KYB-Specific Attributes and Objects

KYB and Identity Attributes are a family of attributes that are used to help financial institutions onboard and monitor their clients over time to meet Know Your Business (KYB) regulations.

Methodology and match precision

The KYB endpoint has industry-leading registration filing fill rates. This is because Enigma is able to successfully resolve operating names and addresses with legal names and addresses via its Entity Resolution systems, tying websites, legal entity information, and operating information together. This enables accurate, high-coverage registration filing return rates because any combination of inputs can be combined to return a high match rate.

Typically, Enigma automatically surfaces registration filings on over 80% of customer sample records. Enigma covers registrations for all 52 states and jurisdictions (including Washington D.C. and Puerto Rico). As of August 2024, Enigma has information on more than 114 million registration filings, including 48 million known active registrations.

Packages

Choose from two packages for the attributes you need to confidently transact with new customers.

"Identify" for validating basic business identity information to reduce risk when onboarding new customers.

"Verify" for verifying businesses to satisfy comprehensive Know Your Business (KYB) requirements when onboarding new customers.

The inputs (e.g. business name, address, etc.) to make a request to the API are the same for the two packages. For instructions on how to integrate with the API, please read the KYB endpoint page.

*These attributes are optional add-on attributes and must first be added to your account to access. If you are interested in using these attributes, please contact our sales team to have them added to your account and refer to the linked attribute documentation for instructions on how to access these attributes.

Data sources

• Registration data is derived from SoS filings enriched with DBA names, websites, and businesses' operating locations to be able to surface the correct SoS filing without perfect inputs.
• TIN verification data comes from the Internal Revenue Service (IRS).
• Watchlist data comes from OFAC sanctions watchlists.
• Visit this section to learn more about the sources of our KYB and Identity Attributes.

File delivery layout

File delivery is only possible for evaluations, not for production deliveries. All production use must occur via the API. To run a free evaluation, please contact our sales team.