We’ve enhanced KYB expiration management by introducing configurable company re-verification periods. Previously, verified companies were automatically scheduled for re-verification after a fixed 12-month period. With this update, businesses can now define custom expiration timelines that better align with their regulatory, compliance, and risk management requirements.
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Explore KYB SolutionWhat’s new?
- Configure custom company re-verification periods in months.
- Define expiration settings globally for all future KYB verifications.
- Override expiration settings for individual companies during the approval process.
- Automated reminder notifications continue to be sent before the company’s expiration date.
- Existing configurations are seamlessly migrated to preserve current expiration behavior.
Benefits
Different industries and jurisdictions often require different review cycles. This enhancement allows organizations to align KYB re-verification schedules with their specific compliance obligations while maintaining an automated review process.
By providing both global and company-level controls, teams gain greater flexibility in managing ongoing business due diligence and ensuring company information remains up to date over time.
