Step by step guide on how to run KYB on a business

Last updated: May 14, 2025

Part 1 — Create a Business Profile & Run the First Lookup

  1. Create Profile

    • In Sandbox (or Production) click on Create Business Profile.

    • Enter the Entity Name (e.g., “Vodafone 2”) and Country of Incorporation (e.g., “United Kingdom”).

    • Click Save to open the new profile page.

  2. Run a Business Lookup

    • Inside the profile click Run Business Verification → Business Lookup / AML / Phone Check (Choose a KYB lookup template)

    • AiPrise queries the local registry; some countries need only the name, others may require a Business ID or Tax ID.

    • Results include:

      • Business ID, entity type, address, industry (NACE / SIC), registry docs.

      • UBOs / Directors

      • Related companies

      • Automatic AML screening

  3. Optional: Purchase Registry Docs

    • Scroll to Registry Documents → select any item (e.g., Certificate of Incorporation) → Purchase

Part 2 — Add UBOs & Run KYC / AML on Officers & Related Companies

  1. Add Officers / UBOs

    • Use the suggested list or click Add Business Officer.

    • Fill in name, role, and other relevant details and hit save.

  2. Run KYC on Officers

    • Click the officer’s menu → Run KYC.

    • Choose a template (e.g., ID verification).

    • Option A: You can either upload docs manually on behalf of the person, OR

    • Option B: Send them a Verification Email to let the officer self‑onboard.

  3. Add  and run KYB checks on Related Companies

    • Under Related Companies click Add Related Company or pick from the list of suggestions.

    • Run a Business Lookup or AML‑only check as needed.

Part 3 — Assign a Risk Score

  1. Run Risk Scoring

    • Inside the business profile choose Run Business Verification → Risk Scoring & Profile Decisioning.

    • The engine evaluates your custom Risk Rules and assigns Low / Medium / High.

  2. Review Evaluated Rules

    • Click Show Evaluated Rules to see which tests passed or failed (score details).

    • Approve or reject the business based on your policy.

Part 4 — Request Additional Information

  1. Collect Extra Docs or Data

    • Click Collect Additional Info → Create One‑Time Form.

    • Add Document → mark Required if mandatory (e.g., Articles of Incorporation).

    • Add Question → give it a label, pick input type (text, single‑choice, etc.).

  2. Send Request

    • Option A: Generate Session Link and share manually.

    • Option B: Send Verification Email directly to the business contact.

  3. Track Submissions

    • Returned documents and answers appear in the Additional Info tab of the same business profile for review.

Need Help?

  • Visit our Risk Rules guide to write or adjust scoring logic.

  • Reach out to support@aiprise.com for workflow assistance or template tuning.