B2B company verification (KYB + IBAN): do you know who you're selling to?
Every year, thousands of B2B companies lose money selling to businesses that are not who they claim to be. Identity theft, stolen VAT numbers, bank accounts that don't match the buyer. And when you try to reclaim, you discover you verified nothing.
Protect your onboarding →Real cases that happen every day in B2B
These are not theoretical scenarios. They are situations we have seen in real companies, all of which could have been prevented with automated verification at onboarding.
Business identity theft
A "client" registers with a legitimate company's data: name, tax ID, address. But behind them is a fraudster who buys goods in your name, receives them at a different address and disappears. You have delivered product to someone who was never your client.
Valid VAT, wrong company
Someone registers with a real intra-community VAT number that belongs to another company. They only change the delivery address. You sell VAT-free trusting the number is valid, but the real ownership doesn't match. When the tax authority investigates, the problem is yours.
Payment from third-party account
A company registers under one name and pays from another entity's bank account. It could be fraud, money laundering or simply an opaque structure. Without IBAN ownership verification, you have no way of knowing if the money comes from where it should.
Ghost company or shell company
Companies legally registered but with no real activity, no employees, no physical premises. Used to triangulate transactions, generate fake invoices or as a front for illicit activities. A KYB check detects the signals in seconds.
Automated KYB: verify in seconds what used to take days
Our verification module runs all checks in parallel and returns a result in under 2 seconds. No forms, no waiting, no manual intervention.
Company registry verification
We query company registries across Europe to confirm the business exists, is active, is not in insolvency proceedings and its data matches what was declared.
Beneficial owner identification (UBO)
We identify who really controls the company: directors, significant shareholders and ultimate beneficial owners. Cross-checked against sanctions lists, PEPs and international alerts.
AML/KYC screening
Automatic screening against international sanctions lists, politically exposed persons, adverse media and compliance databases. In real time with continuous monitoring.
From confirming the account to assessing client solvency
Not all clients require the same level of bank verification. The platform adapts depth based on each company's risk profile.
Confirms the account belongs to the company
We verify that the bank account holder matches the company that provided the IBAN. Prevents impersonation, erroneous collections and unnecessary chargebacks.
Confirms the client has real control over their account
Knowing the account exists is not enough. We verify your client has effective access to it. This ensures you collect from the right person and reduces chargebacks to near zero.
Real view of the client's financial health
For clients with elevated risk profiles or irregular payment behaviour, the platform obtains updated solvency indicators — a real reading of their financial situation, not outdated estimates.
Regulatory compliance you cannot ignore
European regulation requires regulated companies to verify their business counterparts. But even if your sector is unregulated, verification protects you from legal liability.
AML/AMLD6
The EU's 6th Anti-Money Laundering Directive expands due diligence obligations and criminal liability for negligence.
PSD2 / Open Banking
Enables bank data verification with account holder consent. Access to balances and transactions for solvency assessment.
FATF / GAFI
International anti-money laundering standards requiring identification of ultimate beneficial owners (UBO) in B2B transactions.
GDPR
Verification data is treated with maximum protection. We only access what is necessary with a clear legal basis.
About KYB and IBAN verification
Do you verify your B2B clients before selling to them?
Automate business verification and protect your business from the first order.
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