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Version: 2.0

KYC, KYB and PEP & Sanctions

Fraudio is expanding beyond transaction and merchant fraud into identity verification, business verification, and PEP & Sanctions checks. Together these cover KYC, KYB, sanctions, Politically Exposed Persons (PEP), and related watchlist checks, and connect those outcomes with fraud and behavioural signals on the same platform.

Scope (preview)​

AreaIntent
KYCVerify an individual, check the identity, and use the result with fraud, card, account, and transaction context.
KYBVerify a business, understand ownership (including UBOs), check the company and associated persons, and monitor the relationship after onboarding.
PEP & SanctionsCheck individuals and legal entities against sanctions lists, and identify politically exposed persons (and, where configured, relatives and close associates) as a risk factor for proportionate review.

Coverage can also extend to criminal watchlists, adverse media, and customer-specific lists. Those details will be documented as this product area matures.

How this maps to the API today​

In API 2.0, the first integration surface for these checks is the Financial Events Screening endpoint (the fraud-scoring API), via due diligence and plugin options:

  • Transaction-time plugins such as sanctions_cardholder and pep_cardholder (see PEP/sanctions check)
  • Standalone due_diligence events with plugins such as kyc_cardholder and kyb_merchant
  • Optional workflows when one plugin depends on another (for example KYB followed by PEP on a UBO)

Entity context is sent as part of the same event/entities model (for example cardholder, merchant_business, ubo). Broader delivery options described in the product framework (embedded journeys, portal search, ongoing monitoring) are not fully documented here yet.

Planned documentation​

The following sections will be expanded as the product docs catch up with the platform:

  1. Product framework — configuration, verification, PEP & Sanctions, fraud & behavioural intelligence, and consolidated decisioning
  2. KYC — components, delivery (API, portal, embedded journey), ongoing monitoring
  3. KYB — company search, ownership/UBO, checks on associated persons, ongoing monitoring
  4. PEP & Sanctions — sanctions lists, PEP/RCA, watchlists, adverse media; transactional vs portal vs KYC/KYB initiation

Until then, treat plugin and due-diligence examples on the Financial Events Screening endpoint as the technical reference, and confirm coverage with your Fraudio representative.