Is Your Vendor Onboarding Process Slowing You Down?
Streamline your vendor onboarding with automated checks, reducing manual tasks and accelerating compliance while ensuring business legitimacy.
Complex, Manual KYB Processes
You juggle spreadsheets, government registries, and email requests just to validate a single vendor, slowing onboarding and straining compliance teams.
Difficulty Verifying Business Legitimacy
Hidden ownership layers, shell structures, and limited public data make it tough to confirm a company’s true identity and UBOs.
Fragmented Data Sources
Sanctions, watchlists, and adverse-media feeds live in separate tools, forcing time-consuming reconciliations that raise error risk.
High False Positives
Basic name matching triggers excessive alerts, pushing analysts to review low-risk cases instead of real threats.
Streamline Compliance with FraudNet's Intelligent Solutions
Streamline vendor onboarding with FraudNet: fast, accurate, and compliant business verification at your fingertips.
Global Business & UBO Screening
Instantly validates registration, ownership, and hierarchies.
Sanctions & Adverse Media Checks
Unified screening across global lists with fuzzy matching.
AI-Native Risk Scoring
Machine learning assesses legitimacy and regulatory exposure.
Ongoing KYB Monitoring
Real-time alerts on ownership or sanctions changes.
Single Dashboard, Global Intelligence
Effortlessly verify any business across 200+ jurisdictions with FraudNet's streamlined dashboard. Access corporate registries, watchlists, and news feeds all in one place, saving time and reducing complexity in your compliance processes.
Adaptive AI Name Matching
Our AI-Native engine accurately interprets aliases, translations, and misspellings, cutting false positives by up to 70%. This allows your analysts to focus on critical reviews, enhancing efficiency and ensuring they tackle real threats with precision.
Audit-Ready Workflows
Effortlessly streamline compliance with automated documentation, time-stamped actions, and exportable reports. FraudNet's audit-ready workflows reduce manual record-keeping, ensuring your business remains agile and efficient while meeting regulatory requirements.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
Speak with our Solutions Expert Today
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recognized by Industry Analysts
Related Resources
FAQs
What is KYB Screening Software?
KYB (Know Your Business) Screening Software is a tool used to verify the legitimacy and compliance of businesses. It checks the backgrounds of companies, their directors, and beneficial owners against regulatory databases and watchlists to ensure they are not involved in illegal activities or financial crimes.
Why is KYB Screening important?
KYB Screening is crucial for preventing financial crimes such as money laundering and fraud. It helps businesses comply with legal and regulatory requirements, protecting them from penalties and reputational damage. By verifying the legitimacy of business partners, organizations can make informed decisions and reduce risk.
How does KYB Screening Software work?
KYB Screening Software works by accessing and analyzing data from various sources, including government databases, global watchlists, and financial records. It cross-references this information to verify business identities, check for adverse media, and ensure compliance with regulations. The software provides reports and alerts for any discrepancies or risks identified.
Who needs to use KYB Screening Software?
Financial institutions, payment processors, and businesses involved in high-risk industries are the primary users of KYB Screening Software. Any organization that needs to verify the legitimacy of its business partners or comply with regulatory standards can benefit from using KYB solutions.
What are the key features of KYB Screening Software?
Key features of KYB Screening Software include automated data collection and analysis, real-time risk assessment, global watchlist checks, adverse media monitoring, and detailed reporting. Some solutions also offer integration with existing systems, customizable workflows, and ongoing monitoring to ensure continuous compliance.
How often should KYB checks be conducted?
KYB checks should be conducted initially when onboarding a new business partner and periodically throughout the business relationship. The frequency depends on the risk level of the industry and regulatory requirements. Continuous monitoring is recommended to ensure compliance with any changes in regulations or the business's status.