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KYC - Know Your Customer

KYC - Know Your Customer

Stø AS offers 2 APIs for Anti Money-Laundering and KYC services which can be integrated into any existing customer management system.

KYC API

This is the underlying lookup and monitoring engine

https://aml.bankidapis.no/index.html

  • Offers AML Lookups on Norwegian, Swedish, Danish and Finnish persons and organizations.

  • Offers monitoring sollutions for persons against PEP lists.

  • Offers monitoring sollutions for persons and organizations against Sanction lists.

  • Offers organization monitoring against role changes and address changes.

Use this if you

  • Want all the raw data which you need to create KYC strategies and handle it yourself.

  • Want to construct a KYC handling Application internally using data we can provide.

  • Want to handle false-positives for PEP and sanctions yourself

  • Already have a structured method for getting self-reported data from the customer

  • Want something that is practically stateless: you must handle all the stateful data and parsing AML information..

KYC Flow API

Read more about https://stoe.no/tjenester/kyc/kyc-flow or start following the KYC Flow Integration Guide.

  • Uses the KYC API underneath, but has a mangement frontend UI for caseworkers to deal with customers.

  • This is it’s own API, but on a higher abstraction layer: it is stateful

  • Offers a all-in-one KYC case management sollution for the lifetime of the customer, assisting in things like

    • Custom bespoke Webforms

    • Risk Assessment

    • Continuous monitoring

  • This is a fire and forget stay notified sollution

  • KYC Flow tries to store the ultimate “Truthful” state

Use this if you

  • Want your KYC tool to keep track of customers over their lifetime.

  • Want a KYC tool with built-in webforms and ways to get extended self-reported information from your end customer.

  • If you want to create a lightweight KYC integration between your existing system and a bespoke KYC tool.

  • Dont want a stateless system: you want KYC Flow to contain and parse important stateful AML data and track the customer over their lifetime.