Reinventing
KYB

Our mission is to deliver an exceptional experience for any company on earth to validate businesses they want to work with.

Our approach is becoming the accepted global standard for KYB.

What is KYB?

"Know your Business"

The business version
of KYC.

It's a process companies use to verify the identity and legitimacy of other businesses they interact with.

The process is full lifecycle, from initial onboarding through to ongoing monitoring.

It includes KYC of Directors and Ultimate Beneficial Owners.

KYB is broken, but still accepted

We have a registration through to onboarded drop-out rate of over 50%.

We would like to increase revenue by driving more applications by having a better onboarding process that we can shout about.

Data providers promise us data coverage & attributes but often this is lacking and we require information from the business to complete onboarding.

We don’t get any notifications or alerts if an existing customers information changes.

We currently have multiple systems that we need to access to get information, we then need to manually collate all of this and analyse.

We have tried to fix this by connecting to multiple data vendors but it just wasn’t enough.

Setting new standards
for KYB,

for all involved.

Compliance Teams

Providing both the necessary tools and data required to ensure the teams that run compliance operations can deliver on their AML requirements.

Commercial Teams

Given full visibility of all customer applications in their CRM system and also benefit from accelerated decisions ensuring improved time to revenue.

Customers

Simple, personalised onboarding experience which only asks for essential information based on their location, business type or the product they want to apply for.

Detected has changed the game, taking best-in-class consumer onboarding experiences and replicating them for KYB.

James Mirfin, SVP, Global Head of Risk and Identity Solutions at VISA.

What truly sets Detected apart are their automation capabilities and user-friendly experience, both for our teams and our customers; aiming for the majority of our onboards to become fully automated, saving us countless hours and resources.

Nick Zapponi, Head of Product, B2B & Enterprise