Traditional methods of onboarding and due diligence for companies often involve cumbersome processes, leading to inefficiencies and potential compliance gaps. Verify 365’s innovative international KYB solutions means law firms and other businesses can simplify and enhance their company verification methods. This article delves into the challenges associated with traditional methods of AML compliance and highlights the advantages of choosing Verify 365 for effortless compliance.

Challenges with Traditional Methods of KYB Company Checks AML Compliance for Companies:

One of the major challenges businesses face with traditional AML compliance methods is the cumbersome processes and inefficiencies. Manual checks and verification procedures are often time-consuming and labor-intensive, making it difficult to keep up with regulatory requirements. Law firms and other businesses that are relying on static, outdated databases and fragmented information from multiple sources can lead to inaccuracies and incomplete verification results.

Not only does this create inaccuracies but there is a time-consuming nature of due diligence. Companies must undergo lengthy and complex procedures to verify the authenticity of clients and partners. Company data can be difficult to find and accessing accurate and up-to-date information poses a significant hurdle, and businesses often find themselves conducting multiple searches across various platforms to ensure comprehensive checks.

Traditional methods of AML compliance pose the risk of inaccurate data and compliance gaps. When relying on secondary sources, there is a lack of reliability, potentially leading to the omission of crucial information. Identifying Ultimate Beneficial Owners (UBOs), a critical aspect of due diligence, becomes challenging without access to accurate and real-time data.

Why Verify 365 is the Solution for Effortless Compliance:

Verify 365 addresses these challenges by offering a comprehensive suite of KYB solutions that simplify company verifications globally. With streamlined processes, businesses can conduct Know Your Business (KYB) verifications more efficiently. Verify 365 provides a single platform for comprehensive KYB business checks, offering real-time access to primary source data from commercial registers worldwide.

Real-time company checks and UBO reports are essential components of Verify 365’s solutions. By leveraging live data sources, businesses gain access to accurate and up-to-date information, ensuring the integrity of their verification processes. Companies can obtain instant access to company filings, ownership structures, and thorough screenings for sanctions and adverse media, enhancing their due diligence capabilities.

Verify 365’s KYB solutions also enhance due diligence efficiency. By directly tracing UBOs across multiple jurisdictions, businesses eliminate the need for multiple searches, saving time and resources. This streamlined approach ensures seamless compliance for both companies and individuals, improving the efficiency of the verification process.

Data integrity and reliability are critical aspects of Verify 365’s offerings. By guaranteeing the accuracy and integrity of data, businesses can have confidence in accessing the most recent and reliable information. This mitigates fraud risks and compliance gaps, providing businesses with the assurance they need to meet regulatory requirements effectively.

Benefits of Verify 365’s KYB Solutions:

By adopting Verify 365’s KYB solutions, companies can experience numerous benefits. First and foremost, these solutions save time and resources. Rapid completion of checks and the generation of comprehensive reports reduce manual effort and administrative burdens. Businesses can allocate their resources more efficiently, focusing on core activities rather than being tied up in lengthy verification processes.

Real-time data access gives companies a competitive advantage. By leveraging live information, businesses can make timely and informed decisions, enabling them to stay ahead in a dynamic business environment. This access to real-time business insights transforms compliance into a strategic asset, providing companies with a competitive edge.

Verify 365 ensures compliance with the most recent EU Anti-Money Laundering Directive and domestic legislation. By utilizing comprehensive reports, businesses can demonstrate audit-proof compliance, giving them peace of mind and the ability to navigate regulatory requirements seamlessly.

At Verify 365, we offer comprehensive coverage for KYB company checks in various countries around the world to support your AML compliance needs. Let’s take a closer look at the countries we cover:

KYB Company Checks


North America Countries:




Asian Countries:


European Countries:


At Verify 365, we understand the importance of reliable data and real-time access for your business needs. Our goal is to support your AML compliance efforts by providing accurate and up-to-date information from government registers and commercial sources across multiple jurisdictions.

Please contact our Business Concierge Service to discuss how we can assist you with KYB company checks in a country that is not listed above. Our team is dedicated to providing exceptional support and ensuring that you have the necessary tools to comply with AML regulations effectively.