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Business KYC made easy

Verified AML-related business data at your fingertips, integrated in your bank’s processes & IT systems.

How KUBE works

1. Company enters business data

1. Company enters business data

Companies that start a commercial relationship with your bank, enter their data in your online onboarding environment.

2. Compliance officer verifies & validates the KYC data

Your bank’s compliance officer receives the data and verifies every field according to commonly agreed verification rules.

2. Compliance officer verifies & validates the KYC data
3. KYC data and verification shared on KUBE

3. KYC data and verification shared on KUBE

The KYC dataset and the verification status of each individual data field is available on KUBE for other banks to use as long as they are authorised by the company to do so.

4. Connected KUBE banks can use data

Banks that are connected to KUBE and start a commercial relationship with a company already on KUBE can use the KYC data and the verification status of each field. In case of KYC renewal, the updated data is also shared between banks.

4. Connected KUBE banks can use data

Advantages for your bank

Trust through blockchain

Trust through blockchain

KUBE is based on a temper-proof blockchain platform that creates trust between banks and reduces dependency on a central actor.

Governance body

Governance body

KUBE is an open platform in which banks have to adhere to governance rules. Your bank is member of a governance body that guards KUBE’s future.

AML & GDPR compliant

AML & GDPR compliant

KUBE conforms to GDPR by design and its data is decentralized. Verified KYC data is only stored in your bank’s online onboarding environment. KUBE is also AML compliant and provides full auditability of all transactions.

Easy integration

Easy integration

APIs and their documentation are available to facilitate back-end & front-end integration in your bank’s own systems.

Business privacy

Business privacy

Banks are unaware of the company’s other business relationships without authorisation of that company.

Operator as governance party

Operator as governance party

Isabel Group, as operator of KUBE, provides mutualized functionalities in order to increase the trust between all parties: invoicing, reporting, security …

Future proof

Future proof

KUBE is extensible: new external data sources and partner offerings can be added.

KYC cost proportionality

KYC cost proportionality

You receive compensation for your KYC verification effort.

KUBE for businesses

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