Category

KYC, KYB & Identity

Identity providers verify consumers (KYC) and companies (KYB), run sanctions/PEP screening, and monitor risk over the customer lifecycle. Compare on document coverage, biometric accuracy, data sources per country, orchestration flexibility and pass rates.

Fintechs
Crypto platforms
Marketplaces
iGaming
Regulated enterprises
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In one minute

What it is

Services that verify who your customers are — people (KYC) and companies with their owners (KYB) — and screen them against sanctions, PEP and adverse-media lists.

What you get

Document and biometric checks, database and registry lookups, ownership mapping, screening, risk scoring, decision rules and audit trails.

What you still own

Your risk policy, the decision on who you accept, manual review, record keeping and ongoing due diligence. Outsourcing the check does not outsource the obligation.

When you need it

Whenever regulation or your partners require you to know your customer — and whenever fraud makes it worth knowing.

How it works

Many providers resell or combine third-party data sources. Ask which checks are performed in-house and which are passed through, per country.

Who does what

Risk policy and appetite

You
Owns
Provider
Advises
Licence holder
Approves (if you use their licence)

Data capture

You
Presents flow
Provider
Supplies SDK
Licence holder
—

Document and biometric checks

You
—
Provider
Performs
Licence holder
—

Registry and ownership lookups

You
—
Provider
Performs
Licence holder
—

Sanctions and PEP screening

You
Reviews matches
Provider
Screens
Licence holder
Oversees

Decision

You
Final decision
Provider
Suggests via rules
Licence holder
Sets minimum standards

Manual review

You
Performs
Provider
Supplies tooling
Licence holder
—

Record keeping

You
Retains
Provider
Stores per contract
Licence holder
Audits

Ongoing monitoring

You
Acts on alerts
Provider
Re-screens
Licence holder
Oversees

Use cases

Onboard consumers with document + selfie

Verify ID documents plus a liveness selfie, with automated decisioning and manual review fallback.

Read the use case

Verify businesses and UBOs

Pull company registry data, map the ownership tree, and screen directors/UBOs against sanctions and PEP lists.

Read the use case

Screen for sanctions, PEP and adverse media

Run initial and ongoing screening against global watchlists with configurable match thresholds.

Read the use case

Orchestrate multiple identity vendors

Route each user through the best-fit vendor by geography, risk score or document type — from one integration.

Read the use case
View all KYC, KYB & Identity use cases

What to compare

Country and document coverage

Gaps become manual work or lost customers

Ask: Which documents and countries are supported natively?

Pass rates and false rejects

Conversion versus risk

Ask: How do you measure pass rates, and can we test on our own traffic?

Liveness and fraud detection

Deepfakes and document fraud are rising

Ask: Which presentation-attack standards do you test against?

KYB depth

Business onboarding is slow without good registry data

Ask: Which registries, how is the ownership tree built, how current is the data?

Screening quality

False positives cost analyst time

Ask: Which lists, update frequency, fuzzy-matching controls?

Orchestration and rules

Different risk levels need different flows

Ask: Can we route by country, risk or document type?

Manual review tooling

Your team works in it daily

Ask: Case tools, audit trail, four-eyes approval?

Data protection

Biometric data is sensitive

Ask: Where is data processed and stored, and for how long?

Reliance and reuse

Avoids repeating checks

Ask: Can results be reused across products or partners?

How providers charge

Per verification

Often priced by check type — document, biometric, database

Per KYB lookup

Registry and ownership data priced per company or per source

Screening

Per screening event and per monitored entity per month

Platform fee

Monthly minimum or subscription

Manual review

If the provider offers analysts

Setup

Configuration and integration support

Ask each provider for the all-in cost at your expected volume, for year one and year three.

Regulatory context

EU

  • GDPR treats biometric data used for identification as special-category data
  • Some countries set specific rules for remote identification, such as video identification standards.

UK

  • The Money Laundering Regulations and JMLSG guidance set customer due diligence expectations
  • The UK is developing a digital identity trust framework.

US

  • Customer identification and beneficial-ownership requirements apply to covered financial institutions.

Orientation only, not legal advice.

What providers will ask you

Have these ready before you publish.

  • Customer types and countries
  • Expected verifications per month
  • Risk appetite and required assurance level
  • Regulatory status and licence holder
  • Current flow and pass rates
  • Data residency requirements

Red flags

  • Pass rates quoted without methodology or a trial
  • Coverage that silently falls back to manual review
  • Unclear data retention for biometrics
  • Screening lists updated infrequently
  • No audit trail export

How Finlane fits

Your RFP covers

  • Customer types and markets
  • Verification methods
  • KYB depth
  • Screening scope
  • Orchestration and rules
  • Manual review tooling
  • Data protection
  • Volumes and pricing
  1. 1Scope your verification requirements with the AI advisor
  2. 2Matching providers receive your brief
  3. 3Compare structured responses side by side
  4. 4Shortlist and run a test on your own traffic

Providers on Finlane

Browse all providers in the directory

Frequently asked questions

Related reading

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