Reinventing KYB Verification at Detected.co

Detected.co is a leading firm known for its high-grade, user-friendly platform that offers comprehensive Know Your Business (KYB) verification services. By accessing B2B data for over 200 million companies worldwide in real time via API, Detected.co has transformed the KYB verification process, establishing itself as a pioneer in global KYB connectivity.

Naomi O'Sullivan, a Product Owner at Detected.co, is at the heart of this transformation. She has been instrumental in integrating and optimizing our API to ensure it seamlessly aligns with Detected.co's existing systems and processes. Naomi and her team sought a solution that could improve their user onboarding experience while simultaneously capturing risk decisioning data in an efficient, unified flow.

The Challenge

The major challenge was twofold: Firstly, streamlining the KYB verification process to provide an optimized user onboarding experience, while ensuring compliance with international regulations. Secondly, creating a system that captures risk decisioning data automatically, reducing the manual workload and potential for human error.

Moreover, the solution had to be reliable and robust enough to handle vast amounts of data in real-time, covering more than 200 million companies across the globe.

The Solution

Leveraging our powerful API, Naomi and her team integrated our robust B2B data directly into Detected.co's platform. This allowed them to access up-to-date, reliable information in real-time, crucial for KYB verification. The integration was smooth, with our dedicated team assisting Naomi at each step of the process, ensuring a seamless fit with Detected.co's existing infrastructure.

The result was a single, interconnected flow, wherein the user onboarding process and risk decisioning data capture occurred simultaneously. This eliminated the need for separate systems and substantially reduced the manual workload, thereby accelerating the overall process and reducing the potential for errors.

The integration of the Global Database B2B data API has revolutionized Detected.co's KYB verification process. Here are the key results:

1. Improved Onboarding: Users experienced a smooth and efficient onboarding process.
2. Real-time Verification: Real-time verification of over 300 million businesses globally became possible.
3. Automated Data Capture: The automation of data capture significantly increased operational efficiency.
4. Enhanced Risk Decisioning: Real-time data provided by the API improved the risk decision-making process.

Conclusion

Naomi O'Sullivan's vision of improving the KYB verification process by integrating our API into Detected.co's platform has resulted in a streamlined, efficient, and user-friendly system. It's a testament to the power of our technology and its potential to revolutionize KYB verification on a global scale. As Naomi continues to push for innovation, we look forward to partnering with Detected.co on their journey towards further transformation.