One Verification, Many Uses

Reusable KYC (Know Your Customer) and KYB (Know Your Business) are about making identity verification smarter and simpler. Today, whenever you open a bank account, sign up for a financial app, or onboard with a new platform, you are asked to submit the same documents repeatedly such as passport, ID card, proof of address, business registration, or shareholder information. Each company performs the same checks, which makes the process slow, costly, and frustrating.

With Reusable KYC/KYB, once your identity or your business details are verified by a trusted party, those verified attributes are turned into digital credentials that you control. Instead of sending your documents every time, you simply share the credential. It acts as proof that the verification has already been completed, and the receiving company can instantly check its validity.

For everyday users, this means onboarding takes minutes instead of days, fewer documents are shared, and privacy is better protected. For businesses, it reduces compliance costs, lowers fraud risk, and creates smoother customer experiences.

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Repetition and Friction in Verification

Every time someone opens a bank account, signs up for a financial service, or registers a business with a new provider, the same identity checks are repeated. Customers are asked to submit documents again and again, while businesses invest in duplicate compliance processes. This creates slow onboarding, high abandonment rates, and unnecessary cost.

For regulated industries such as finance, insurance, and mobility, these inefficiencies not only frustrate customers but also limit scalability. Traditional verification methods are not designed for reuse and cannot meet the demands of a digital-first economy.

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Seamless, Secure, and Compliant KYC/KYB with Hovi

Reusable KYC/KYB solves this problem by turning one-time verification into portable, trusted credentials. When an individual or business completes an identity check with a trusted party, the verified attributes are issued as a digital credential that they control.

Instead of sending documents repeatedly, users can share this credential with any service provider. The credential acts as proof that verification has already been performed, and the receiving organization can instantly validate its authenticity. This process is cryptographically secure, privacy-preserving, and compliant with global standards.

From a technical perspective, Hovi relies on Self-Sovereign Identity (SSI) and Verifiable Credentials (VCs). Credentials are issued once by an authority such as a bank, government, or KYC provider and then stored in a digital wallet controlled by the user or business. When needed, the wallet can generate cryptographic proofs, often with zero-knowledge proofs (ZKPs), so the receiving party can verify authenticity without accessing all the raw data. This makes verification fast, privacy-preserving, and interoperable across borders.

In short, Reusable KYC/KYB turns one-time identity checks into portable, trusted credentials that can be accepted anywhere, saving time for users and money for businesses while raising security standards.

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Why It Matters

Reusable KYC/KYB eliminates friction from onboarding and makes compliance more efficient. For users, it means faster access to services, less data exposure, and more control over personal or business information. For organizations, it reduces compliance costs, minimizes fraud risk, and enables smoother, scalable customer journeys.

Most importantly, reusable verification lays the foundation for a trusted digital economy, where verified identities can move seamlessly across platforms, industries, and borders.

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Transforming KYC/KYB Across Industries

Hovi’s KYC/KYB solution has applications across multiple industries, making it a versatile tool for improving identity verification processes in diverse business environments.
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Finance

A customer who completes KYC at one bank can reuse the same verified credential when opening an account with another institution or accessing fintech services. This reduces onboarding from days to minutes while cutting compliance duplication.

Insurance

Businesses often repeat lengthy KYB checks for licensing or coverage. With reusable credentials, proof of incorporation, shareholder structure, and authorization can be instantly shared and verified across providers, speeding up approvals and reducing fraud.

E-commerce

Online marketplaces increasingly require identity or age verification. Instead of uploading documents for each platform, customers can present a reusable credential that proves their eligibility in seconds, creating a faster and safer buying experience.

Mobility and Travel

From car rentals to cross-border transport services, identity verification is a recurring hurdle. Reusable credentials allow travelers to prove who they are once and reuse that proof across providers, enabling seamless booking, payment, and access control.

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Simple Integration, Powerful Results

Hovi’s platform is designed to be user-friendly while providing robust functionality that integrates seamlessly with your existing systems. Whether through APIs, SDKs, or our Studio, you can start using Hovi’s KYC/KYB solution with minimal disruption.

Integration

Hovi can be easily integrated into your existing systems using our APIs, SDKs, or through our SaaS Studio. This allows you to implement digital credential issuance and verification without overhauling your current infrastructure.

Credential Issuance

Once integrated, your business can start issuing reusable, verifiable digital credentials to customers and partners. These credentials are compliant with industry standards and can be used for instant verification across multiple platforms.

Verification & Reporting

Hovi’s platform handles verification in real-time. This ensures that every customer and partner is authenticated quickly and securely, providing a trusted environment for business transactions. Comprehensive reporting and analytics features also provide insights to help optimize your compliance processes.

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Get Started with Hovi

Hovi was built to bring reusable identity into real-world services. Our platform is compliant with global standards including ISO 27001, GDPR, and eIDAS 2. It is interoperable with EUDI wallets and protocols such as OpenID4VCI, DIDComm, and Iden3, making it future-proof for the next wave of digital identity adoption.

With credentials already issued across multiple industries and countries, Hovi combines technical reliability with practical experience. By choosing Hovi, businesses can cut onboarding costs, accelerate compliance, and deliver customer experiences that build trust.

Revolutionize your identity verification process with Hovi. Request a demo today and see how our SSI platform can transform your KYC/KYB workflow into a seamless, secure, and compliant process.