Rising regulation and adversarial threats are pressuring risk and compliance teams to control costs and increase quality. One big opportunity is automating online research for Know Your Business (KYB) which today is largely done manually. When done well, automation saves costs while delivering deep and rigorous due diligence that can be plugged into other automated processes throughout the customer lifecycle...

Across the industry, risk systems don’t really understand business customers.

Knowing a business is more than verifying their company name and address – it requires understanding a mix of business model, reputation, transactions, relationships, and key employees. A good business has substance in almost all of these dimensions. A fraudulent business has little verifiable substance...