Fixing Slow, Manual KYB Checks with Verifiable Business Credentials

The Problem

B2B onboarding was repeatedly slowed by traditional KYB (Know Your Business) processes. Collecting company documents, director lists and UBO (ultimate beneficial owner) information required manual back-and-forth between teams—often across multiple jurisdictions. These checks were error-prone, time-consuming, and created bottlenecks that delayed contract execution. Legal and compliance teams were overwhelmed with repetitive verification work, and the organisation needed a faster, more reliable and more auditable KYB workflow that protected against regulatory risk.

The Solution

One of our digital squads implemented a KYB verifiable-credential model where accredited business registries or verification partners issued signed credentials directly to a corporate wallet. These credentials included company registration details, directors, UBO confirmations and tax status.

Relying parties—procurement teams, compliance teams or B2B platforms—could request only the specific attributes they required using selective disclosure, avoiding the transfer of full documents. Automated expiry, revalidation schedules and verifiable signature checks ensured the credentials remained current. APIs mapped KYB claims directly into procurement systems and contract workflows, eliminating repetitive document exchange and providing immutable, audit-ready verification references for downstream decision-making.

The Impact

~70% reduction in corporate onboarding time in pilot programs
Major reduction in manual KYB workload, freeing legal/compliance teams for high-value reviews
Faster deal execution and improved commercial velocity across B2B sales cycles
Stronger regulatory posture with verifiable audit trails and controlled credential revocation