Power of attorney support and a smoother onboarding flow

Power of attorney support and a smoother onboarding flow

Cover image for Power of attorney support and a smoother onboarding flow

Focus: entity and stakeholder management upgrades, plus onboarding reliability fixes.

This release brings power of attorney support to organization stakeholders, along with a batch of dashboard refinements that make entity data faster and more reliable to manage. We also smoothed out a couple of rough edges in the onboarding flow.

Stakeholder & entity management
• Organizations can now add a power of attorney as a stakeholder type directly from the dashboard.
• Signatory relationship types are now shown correctly and preserved reliably when editing signatories.
• Main business activity descriptions can now run up to 1000 characters, so full descriptions from registries and KYB questionnaires save without being cut short. Clearing the field and its error messaging are cleaner too.
• The "Add stakeholders" menu now spells out "Add senior managing official" instead of the SMO acronym.
• Organization search by registration number now only accepts digits, keeping searches accurate.

Onboarding
• The KYB industry selector now always shows its full list of options.
• Document uploads no longer get interrupted when a browser's built-in translation feature is active, so applicants can complete this step reliably every time.

Behind the scenes, PEP and sanctions screening continues to get faster and more precise with every release.

Automate your compliance now

Accelerating KYC, KYB, and AML compliance through intelligent onboarding, risk scoring, and transaction monitoring for regulated businesses.

Risk score view in the Bits dashboard

Automate your compliance now

Accelerating KYC, KYB, and AML compliance through intelligent onboarding, risk scoring, and transaction monitoring for regulated businesses.

Risk score view in the Bits dashboard

Automate your compliance now

Accelerating KYC, KYB, and AML compliance through intelligent onboarding, risk scoring, and transaction monitoring for regulated businesses.

Risk score view in the Bits dashboard