Binance Cuts KYB Processing Time by 50% with FrankieOne to Scale Seamlessly Across 55 Countries
August 6, 2025 – Melbourne, Australia – FrankieOne, the unified onboarding and fraud-prevention platform, today announced its successful partnership with global crypto exchange Binance to transform Know Your Business (KYB) operations across 55 countries. Leveraging FrankieOne’s powerful orchestration capabilities, Binance achieved a 50% reduction in KYB processing time while increasing approval rates by 8% - setting a new standard for compliant, scalable onboarding in the crypto sector.
Facing rising regulatory complexity and the challenge of onboarding businesses at speed, Binance turned to FrankieOne to modernise its KYB workflows. Through a single API integration, FrankieOne enabled automation of Ultimate Beneficial Owner (UBO) checks, jurisdiction-specific compliance thresholds, and pre-filled director/shareholder data from global registries.
“FrankieOne helped us unlock the scalability we needed in KYB without
compromising on compliance or speed,” said James Cai, Global KYB Product Manager at Binance. “Their automation and data orchestration capabilities have directly contributed to our global onboarding success, turning a fragmented process into a competitive advantage.”
Key Outcomes of the Partnership:
● 50% reduction in KYB processing time
● +8% uplift in KYB approval rates
● 80% of KYB reports generated in under one minute
● Active onboarding across 55+ countries, including Brazil, France, Singapore, and Hong Kong
This initiative demonstrates how regulated crypto platforms can accelerate growth while remaining compliant with local and global standards. FrankieOne’s unified platform streamlined Binance’s KYB process into a repeatable, scalable engine optimised for rapid market entry and operational efficiency.
“Our partnership with Binance underscores what’s possible when you unify data sources and compliance logic into a single orchestration layer,” said Simon Costello, CEO and Co-Founder of FrankieOne. “We’re proud to help crypto leaders like Binance stay ahead of regulation while scaling globally.”
As the crypto sector enters a new era of institutional scrutiny and global expansion, FrankieOne continues to support exchanges with best-in-class identity, fraud, and compliance solutions - built for speed, built for trust.
About FrankieOne
FrankieOne provides a comprehensive identity and fraud prevention platform that covers the full lifecycle of customer and business onboarding, KYC, KYB, and ongoing monitoring. Through a single integration, FrankieOne connects to over 350+ global data sources and verification vendors—giving regulated businesses the tools to onboard and manage risk at scale.
For more information visit - How Binance accelerates business onboarding across 55 countries
