LEI System Becomes a RapidLEI Preferred Partner
What is RapidLEI? RapidLEI is the world’s largest GLEIF-accredited LEI Issuer, founded by Ubisecure in 2018. With accreditation in more than 150 jurisdictions worldwide, RapidLEI serves banks, KYB solutions, trust service providers and fintech platforms globally. In total, over 450,000 clients, including BNP Paribas, Tesla and FedEx, manage their LEI codes through RapidLEI. What is […]
LEI Code and ISO 20022
Cross-border payments have relied on data formats created decades ago. Digital finance has since become the backbone of global trade, but the messaging standards struggled to keep up. That changed in November 2025, when the SWIFT coexistence period ended and ISO 20022 became the sole standard for cross-border payment messages. This shift is bigger than […]
LEI Code and MiCA: What Crypto Service Providers Need to Know
The EU’s Markets in Crypto-Assets Regulation, known as MiCA (Regulation EU 2023/1114), is the world’s first comprehensive legal framework for crypto-asset markets. It changed the rules for everyone operating in the European crypto space. One of its less-discussed requirements has nothing to do with blockchain technology. It concerns how a company proves who it is. […]
LEI Code and KYB: How to Identify Business Partners Reliably
What is KYB? KYB, or Know Your Business, is the process of verifying the identity, ownership structure, and legal status of business partners, suppliers, and clients — both before and during a business relationship. KYB developed as part of the broader KYC (Know Your Customer) framework. KYC covers customer due diligence in general, applying to […]
Why Artificial Intelligence Needs Reliable Business Identity
Why business identity matters for AI Artificial intelligence is transforming how companies process data, assess risk, and make decisions. Financial institutions use AI to detect fraud, assess credit risk, and verify counterparty identity. Across industries, automated systems increasingly rely on AI to screen suppliers, partners, and clients before entering into contracts or transactions. In all […]
LEI Code and DORA: What ICT Providers Need to Know
What Is DORA? The Digital Operational Resilience Act — known as DORA — is Regulation (EU) 2022/2554, adopted by the European Parliament and the Council on 14 December 2022. The EU published it in the Official Journal on 27 December 2022. It entered into force on 16 January 2023 and became fully applicable on 17 […]
Do Companies Need an LEI Code in 2026?
LEI is no longer limited to financial institutions Most companies initially assume that the LEI code only applies to banks or large financial institutions. However, this perception is outdated. Over the past decade, the role of LEI has expanded significantly across multiple sectors and jurisdictions. Today, companies encounter LEI requirements when they move into more […]
FATF Travel Rule Explained
The FATF Travel Rule (Recommendation 16) requires financial institutions to include information about the sender and the recipient in certain transactions. This article explains what the rule means in practice, why FATF Travel Rule compliance can be difficult, and how structured identifiers like LEI help solve this challenge. What is the FATF Travel Rule? The […]
vLEI and Business Authentication
Could vLEI technology replace passwords for business authentication in the future? The digital world still relies heavily on passwords. Every day, people log into systems, approve transactions, and access platforms using user accounts and passwords. In a business context, however, this approach has an important limitation. A password only proves that someone was able to […]