses use them, and what their presence reveals about entity structures.
Reporting Company
What a reporting company is under the Corporate Transparency Act and which entities must file beneficial ownership reports.
Risk-Based Approach (RBA)
What the risk-based approach means in AML/KYB, how to apply proportionate due diligence, and regulatory expectations.
S
Sanctions Screening
What sanctions screening is, which lists to check, and how sanctions compliance applies to KYB verification.
SAR: Suspicious Activity Report
What a Suspicious Activity Report is, when to file one, and how SARs relate to KYB compliance.
SDD: Simplified Due Diligence
What Simplified Due Diligence means and when reduced verification requirements apply to lower-risk customers.
SDN: Specially Designated Nationals List
What the SDN List is, who's on it, and why SDN screening is critical for KYB compliance.
Secretary of State: The Source of Business Registration Data
Learn about Secretary of State offices as the authoritative source for business entity filings, registration status, and corporate records in the US.
Shell Company
What a shell company is, legitimate vs. illicit uses, and why shell companies present KYB challenges.
Sole Proprietor: The Person Is the Business
Understand sole proprietorships—businesses where there's no legal separation between owner and business, and the unique KYB challenges they present.
STP: Straight-Through Processing
What straight-through processing means in KYB, how automation enables STP, and when manual review is still needed.