Identity Verification & User Onboarding Glossary
Decode the terminology, jargon, and key concepts in the identity verification realm and discover answers to frequently asked questions about each topic.
What is voter ID validation?
Voter ID validation process can help in identity verification for name, address, and age verification.
What is an Money Laundering Reporting Officer (MLRO)?
Learn about the roles and responsibilities of an MLRO and discover the benefits of appointing one for your organization.
What is the Bank Secrecy Act?
Bank Secrecy Act is an important federal law that states financial institutions' recordkeeping and reporting requirements to prevent financial criminal activities.
What is face identification and face match technology?
Face match is a biometric technology that compares two different images to ascertain if the subject's facial features match.
What is AML screening and ongoing monitoring?
AML screening and ongoing monitoring help businesses identify criminals and prevent fraudulent activities
What is the Office of Foreign Assets Control (OFAC)?
Office of Foreign Assets Control (OFAC) is part of the Department of Treasury and oversees and enforces economic sanctions based on United States foreign policy.
What is FinCEN?
Financial Crimes Enforcement Network (FinCEN) is the primary agency within the United States Department of the Treasury responsible for combating financial crimes.
What is Bank Statement Analysis?
Discover what bank statement analysis is and how it works. Find out how AI-powered solutions are transforming financial decision-making in 2025.
What is Passport Number Verification?
Passport number verification is the process of verifying the authenticity of a passport's details.
What is DigiLocker API: Process and Importance in Onboarding
The DigiLocker APIs enable you to connect to DigiLocker and retrieve required data from users' DigiLocker accounts.
