About KYB & Product Solution
AdvanGuard supports two KYB product solutions. Choose the one that fits your enterprise verification demands.
What is KYB?
KYB (Know Your Business) is the process of verifying a company's identity, ownership structure, and the individuals who control or benefit from it. AdvanGuard's KYB solution supports:
- Business Registry Verification —Verify the company name, registration number, registration country, etc.
- UBO (Ultimate Beneficial Owner) Verification — Identify individuals who own or control the business
- Individual KYC — Running standard KYC on key personnel, including UBOs, directors, and officers
- AML Screening — Screening company and individuals against PEP/Sanctions/Adverse Media lists
Two KYB Product Solutions
AdvanGuard currently offers two customer versions, allowing customers to flexibly choose the applicable version based on different enterprise verification demands.
Corporate Data Screening
Pure API access mode, supporting interface query services for original enterprise verification data. Customers make their own business decisions without involving any platform or form capabilities.
- Business Registry Verification (Standard / Advance / Pro)
- Beneficial Owner Verification
- Get Business Verification Result
Enterprise Full Lifecycle Management
One platform integrating information collection, ownership penetration, KYC and global AML screening to automate the full KYB lifecycle.
- Submit application (form or API)
- Application risk checks(subject company verification / ownership penetration /associated individal KYC)
- Application review & status tracking
Product Solution Comparison
| Dimension | Business Verification | KYB Application |
|---|---|---|
| Core Purpose | Conveniently request and retrieve results via API | Full KYB application lifecycle management |
| Integration Mode | Pure API (server-to-server) | From link or from open API |
| Platform Involvement | None — customer makes all decisions | AdvanGuard platform handles review & orchestration |
| Questionnaire Support | No | Yes (optional, configurable) |
| Manual Review | Not applicable | Yes — auditors review via AdvanGuard platform |
| Final Decision | Customer system | APPROVED / REJECTED |
| Risk Screening | Not included (separate AML product) | Included in risk checks(AML, Master/Visa card checks, etc.) |
| Individual KYC | Not included (separate KYC products) | Included in risk checks(IDV, etc.) |
| UBO Tracking | Via BO Verification API | Included with role types |
| Document Attachment | No | Yes (upload & attach supporting docs) |
| Best For | Customers wanting raw data access to build their own compliance flow | Customers needing a full-lifecycle KYB managament |
Updated about 2 months ago