Global Digital Payments Leader Sees 25% Increase in Automated KYB Match Rates With Sayari
Critical Risk Domains Anti-Money Laundering | Know Your Customer/Know Your Business (KYC/KYB)
A premier digital payments provider modernized its global onboarding infrastructure, replacing fragmented, self-attested data with verifiable corporate records. By integrating Sayari’s primary-source data, the organization eliminated manual bottlenecks and successfully scaled its compliance operations to meet stringent international KYC/KYB regulations.
Success at a Glance:
115% increase in automated match rates compared to incumbent data providers.
25% overall uplift in automated verification rates, doubling the organization’s original success criteria.
30-35 million annual verifications transitioned to a more efficient, data-driven workflow.
The Challenge: Manual Bottlenecks in a Real-Time Economy
As global regulations like the EU’s Digital Services Act demand greater scrutiny, traditional compliance methods have struggled to keep pace. This technology leader faced a significant hurdle: they were only able to automate a fraction of their estimated 30-35 million annual KYB verifications. A reliance on self-attested documentation and slow manual reviews created a poor customer experience and left the platform vulnerable to “ghost” businesses that could bypass basic identity checks.
The Solution: Shifting from Self-Attestation to Verifiable Truth
Sayari implemented a robust data solution that replaced unreliable merchant claims with official, primary-source records to provide a holistic view of risk.
Key Transformation Pillars:
- Proven Global Coverage: Leveraging a flexible evaluation model, the organization verified Sayari’s superior reach across critical emerging markets in APAC, LATAM, and Eastern Europe.
- Defensible Data Integrity: Sayari proactively blocks fraudulent entities that often exploit “self-reported” databases like DUNS by sourcing data directly from official registries.
- Scaled Automation: The integration streamlined the high-volume verification pipeline, ensuring that millions of annual checks are processed with maximum precision and minimal human intervention.
“Sayari doubled our automated KYB match rates and significantly reduced manual work.”
Impact: Increased Efficiency In Fraud Mitigation Operations
- Increased Efficiency & Enhanced Customer Experience: Achieved a 25% boost in automated verification rates, significantly reducing the volume of merchants sent to multi-day manual review queues.
- Proactive Fraud Mitigation: Strengthened the front-end defense by using Sayari’s verifiable, official records to identify non-existent or misrepresented businesses before they could be onboarded to the platform.
- Regulatory Future-Proofing: Provided full-source attribution and transparent data lineage, ensuring total compliance with evolving global mandates like the EU’s Digital Services Act.