---
title: "Know Your Business (KYB)"
description: "The verification of a business customer — legal existence, beneficial owners, and sanctions screening — before providing financial services."
reviewedBy: "Krisan Nichani, Chief Compliance Officer"
updated: "July 2026"
canonical: "https://infinite.net/learn/glossary/know-your-business"
---

# Know Your Business (KYB)

Know Your Business (KYB) is the process of verifying a business customer before providing it financial services: confirming the company legally exists and is in good standing, identifying the people who ultimately own or control it (beneficial owners), and screening the entity and those individuals against sanctions and watchlists. It is the business-entity counterpart to KYC, and US institutions perform it under FinCEN’s Customer Due Diligence rule.

A typical KYB review collects registration documents, tax identifiers, ownership structure down to individual beneficial owners (generally those holding 25% or more), and the nature of the business — then verifies each element against registries and screening lists. For companies with layered or cross-border ownership, this is where onboarding stalls: every layer adds documents, and every reviewer starts from scratch.

Infinite runs KYB once, to network standard, and the result carries: a counterparty vetted on the network is vetted for every participant, which is why compliance review time moves from roughly 30 days to 1–2. Hosted Flows provides the whitelabel onboarding front end; the network keeps the file current with ongoing monitoring.

## Frequently asked questions

### What is the difference between KYB and KYC?

KYC verifies an individual’s identity; KYB verifies a business entity — its legal existence, good standing, and the beneficial owners behind it, who are themselves verified and screened as individuals. [Know Your Customer (KYC)](https://infinite.net/learn/glossary/know-your-customer.md)

### What documents does KYB require?

Registration documents, tax identifiers, ownership structure down to individual beneficial owners (generally those holding 25% or more), and the nature of the business — each verified against registries and screening lists. [Beneficial owner](https://infinite.net/learn/glossary/beneficial-owner.md)

### How long does KYB take?

It depends on ownership complexity — layered or cross-border structures are where onboarding stalls. On Infinite, KYB runs once to network standard and the result carries, moving first-time counterparty review from roughly 30 days to 1–2. [Hosted Flows](https://infinite.net/compliance/embedded)

## Where it fits on Infinite

- [Embedded Compliance](https://infinite.net/compliance/embedded)
- [Stablecoin compliance](https://infinite.net/use-cases/global-compliance)
- [Third-party funds flow](https://infinite.net/funds-flow/third-party)

## See also

- [Bank Secrecy Act (BSA)](https://infinite.net/learn/glossary/bank-secrecy-act.md)
- [Money transmitter](https://infinite.net/learn/glossary/money-transmitter.md)