Melissa Data Quality Platforms
Melissa's Full Spectrum DQ Approach. Learn More
ETL/MDM PlatformsMelissa offers a host of solutions for full spectrum data quality to ensure the success of your data.
Melissa Data Quality Tools
Verify, correct & cleanse contact data in 240+ countries.Melissa Identity Verification
Increase compliance, reduce fraud and improve onboarding. Visit Identity Verification SolutionsMelissa E-Commerce / CRM
Improve customer onboarding, marketing & fulfillment.Melissa Enrich
Gain insight into who and where your customers are.Popular Products
Melissa Mailing
Qualify for postal discounts with USPS CASS & PAVE Certified solutions.Melissa Industries
See how Melissa's solutions work across industries.Data Hygiene
Keep your mailing list up-to-date, qualify for postal discounts & reduce UAA mail.Data Enhancement
Enrich your consumer or business records for greater insight & omni-channel marketing success.SaaS
Clean and update your data in the cloud, no software to maintain.Verify & enrich your records with multi-sourced, authoritative reference datasets.
Why are KYB Checks needed in today’s world?
Managers often perform a cursory look-up against common and publicly open data sources such as company registers. In many cases, this type of check may not suffice as businesses face increasingly sophisticated fraud and financial transaction risks, as well regulatory compliance. Therefore, a flexible and more universal Know Your Business tool is required to perform a comprehensive and representative check of a business entity.
Business Screening & Onboarding
Gain access to unparalleled global data for Know Your Business verification using a unified API.
AML Regulatory Compliance
Sustain compliance with our extensive coverage of PEPs, sanctions, OFAC and adverse media, refreshed daily.
Automated Risk Assessments
Optimise efficiency by setting up KYB to automatically accept or reject businesses based on their risk levels.
Enrich Business Data
Enrichment of business data is available for select countries, enhancing the depth and accuracy of the CDD process.
Ongoing Monitoring Process
Customise workflows to align with your business risk profile and receive real-time alerts for identified cases.
Client Lifecycle Events
Implement routine checks at specific intervals throughout the business relationship.
How Does Our KYB Process Work?
The Melissa KYB knowledge base is exposed via a single, modern, fast, secure REST API endpoint or as a no code, out of the box service.
The service accepts company data attributes, e.g., names and addresses. The response comes in a JSON format, making it easy to consume by third-party applications such as client or vendor onboarding applications or ERP/CRM products that allow integrations.
Our KYB service provides a structured response and a list of result codes that help the user interpret the result.
Demonstrating Melissa KYB with a Flask-Based Python Web App.
A simple Python web app built with Flask demonstrates the capabilities of the Melissa KYB tool. The app has individual pages for each test company, displaying a business card-like summary of KYB checks with real-time information from the Melissa API.
Input data is stored in a static JSON file, though it could come from other sources in practice. Each company page uses the Melissa API to validate information from the KYB database.
For example, the Austrian company "Test Business AT" is confirmed active with a legal form of GmbH and a high confidence score, indicating it is a legitimate entity.
Single Scan
Through our single scan feature, individuals and entities can be checked against global data sets and real-time reference data. The results returned will provide a wealth of information that will aid in the onboarding and due diligence processes for new or existing business relationships.
Batch Scan
Melissa’s ID verification tools also have the capability to batch scan, helping businesses save time during the onboarding process by simultaneously checking a large number of entities against their chosen ID checking method. A good option is to use Melissa’s full service eIDV platform to undertake such checks.
No Code
Melissa’s electronic identity verification (eIDV) tools now come in a no code, out the box service which takes out the hassle of integration and lengthy set-up procedures. Just simply create an account via our online portal and gain instant access to our eIDV service.
