Usage Scope

Business Onboarding demo

Explore the Socure Business Onboarding experience in this interactive demo. View it below or 🔗 open the demo in a new tab.

Global coverage

The Business Onboarding solution is available in over 190 countries via RiskOS™ and our KYB Partners. Country coverage varies by Partner, so be sure to check the list below to ensure you have the geographic coverage you need

KYB Partners

Industries it fits

• Financial services: Reduced friction onboarding, account opening, CIP compliance
• E-Commerce: Merchant onboarding, fraud mitigation
• Healthcare: Provider and vendor verification
• Government: Registration, program eligibility checks

Business and operational outcomes

1. For compliance and risk teams

• Stay compliant with due diligence requirements by easily verifying business entities and UBOs.
• Transparent risk assessments via reason codes and enriched identity data.
• Key insights into business activities and risk via industry classifications, adverse media, website analysis, bankruptcies, liens, and more.

2. For growth and onboarding teams

• Faster onboarding: Use a single API to verify both business and UBO data at the same time to minimize onboarding abandonment.
• Higher conversions: Reduce friction while keeping fraud, risk and compliance checks in place.
• Configurable orchestration: Trigger only the verification steps that are needed.

3. For support and operations

• Fewer manual reviews: Reduce escalations with stronger automated signals.
• Faster resolutions: Business Onboarding delivers verified data upfront for agents.
• Visibility and control: Track approvals, reviews, and declines across workflows.

Performance considerations

• Fast responses: Verify businesses and individuals fast- in many times under a second in production environments.
• Always available: 99.99%+ uptime with U.S. data coverage.
• Built for scale: Handles millions of Business Onboarding checks per day, in real time.
• Adaptive orchestration: Conditional routing ensures only the right enrichments and steps are applied.

Boundary conditions

• US and 190 Countries: Business Onboarding can verify businesses and individuals worldwide.
• Input requirements: Business information (business name, address, tax ID) and associated individuals information (first/last name, SSN, address, DOB, and email) and Digital Intelligence (DI) session token.
• Coverage limitations: Data coverage differs among Partners. Choosing the right Partners for your use case is important.
• Entitlements and flags: Business Onboarding requires proper provisioning and feature flag configuration.