KYC and AML
This topic describes Rebilly Know your Customer (KYC) and Anti-Money Laundering (AML) features.
Use these features to comply with KYC and AML regulations by:
- Gathering and analyzing identity documents and proof-of-address documents.
- Comparing against government sanctions, PEP lists, and proprietary compiled PEP lists.
- Reviewing results.
- Maintaining an audit trail and compliance records.
warning
This feature is available for the Rebilly KYC and AML features only. To activate, contact Rebilly.
The KYC and AML features may be used together or separately.
KYC
Know your Customer (KYC) checks help you to ensure that your customers and leads are who they claim to be. Depending on your industry, KYC checks may be a mandatory requirement. KYC checks help you to minimize risk.
To complete the KYC process, the customer, or lead must supply documents that prove their identity and address. These documents can be requested using a link you share with the customer (see Request KYC documents), or uploaded manually on their behalf (see Upload KYC documents).
Uploaded documents are automatically analyzed by Rebilly (see Automated KYC document analysis), and are added for review (see Review KYC documents), so that you can manually verify or review the check if needed.
Request KYC documents
To request KYC documents from your customer, see Request KYC documents.
To preview the end-customer experience uploading KYC documents, see KYC document gatherer. This form is localized and translated into 14 languages. The customer will receive further instructions if they attempt to upload an invalid image, such as a selfie or blurry ID.
Upload KYC documents
To upload KYC documents on behalf your customer, see Upload KYC documents.
Review KYC documents
To review and manage KYC documents, see Manage KYC.
Automated KYC document analysis
The following checks occur automatically when identity and address KYC documents are provided, and require no interaction from you or your customer. To configure or adjust KYC document threshold and weight options for each check, see KYC settings.
Identity document checks
KYC identity document verification scores are defined based on the following automated checks. This process happens automatically and requires no interaction from you or your customer.
To configure or adjust KYC document threshold and weight options for each check, see Configure identity document verification scores.
| Name | Description |
|---|---|
| Is identity document | Verifies that the proof document is an identity document. |
| Is published online | Verifies that the proof document is found to be published online. |
| Is tampered | Verifies that the proof document has been tampered with. For example, if the document was altered using an application such as Photoshop. |
| First name | Verifies the customer's first name. |
| Last name | Verifies the customer's last name. |
| Date of birth | Verifies the customer's date of birth. |
| Has minimal age | Verifies that the customer is older than the minimal required age. |
| Issue date | Verifies that the proof document contains a valid issue date. |
| Expiration date | Verifies that the proof document contains a valid expiration date. |
| Contains image | Verifies that the proof document contains an image. |
| Has matching face proof | Verifies that the proof document contains an image that matches a previously submitted face proof image (selfie). |
| Nationality | Verifies the customer's nationality. |
| Document subtype | Verifies that the proof document is one of the permitted proof document subtypes. For a list of subtypes, see documentSubtype. |
Identity document types
Identity checks are performed on the following document types:
- Passport.
- Driver license.
- National identity card.
- Regional identity card, such as a state or province.
- Social insurance card with photo.
Address document checks
KYC address document verification scores are defined based on the following automated checks. This process happens automatically and requires no interaction from you or your customer.
To configure or adjust KYC document threshold and weight options for each check, see Configure address document verification scores.
| Name | Description |
|---|---|
| First name | Verifies the customer's first name. |
| Last name | Verifies the customer's last name. |
| Region | Verifies the customer's region. |
| City | Verifies the customer's city. |
| Date | Verifies that the proof document contains a valid date. |
| Line 1 | Verifies line one of the customer's address. |
| Phone | Verifies that the proof document contains a valid phone number. |
| Postal code | Verifies that the proof document contains a valid postal code. |
| Document subtype | Verifies that the proof document is one of the permitted proof document subtypes. For a list of subtypes, see documentSubtype. |
Types of KYC documents
The following document types are supported:
- Proof of identity.
- Proof of address.
- Proof of funds.
- Proof of purchase.
Facial recognition identity verification
For the proof of identity document type, optionally require the user to upload a portrait photograph of themselves (a selfie). This photograph is automatically compared with the ID photograph using face recognition algorithms and is used as a scoring factor.
Supported countries
All countries that are not sanctioned by the US, UN, UK, or EU are supported.
Technical integration
For technical integration information, see our KYC integration guide.
AML
Anti-Money Laundering (AML) checks are automated processes that scan customer information against AML lists as each new customer or lead is added, or when their information is changed. When customer information matches data in an AML list, a hit is returned. Completed AML checks contain one or multiple AML hits, where each hit is a record returned from the check.
You must manually verify these checks and mark them as a false positive or confirm that the customer has failed the AML check.
Review AML checks
To review, accept, and reject customer AML checks, see Manage AML. To view completed AML checks that are associated with a particular customer, see View completed AML customer checks.
AML settings
To configure the level of confidence for customer Anti-Money Laundering (AML) check scenarios, see AML confidence level settings. To configure match priority levels settings for Anti-Money Laundering (AML) sources, see AML match priority settings.
AML lists
AML sanctions, Politically-Exposed Person (PEP), and adverse media lists are used to check customer-provided information against lists published by governments and proprietary lists compiled by Rebilly.
List sources
The following AML list sources are assessed during an AML check. These lists are updated daily. If you would like to add another list, contact Rebilly.
- US OFAC
- UN sanctions
- EU sanctions
- US CIA
- Wikidata
- Proprietary
Types of AML checks
The following check types are performed during an AML check. If you would like to add another type of AML check, contact Rebilly.
- Politically-Exposed Person (PEP)
- Sanctions
- State-Owned Enterprises
- Adverse Media
Fuzzy matching
Rebilly uses fuzzy matching algorithms including: partial match, double metaphone for name-based fuzzy searching, sounds-like (Soundex algorithm), and typos (Levenshtein algorithm) to identify possible matches. Rebilly also uses a combination of other tactics, including custom relevancy and matching algorithms, to increase accuracy and confidence as much as possible.
Activate continuous monitoring
If you would like to activate continuous AML monitoring, contact Rebilly.