Know Your Business (KYB) adapts KYC protocols for corporate entities. It involves verifying the legitimacy, ownership structure, and financial health of a company to assess potential risks.
Why it matters:
KYB is vital for BPOs and SaaS providers that work with multiple corporate partners, ensuring only reputable businesses are onboarded.
How Ubiquity helps:
Ubiquity’s due diligence teams streamline the KYB process with agile verification workflows, reducing potential risk exposure for our clients.
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