KYB, Fraud, and Compliance

Use Case : KYB, Fraud, and Compliance

Know Every Business. Trust Every Decision.

BQ Differentiators: ABC

Accuracy

Derived from government filings: IRS, Dept. of Labor, and 100K+ federal, state & local agencies — not surveys or estimates.

Breadth

360-degree view: firmographics, ownership, legal status, KYC checks, financials, executives, contacts, branches & locations.

Coverage

All U.S. companies & owners tracked — 102M organizations, 114M legal entities, 449M locations, 295M people.

Current Limitations for KYB / Compliance Firms

  • Fragmented identity data across states, registries, and jurisdictions creates blind spots in entity resolution and beneficial ownership tracing.
  • Static, point-in-time KYB checks miss structural changes — new entities, ownership shifts, and lien activity that emerge post-onboarding.
  • No standardized cross-referencing of EIN, Secretary of State, LEI, and OFAC records forces compliance teams to stitch data from multiple vendors.
  • Absence of continuous monitoring leaves compliance teams exposed — sanctions updates, new tax liens, ownership transfers, and insolvency signals accumulate unseen between review cycles.

Who Benefits

Banks & Credit Unions

Evaluating business customers with verified financial, legal & entity-resolved data; meeting KYC/KYB regulatory requirements with full transparency.

Fintech & Payments Providers

Accelerating onboarding with automated OFAC checks, UBO mapping & tax lien monitoring; distinguishing legitimate businesses from high-risk operators in seconds.

Marketplaces & Trade Finance

Complying with AML regulations; verifying counterparty legitimacy using legal, financial & compliance checks before funding or platform access.

Key BQ Data for KYB / Compliance

Identity & Entity Verification

Business & Legal Checks

  • Business & EIN check using 100K+ registration agencies.
  • DBA, current & prior legal names: all locations included.
  • Legal entity name & address (incl. history).
  • Legal status details: Active / Inactive, Good Standing.
  • Legal entity hierarchy identifying all controlling entities.

Ownership & Compliance Checks

  • OFAC and Tax Liens check: entity, ultimate parent, child entities & principals.
  • UBO mapping — directors, officers, beneficial owners verified.
  • Address verification: residential/commercial, vacancy, multi-entity flags.
  • Financial health check: income statement & balance sheet items and growth signals.
  • Related entities check — detect unusual activity across entities over time.

Additional BQ Data Elements

Ownership & Corporate Hierarchy

Full subsidiary maps, UBO identification, beneficial owner verification, and complete legal family tree structure.

Financial Health Signals

Standardized historical financials including income statement & balance sheet for credit and underwriting decisions.

Location Intelligence

HQ, branches, registered offices, business-linked addresses: verified, mapped & filterable by geography.

Identity Cross-Reference

EIN, Secretary of State ID, LEI cross-referenced; government-verified for audit-ready documentation.

Executive & Contact Data

Officers, directors, beneficial owners linked to authoritative sources; enriched with identity & contact data.

Historical Entity Data

Company identity & ownership history from 2010 to present; structural changes flagged over time.