nCino and Dun & Bradstreet Partner to Automate Commercial Onboarding and KYC Monitoring

Quick Summary

nCino and Dun & Bradstreet have integrated the D&B Commercial Graph into nCino’s agentic AI banking platform. This collaboration automates commercial onboarding and KYC processes, reducing the average $14,700 cost per client onboarding by replacing manual data entry with verified, continuous global business intelligence.

How Does nCino Solve Commercial Onboarding Inefficiencies?

Commercial onboarding currently costs banks an average of $14,700 per client due to redundant manual processes. By integrating Dun & Bradstreet’s data, nCino allows financial institutions to access verified business identity directly within their existing workflows. This eliminates the need for banks to ask customers for the same information multiple times, a problem reported by 66% of banks.

• 650 million global entities covered via the D&B Commercial Graph.
• 107 billion monthly checks ensure data quality and accuracy.
• Automated Beneficial Ownership services streamline complex KYB requirements.

What Are the Benefits of Continuous KYC Monitoring?

Traditional periodic KYC reviews often take weeks and fail to catch material risk changes between scheduled checks. The nCino and Dun & Bradstreet alliance shifts the industry toward continuous client monitoring. This proactive approach helps banks avoid heavy regulatory fines, such as the £176 million recently imposed by the UK’s FCA for financial crime failings.

By using agentic AI banking tools, institutions can see risk earlier and act on real-time data signals rather than chasing outdated paperwork. This is particularly critical as the EU begins applying new Anti-Money Laundering Regulations that demand more rigorous, auditable review processes.

When Will the nCino and D&B Integration Be Available?

The integrated solution will be made generally available in the nCino Client Lifecycle Management product later this year. The initial rollout will focus on financial institutions in the EMEA region, including the United Kingdom, before expanding globally. This phased approach ensures that banks facing the most immediate regulatory pressure from EU AML updates can modernize their risk management infrastructure first.

FF NEWS TAKE:

This partnership moves the needle by tackling the "hidden" cost of banking: manual data re-verification. By embedding the D&B Commercial Graph into nCino's agentic AI banking workflows, the duo is effectively killing the static PDF-based KYC review. For commercial banks, this isn't just a tech upgrade; it's a necessary defense against rising compliance costs and aggressive regulatory penalties in the EMEA region.