Business Verification
Automate KYB Compliance and Accelerate Onboarding
Business Verification is a powerful identity platform that automates Know Your Business (KYB) checks using trusted sources like the IRS, Secretaries of State, and USPS. Designed for credit unions and financial institutions, it ensures compliance, reduces fraud, and speeds up onboarding all within Beastro.
Benefits
- Accelerated onboarding for business members
- Lower fraud risk through robust verification
- Streamlined compliance with CIP and AML regulations
- Seamless integration with Beastro workflows
- Audit-ready reporting for regulatory confidence
Key Features
- Automated Business Checks: Instantly validate business details including business name, address, officers, tax ID, and registration status across all 50 states, reducing manual effort and errors.
- Watchlist Screening: Enhance compliance with global sanctions and watchlist checks.
- Human Review for Exceptions: Ensure accuracy with expert manual review of complex cases.
- Custom Add-ons: Expand due diligence with adverse media, litigation, UCC liens, and bankruptcy checks.
- Secure Role-Based Access: Control permissions for admins and team members.
- Ongoing Monitoring: Receive alerts for changes in registration, risk status, and sanctions. (coming soon)
Integration with Beastro for Practical Efficiency
Business Verification is fully integrated into Beastro, enabling credit unions to manage KYB processes alongside onboarding and compliance workflows. This integration reduces manual steps, supports consistent data sharing, and streamlines monitoring, all within a secure, role-based environment.
FAQs
A KYB solution that confirms business legitimacy by verifying key details and screening for risk.
To meet regulatory requirements, reduce onboarding risk, and prevent fraud.
Legal name, address, officers, tax ID, registration status, and watchlist screening.
Most verifications are instant; complex cases are manually reviewed.
Yes, SOC 2-aligned, token-authenticated, and audit-ready.
All Beastro users can view the Business Verification module and access the interactive tutorial in the Knowledgebase. Beastro User Administrators may place a Business Verification order, view all related information, and manage the role assignments for specific team members to place orders.
Ready to See Business Verification in Action?
Book a personalized demo with a Beastro expert today and discover how Business Verification can transform your compliance strategy.