FAQs

Businesses are required to follow the Know Your Customer (KYC) process, which involves confirming the clients' identity. As a result, KYC helps business firms to determine the possible risk involved with working with a certain client.

Anti-money laundering, often referred to as anti-money laundering, is the execution of transactions with the ultimate goal of converting illegally obtained money into legitimately earned money. The purpose of AML is to mitigate the risks connected to money laundering and other illegal activities.

Know Your Business (KYB) is the term for the thorough investigation of a company's commercial dealings. KYB instantly identifies and verifies key corporate data to prevent fraud.

Video-based KYC (Live) is a verification technique that confirms a client's identification through face-to-face conversation. A KYC representative aids the consumer during the procedure, which is frequently carried out by financial institutions via video call.

Azine uses Credit Files, Government Data, Electoral Roll, Insurance Data, Mobile Data Records, Utilities Data, Social Network Files and Ecommerce Information for verification of an individual.

Yes. A wide, international network of official data sources is connected to by Azine. We are able to provide our clients with greater data insight thanks to these collaborations. Demographics have been included in Azine's identity verification services, greatly enhancing the company's capacity to recognise and flag risk indicators and offer the most effective fraud detection. Geography, economic standing, education, age, income, and gender are a few of the demographic variables Azine examines.

For a face recognition match in Azine, identity verification may ask new clients for a selfie and a government picture ID. On the other hand, authentication is a continuous identity-proofing procedure that verifies users' identities online and protects the reliability of the devices they use.

Yes, Azine ensures the privacy and security of the data provided for verification. We do not store or hold any data and have strict policies in place to prevent unauthorized access. The data passes through our network, but we do not have access to it or look at it.

We ensure compliance with the privacy standards of each country as they differ in their regulations. GDPR may be a widely-discussed topic, but we also take into account the privacy rights protection laws of other countries. Our data providers collaborate with us to ensure compliance with the privacy regulations of each country.

No, we do not make any credit inquiries during the verification process. We use credit bureaus as one of the potential sources of verification, but we only ask for basic information such as name, address, and date of birth to confirm a match.

At Azine, we highly value our customers' privacy and believe that it should be preserved during the verification process. Hence, we do not send our customers' documents to any offshore workshop where they can be accessed and viewed by individuals.

With the KYX platform, you can arrange the necessary controls and guarantees you need to comply with anti-money laundering (AML) and specific KYC/KYB regulations, as well as to support the international electronic identity verification requirements of various regulated sectors, and units.

Azine uses Credit Files, Government Data, Electoral Roll, Insurance Data, Mobile Data Records, Utilities Data, Social Network Files and Ecommerce Information for verification of an individual in KYX.

Yes. A wide, international network of official data sources is connected to by Azine. We are able to provide our clients with greater data insight thanks to these collaborations. Demographics have been included in Azine's identity verification services, greatly enhancing the company's capacity to recognise and flag risk indicators and offer the most effective fraud detection. Geography, economic standing, education, age, income, and gender are a few of the demographic variables Azine examines.

For a face recognition match in Azine, identity verification may ask new clients for a selfie and a government picture ID. On the other hand, authentication is a continuous identity-proofing procedure that verifies users' identities online and protects the reliability of the devices they use.

Yes, Azine ensures the privacy and security of the data provided for verification. We do not store or hold any data and have strict policies in place to prevent unauthorized access. The data passes through our network, but we do not have access to it or look at it.

We ensure compliance with the privacy standards of each country as they differ in their regulations. GDPR may be a widely-discussed topic, but we also take into account the privacy rights protection laws of other countries. Our data providers collaborate with us to ensure compliance with the privacy regulations of each country.

No, we do not make any credit inquiries during the verification process. We use credit bureaus as one of the potential sources of verification, but we only ask for basic information such as name, address, and date of birth to confirm a match.

