4 Best KYC and KYB Compliance Platforms for Enterprises in 2027

Meta Description: Incode, Sumsub, Jumio and Onfido are top KYC and KYB compliance platforms. Compare verification capabilities, compliance workflows and enterprise fit.

Enterprises need to verify who they’re doing business with, whether an individual opening an account or a company seeking financial services. Both require reliable identity checks, but the compliance responsibilities differ depending on the customer and transaction involved.

KYC, KYB, and AML processes help organizations verify identities, assess risks, and document compliance decisions. Choosing the right platform means balancing verification capabilities, automation, and integration needs. Here are four enterprise options to consider for 2027.

What Should Enterprises Look for in KYC and KYB Compliance Platforms?

Enterprises should prioritize customer and business verification coverage, automated compliance workflows, risk-based controls, and reliable audit records. The right combination depends on whom they onboard, where they operate, and which regulations apply.

KYC systems verify individual identities, while KYB checks establish business legitimacy. For corporate customers, this can involve reviewing registration records, identifying ultimate beneficial owners (UBOs), and verifying individuals who control the business.

AML identity verification adds another layer through sanctions screening, politically exposed person (PEP) checks, and other risk indicators. Customer due diligence (CDD) brings these findings together to support risk assessments and appropriate follow-up investigations.

Integration matters, too. Enterprises handling thousands of applications need APIs, configurable workflows, and records that compliance teams can easily access and quickly retrieve during audits. Higher-risk applicants may require additional verification or manual review.

Organizations should assess geographic coverage, available checks, ongoing monitoring, and alignment with their specific compliance requirements rather than feature count alone.

4 KYC and KYB Compliance Platforms for Enterprises in 2027

These four providers offer different approaches to enterprise identity verification, business checks, and compliance workflows, serving distinct needs across regulated industries.

1. Incode

Incode is an audit-ready, compliance-first identity verification platform built for regulated enterprises managing KYC, KYB, and AML compliance workflows. Incode’s platform integrates identity verification, KYC, customer due diligence (CDD), and AML screening into a unified compliance workflow, automating regulatory requirements that financial institutions, gaming operators, and digital platforms must meet.

Its GovFaceMatch technology matches a live selfie against participating US state DMV records, with no document photo capture required. Incode reports six-times-faster verification and 20% higher conversion compared with document-based checks. Its Workflow Builder automates risk-based decisions, escalates higher-risk applicants, and maintains audit-ready records.

The Incode KYB solution supports business verification and beneficial ownership checks, while Age Assurance addresses age-related requirements through on-device age estimation and document checks. In 2026, Incode was named a Gartner Magic Quadrant Leader for the third consecutive year.

Best for: Regulated enterprises needing automated KYC and AML compliance, government-record identity matching, and configurable risk-based onboarding.

2. Sumsub

Sumsub provides customer and business verification tools for highly regulated digital markets. Its extensive toolkit includes KYC, KYB, AML screening, and ongoing monitoring, making it relevant to fintech companies, payment providers, and financial services businesses.

For individual onboarding, Sumsub supports document verification, biometric checks, and identity data validation. Its business verification capabilities include corporate registry checks, ownership information, and screening of associated individuals for potential risks.

The platform offers automated and expert-assisted KYB options for straightforward applications and more complex ownership structures requiring further investigation. Its range of verification tools can help organizations address varying requirements across different jurisdictions.

Buyers should examine the availability of specific checks, regional data sources, and integration options before implementation. Compliance teams should also establish how verification results feed into internal case management and escalation procedures for further review.

Best for: Organizations managing varied individual and business verification requirements across multiple markets.

3. Jumio

Jumio is an established identity verification provider serving enterprises with customer onboarding and KYC requirements. Its offering emphasizes identity documents, biometric verification, and fraud-related checks to support secure onboarding for digital applications.

