7 Comments
Apr 27·edited Apr 27

@Rohan - what is your definition of SMB here? Companies <$1B in revenue?

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Interesting read, thanks for sharing, yes the "Know Your Business" (KYB) is crucial because it helps companies mitigate risks, ensure compliance with regulations, and protect their reputation. By thoroughly understanding the businesses they engage with, companies can assess potential financial, legal, and reputational risks. This knowledge enables informed decision-making, prevents involvement in illegal or unethical activities, and fosters transparency and trust in business relationships. KYB is particularly essential in industries where regulatory compliance is strict, such as financial services, as non-compliance can lead to severe legal consequences and damage to a company's integrity. Ultimately, KYB is a fundamental practice for safeguarding a company's interests and upholding ethical business conduct. I also found this post (https://www.kychub.com/blog/know-your-business/) about KYB on the internet, you can also take it as a reference.

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Interesting read, thanks!

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There's a distinction between payments vs capital markets KYB too

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Interesting point. Would you mind sharing more on this?

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Wow, great piece. You nailed the market map and key trends

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extremely thoughtful!!!

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