Cellbunq includes complex UBO structure support on KYB platform

Cellbunq, a KYB software maker, has announced the expansion of its artificial intelligence (AI) platform to support complex ultimate beneficial ownership (UBO) structures. The company says this development will provide businesses with data on difficult-to-obtain UBO financial structures.

A UBO is someone who is the end beneficiary in a transaction that a financial institution initiates.

Cellbunq claims its AI platform allows for onboarding of businesses and individuals and selection of services. It also provides global coverage.

The …

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