4. Monitor User Onboarding

When the user successfully completes the onboarding flow, KYC identity verification will be kicked off automatically.

Based on the compliance score, a User Onboarding will be automatically approved, automatically denied, or have a Case opened for manual review. Using your sandbox account, you can test these scenarios by entering in select names in the user onboarding flow (the other details do not matter). The sandbox will return dummy data and not run live checks on the data submitted, as those require calls to downstream data providers.

Compliance Score

Sandbox Simulation

Result

low or medium

Use the name Harry Potter.

The User Onboarding will be automatically approved.

high

Use the name Severus Snape.

A Case will be opened for manual review, and the User Onboarding will be in needs_approval state.

very_high

Use the name Lucius Malfoy.

The User Onboarding will be automatically denied.

Webhooks are used to provide status updates on user onboardings.

If a User Onboarding is approved a Counterparty will be created. If a User Onboarding is denied a Counterparty will not be created. The id of the Counterparty will be included in the webhooks and User Onboarding object.

{
  "event": "approved",
  "data": {
      "id": "e640a26e-4289-4799-b991-e5a136b94428",
      "object": "user_onboarding",
      "live_mode": true,
      "metadata": {},
      "party_type": "individual",
      "status": "approved",
    "verified_phone": null,
    "verified_email": null,
    "counterparty_id": "72d63b95-910f-41ae-a13c-5a9465c891a1",
    "decision_id": "08d9b87d-67a2-4234-a6d0-e8fec11ebb4f",
    "created_at": "2022-05-16T05:14:02Z",
    "updated_at": "2022-05-16T05:14:02Z"
    }
}

Additional information about the User Onboarding can be found in the related Decision object.


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