Document verification checks whether the identification submitted is authentic, while facial matching and liveness checks help confirm the applicant’s identity. These capabilities support banks, fintech companies, and other regulated organizations managing remote customer onboarding.

Jumio also supports AML screening against sanctions lists, watchlists, and politically exposed persons to identify potential compliance risks. Screening can operate within identity verification workflows or through a separate service using submitted customer information.

Enterprises evaluating Jumio should confirm the scope of its KYB and beneficial ownership capabilities, alongside integration requirements, workflow configuration, and exception handling. This assessment helps determine whether the platform meets their broader compliance needs.

Best for: Enterprises seeking established identity verification and KYC infrastructure.

4. Onfido (an Entrust company)

Onfido, acquired by Entrust in 2024, provides document and biometric identity verification technology for remote digital customer onboarding. Its capabilities now form part of Entrust’s broader identity verification and security portfolio, serving regulated businesses.

The technology verifies government-issued identification and compares facial information to confirm an applicant’s identity during digital onboarding. Liveness detection helps prevent impersonation during remote onboarding, supporting KYC processes without in-person visits.

These capabilities are relevant to financial services and other regulated sectors requiring reliable customer identity checks during remote digital onboarding processes. Entrust also offers identity data verification services that can support KYC and related compliance checks.

Enterprises onboarding corporate customers should confirm which KYB, beneficial ownership, and AML capabilities their Entrust configuration includes. Integration requirements and complementary services also affect compatibility with existing compliance workflows.

Best for: Organizations prioritizing document and biometric identity checks within KYC onboarding workflows.

How Should Enterprises Choose a KYC and KYB Compliance Provider?

The right provider depends on an organization’s verification requirements, regulatory exposure, and integration needs. Each platform addresses different operational priorities.

For regulated enterprises managing complex compliance requirements, Incode brings identity verification, KYC, KYB, and AML checks into a unified workflow. Its automated risk-based controls, government-record verification, and configurable escalation processes help streamline onboarding while maintaining compliance oversight.

Sumsub suits organizations requiring a broad verification toolkit for individual and corporate customers. Its KYC, KYB, and AML capabilities support businesses managing varied verification requirements across multiple international markets.

Jumio merits consideration for enterprises prioritizing document verification, biometrics, and KYC infrastructure. Its capabilities support regulated organizations managing remote customer onboarding and identity verification requirements.

Onfido, now part of Entrust, suits organizations prioritizing document and facial verification during onboarding. Enterprises should confirm how Entrust’s broader services support corporate verification and other compliance requirements.

Before selecting a provider, compliance teams should confirm beneficial ownership coverage, screening and monitoring capabilities, exception handling, and how verification records integrate with existing compliance systems.

Building a More Coordinated KYC and KYB Compliance Program

Effective compliance requires connecting identity checks, business verification, and risk-based due diligence. Enterprises should prioritize platforms that combine automation, reliable documentation, and appropriate human oversight when further investigation is necessary.

A platform’s value ultimately depends on whether it can bring identity and business checks into a consistent process while giving compliance teams the oversight needed to investigate exceptions and meet regulatory obligations.

Frequently Asked Questions About KYC and KYB Compliance Platforms

Can KYC and KYB Compliance Be Fully Automated?

Not entirely. Automation can handle routine identity checks, business verification, and AML screening during standard customer onboarding processes, but complex ownership structures, potential sanctions matches, and inconsistent records may still require manual review.

How Often Should Businesses Update KYC and KYB Information?

Businesses should review KYC and KYB information regularly and when significant changes occur, such as new beneficial owners or updated sanctions records. Review frequency depends on applicable regulatory requirements and each customer’s individual risk levels.

What’s the Difference Between KYC and KYB Compliance?

KYC verifies the identities of individual customers, while KYB confirms a business’s legitimacy, registration details, and beneficial ownership. Both support regulatory due diligence and may involve AML screening. Together, they help organizations assess potential compliance risks.