The Importance of KYB in Banking

Until recently, banks were not required to verify the identity of owners, stakeholders, and beneficiaries of their customers, creating a legal gap that allowed bad actors to hide in plain sight in corporate structures.
 
 
That changed in 2016, with new Know Your Business (KYB) requirements for financial institutions required under the 2nd Payment Services Directive (PSD2). 

Start verifying your customers globally, with Global Data Consortium.

Global Data Consortium

We provide a single access point to local, high-quality reference data via our cloud-based platform for businesses that need to know the identities of their customers all over the world. 

Contact Us

Address: 
1101 Haynes Street, Suite 109
Raleigh, NC 27601

Phone: 
888.949.4389

Fax: 1 888.403.1102
Email:
sales@globaldataconsortium.com