At Azine, we highly value our customers' privacy and believe that it should be preserved during the verification process. Hence, we do not send our customers' documents to any offshore workshop where they can be accessed and viewed by individuals.

KYC does not possess an internal database for identity verification. Instead, we have real-time access to official sources across the globe through an API. Presently, we utilize over 600 databases spanning over 90 countries.

Data privacy regulations vary across different nations. Despite the popularity of GDPR, many countries have their own set of laws that protect individual privacy rights. At KYC, we collaborate with our data providers to ensure that we comply with the data privacy regulations of each nation.

Credit bureaus are one possible source of verification, but we do not make any credit inquiries. Instead, we only check if the basic information such as Name, Address, and Date of Birth match.

Integrating KYC's REST API should pose no issues for your technical team, especially if they have experience with other APIs for KYC. Keep in mind that various countries may require different data fields, and you may need to adjust your web form accordingly to gather accurate information from the customer for proper testing against the country of origin's database. Lastly, please ensure that you can receive and store the resulting match information.

KYC offers three testing options, two of which are free of charge.

Option 1 is to submit a spreadsheet of around 100 rows of data from a country for manual checking by our data partner. This option is free of charge.

We can provide you with a sandbox environment along with sample data for API functionality testing.

We offer a comprehensive testing option that includes multiple nations and thousands of rows of data. This option requires a flat fee for a set number of tests and provides the ability to integrate with our open API and test your data.

KYC's match rates vary by country and can be very high, reaching almost 100%, in Western or first-world countries. However, in some countries, achieving even a 50% match rate may not be possible. We can provide you with average results for the countries you are interested in upon inquiry. It's important to note that accurate data input is crucial to obtaining reliable results. Therefore, we cannot be held accountable for inaccurate data input, as this may affect the accuracy of the match rate.

The pricing for data matching in KYC varies depending on the country, and we offer discounts based on the volume and length of the commitment. We differentiate ourselves from other providers by not charging the full amount when there is no match. The cost of matching in the USA is typically the most affordable, while some regions like parts of the Middle East, South Africa, and smaller countries with limited database infrastructure can be more expensive.

KYC presently offers checks to PEP and OFAC. However, we are happy to accommodate your unique request, provided that the database can be accessed through an API. Additional charges may apply.

KYC is capable of supporting all native writing systems in different countries. However, it is important to ensure that the customer's input matches the style of the in-country database to achieve the best possible match rates.

Azine's KYC can be easily integrated with your web form to capture text input from the form flow.

Identity theft is a threat to many people today. This means that criminals can use genuine customer's information to access and create accounts online. To avoid this, it is important to have a system that knows your customer before they create an account. This way, the company knows more about who it is doing business with before starting a business relationship through KYC. CIP requires verification of the identity of persons making financial transactions. Its purpose is to prevent money laundering, terrorist financing, corruption and other illegal financial activities. CIP requires all financial institutions to get to know their potential customers and assess their level of risk during the onboarding process.

Financial institutions are most affected by KYC. Customer Due Diligence (CDD) is an important part of the KYC process. CDD helps protect businesses from influential people like criminals, terrorists, or politically exposed persons (PEPs). There are three types of due diligence: Simplified due diligence is a situation where the risk of money laundering or terrorist financing associated with a client account is low such that CDD is not required. Basic customer due diligence collects information from all customers for identification and risk assessment purposes Enhanced due diligence collects additional information from high-risk customers. This allows organizations to better understand their customer's activities and know how to mitigate the risks associated with that customer.

Anti-money laundering, often referred to as anti-money laundering, is the execution of transactions with the ultimate goal of converting illegally obtained money into legitimately earned money. The purpose of AML is to mitigate the risks connected to money laundering and other illegal activities.

Azine uses Credit Files, Government Data, Electoral Roll, Insurance Data, Mobile Data Records, Utilities Data, Social Network Files and Ecommerce Information for verification of an individual.

