Checks
What is a Check ?
The most basic concept in Dotfile is the Check. A check can be associated with a verification type that applies to the entity (company or individual). Examples include ID verification Check, Document Check (collection of a document file), and AML screening Check.
Checks are always tied to an Entity (either an Individual or a Company) and therefore, to one Case. Every Check has a Type and a Status.
Different types of checks include:
- Identity verification checks : ID verification Liveness check, or Automated ID document check
- AML screening check: Using AML screening tools such as ComplyAdvantage or World-Check.
- Document check: Collection of document files
- Company monitoring check: Instant monitoring of official company data updates, such as changes in ownership structure or business address
- Online reputation check: Web scraping to verify the entity's online presence and reputation
- Electronic signature: Collection of electronically signed document files
Checks Statuses
Checks will progress through statuses before reaching the step where a decision is needed.
You can either make your decision manually or rely on a third-party provider for some checks (AML, Identity Verification).
Here are the different statuses of a check:
- In progress: The check is created and waiting for data collection
- Processing: The submitted data is being automatically processed
- Need review: The check needs to be reviewed manually
- Approved: The check has been approved
- Rejected: The check has been rejected
- Expired: The check has expired
Updated about 6 hours ago