Streamline your compliance process with consolidated KYB, KYC, IDV, and AML tools, reducing approval times and enhancing efficiency.
Ensure compliance with KYB/KYC regulations through detailed checks, enhancing your business security and trustworthiness.
Have instant access to over 242 million businesses (double the size of our nearest competitors)
Conduct thorough due diligence with CDD and EDD, ensuring you know your business partners inside out.
See how we can elevate your compliance strategy.
KYB (Know Your Business) and KYC (Know Your Customer) compliance are regulatory processes used to verify the identity and legitimacy of businesses and individuals. They are essential for preventing fraud, money laundering, and ensuring the security of financial transactions.
Worth ensures KYB/KYC compliance through detailed checks and multi-source data verification, enhancing your business security and trustworthiness. Our platform provides instant access to over 242 million businesses, offering comprehensive regulatory compliance.
Reducing the abandonment rate by up to 80% means that fewer customers will abandon the onboarding process due to lengthy or complicated compliance procedures. This leads to higher customer satisfaction and increased business opportunities.
Worth due diligence process includes detailed Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD). These processes ensure thorough assessment and risk evaluation of business partners, providing a deep understanding of their backgrounds and compliance status.
Multi-source data verification is the process of cross-referencing information from multiple data sources to verify the accuracy and authenticity of business and customer identities. This enhances security and reduces the risk of fraud.
CDD (Customer Due Diligence) involves basic background checks to verify the identity and assess the risk of a business partner. EDD (Enhanced Due Diligence) involves a deeper investigation into higher-risk customers or transactions, providing a more thorough understanding of potential risks.
Regulatory adherence is crucial for maintaining legal compliance, avoiding fines, and protecting your business reputation. It ensures that your business operations are in line with government regulations and industry standards.
Worth improves your business's compliance by providing comprehensive regulatory checks, detailed due diligence processes, and advanced identity verification. This ensures that your business meets all necessary compliance requirements, reducing legal and financial risks.
Industries such as banking, finance, insurance, payment processing, and any business involved in high-value transactions can benefit from Worth compliance solutions. Our platform ensures that these businesses adhere to regulatory requirements and mitigate risks.
