KYB Applications
A KYB application can be created by questionarie link(recommended) or API, and run many risk checks for subject company, associated companies, associated individuals after application submitted. The application can be reviewed manually. All the applications have completed compliace records.
Company Verification Level→
After configuring the company level, you can create a company application. The application will execute the risk checks according to the steps and requirements configured from the specific company verification level.
Company Profile→
Company application creates an inactive company profile when the company application creats, and actives it with the verified data when it processes an approved company application result.
Application Lifecycle
Draft: Application created but not yet submitted. Data can still be edited and supporting documents added.
Pending Duplicate Confirm: Block Manual Review
In Progress: System is running risk checks (registry verification, AML, etc.).
Required Manual Review: The risk checks are required to manual review (when the Block Manual Review switch is turn on).
Approved: Company passed all checks and manual review. KYB verification complete.
Rejected: Company did not pass verification. Review reason available in the application detail.
Submission modes
Depending on whether questionnaire functionality or custom questionnaire templates are required, choose the corresponding configuration and submission mode.
Integration Steps
For “From Link” Clients：
Configure Dictionary, Questionnaire, Company Verification Level
Contact advance.ai to obtain official or test account. Use the Agvanguard platform to configure the dictionary, questionnaire, company verification level.
Intergrate the questionnaire link
After the form configuration is completed, you can obtain the form link on the platform. And intergrate the questionnaire link to the client‘s business scenario.
Create Company Application
Users start the KYB application from the client‘s business scenario. There‘s no API needed.
Review Application & Process Results
The applications can be reviewed the detailed data and get the final results in the Agvanguard platform.
For “From API” Clients：
Optional: Configure Dictionary, Questionnaire
If you choose FORM Mode, configure a dictionary and questionnaire on the AdvanGuard platform. If you choose STRUCTURED Mode, don't need to configure them.
Acquire Access Token
Contact advance.ai to obtain official or test account credentials. Use the Token Authentication API to exchange for a Bearer Token. All subsequent requests must carry this token in the Authorization: Bearer {token} header.
Create Company Application
Call Submit Application to create a company application via API.
Review Application & Process Results
The applications can be reviewed the detailed data and get the final results in the Agvanguard platform.
Additional Services:
Upload & Add & Download Supporting Documents
To add supporting documents, such as business license or equity stake structure diagram, to the application, or download the documents:
Call Upload Document to upload the file and obtain a
documentId.Call Add Application Document to associate the document with the application and the specific declared entity, such as company or individual.
Call Download Document to retrieves the download URL and metadata for a previously uploaded document.
Get Application Details & Risk Checks
Call Get Application Details to upload get the application details.
Call Get Application Risk Checks get the application risk checks' details.
Updated about 2 months ago