Summary
This document is a guide focused on the Know Your Business (KYB) onboarding process for 2026. It presents a statistical case study derived from the actual onboarding configurations used by various partners in compliance, fintech, and payments sectors. The guide outlines the specific data points collected during the KYB process, including company details, ownership structures, and verification checks applied to different entity layers such as the company, directors, authorized representatives, and shareholders. It details the methodologies used to gather this data, emphasizing the importance of compliance and the varying practices among partners. The guide also discusses the trends observed in document collection, risk assessment, and the application of verification checks, providing insights into how organizations can enhance their KYB processes. Additionally, it highlights areas for improvement in current practices, suggesting best practices for document requests and verification processes based on risk levels.