Yes. A wide, international network of official data sources is connected to by Azine. We are able to provide our clients with greater data insight thanks to these collaborations. Demographics have been included in Azine's identity verification services, greatly enhancing the company's capacity to recognise and flag risk indicators and offer the most effective fraud detection. Geography, economic standing, education, age, income, and gender are a few of the demographic variables Azine examines.

For a face recognition match in Azine, identity verification may ask new clients for a selfie and a government picture ID. On the other hand, authentication is a continuous identity-proofing procedure that verifies users' identities online and protects the reliability of the devices they use.

Yes, Azine ensures the privacy and security of the data provided for verification. We do not store or hold any data and have strict policies in place to prevent unauthorized access. The data passes through our network, but we do not have access to it or look at it.

We ensure compliance with the privacy standards of each country as they differ in their regulations. GDPR may be a widely-discussed topic, but we also take into account the privacy rights protection laws of other countries. Our data providers collaborate with us to ensure compliance with the privacy regulations of each country.

No, we do not make any credit inquiries during the verification process. We use credit bureaus as one of the potential sources of verification, but we only ask for basic information such as name, address, and date of birth to confirm a match.

At Azine, we highly value our customers' privacy and believe that it should be preserved during the verification process. Hence, we do not send our customers' documents to any offshore workshop where they can be accessed and viewed by individuals.

We have developed a demo application that can be downloaded on Android and iOS platforms for Scan. The app is designed to be self-contained and requires no integration with any other software or systems. Although it is not intended for actual production work, the app fully demonstrates all the features of our commercial application.

Our document authentication service offers a range of feature modules that can be customized to suit your specific needs. Depending on your requirements, you can choose to include or exclude certain features such as identity checks or biometric facial comparisons. Our Scan platform is designed to be modular, allowing you to select the features that align with your objectives. We offer standard pricing for our service, which can be further discounted based on the volume and term of commitment. Furthermore, you can expect to see significant cost advantages when compared to manual review processes. To obtain an accurate quote, please contact us directly.

In short, yes, we do not store or retain any data that passes through our network. Moreover, we do not analyze or inspect the data that is transmitted across our network.

We offer a REST API and SDK for your mobile app. If your technical team has experience installing APIs and was involved in your app's development, integrating our Scan solution should be straightforward. Additionally, we assume your system can receive document Scans, selfies, and analysis results and has sufficient storage.

Scan's platform is optimized to streamline the identity verification process while ensuring that the right individuals are hired. In truth, the vast majority of individuals are exactly who they claim to be, resulting in a high percentage of positive verification results. This may be due to the fact that fraudsters are reluctant to disclose their true identity and the difficulty of generating counterfeit documents that match fake identities from their country of origin is exceedingly challenging.

Scan delivers results within 3-4 seconds.

Our company recognizes and respects the privacy of your customers, and we are committed to safeguarding it during the identity verification process. Thus, we guarantee that we will not send your customers' documents to offshore workshops where they can be accessed or viewed by unauthorized personnel.

We are one of the very few, if not the only, document verification experts who possess the capability to read and extract character language writing systems, including but not limited to Kanji, Cyrillic, Arabic, Greek, Chinese, Korean, and various others.

Our SDK is available for seamless integration with your mobile app, enabling you to leverage the scanning capabilities of Android or iOS smartphones to capture and collect customer identification documents for Scan. The SDK also prompts users to take a selfie while checking for liveness. Our servers perform a thorough analysis of the document's authenticity. Afterward, the document scans, selfies, and analysis results are transmitted to you via an API. If you do not have a mobile app, we offer several alternative methods to accomplish the same process, which we can discuss with you over a call.

Scan is capable of verifying all worldwide passports, US driver's licenses, and numerous national ID cards. As the list continues to expand weekly, we encourage you to contact us with a specific request. If there is a national ID that we do not support, we can integrate it within a week.

Indeed, we extract personally identifiable information (PII) from the document and can cross-reference it with databases in the country of origin.