KYC SPIDER TOOLBOX UPDATES

With the EDD and ESG Assistant, the Toolbox offers you instruments with which you can quickly and efficiently check your customers for relevant news and articles in the context of AML and ESG topics. Newly we offer you with the Media Check another product, with which you can check your (potential) customers and business partners on general Google and Internet entries and media news. This tool is ideal to get a first, general media impression and overview of a person or a company.

Start the Media Check by clicking on the corresponding button in our Toolbox:

The Media Check starts its search in the following languages: English, French, German, Italian, Spanish and Portuguese. As soon as the report is available (Information Status: “Completed”) you can edit and comment the Media Check report by clicking on "EDIT":

Define whether the individual articles are classified by you as "relevant", "positive" or "negative". This information will be considered and included in the report. You can also adjust the order of the articles and comment on each article. Proceed in the same way for all other data sources. Once finished, the Media Check report is available in the Toolbox.

For each of your adjustments, a new temporary version of the Media Check is saved in the Toolbox. As soon as you have completed the editing, you can archive the temporary versions with "Archive" so that only the final Media Check report is displayed in the Toolbox.

We have added additional blockchains to the existing Crypto Currency Check (CCC) tool. From now on, you can check wallets and transactions for risks for these 260 blockchains/currencies:

To check the respective tokens for risks, we kindly ask you to enter them with the underlying blockchain technology.

The new feature will be rolled out during the regular release window on Tuesday 18/01/2022 at 17:00.

We sincerely hope you are excited about this news. If you have any questions regarding these adjustments, the KYC Support Team would be happy to hear from you.

Short instruction: Start the ESG Assistant and select the desired languages, ESG criteria, data sources and the report size (5, 10 or 20 articles):

Web Search (Google), Online Media (specific media databases) as well as the well-known KYC Records (KYC Spider specific media data base), Swiss commercial register (SHAB) and international registers (Open Corporates) are available as data sources.

As soon as the report is available (Information Status: Completed), you can edit and comment on the report by clicking on "Edit":

Define whether the article is classified by you as "relevant", "positive" or "negative". This information will be considered and included in the report. You can also adjust the order of the articles and comment on each article. Proceed in the same way for all other data sources. Once finished, the report is available in the Toolbox.

Same as for the EDD Report, the ESG Report is available for 300 Coins.

Short instruction: As with the ESG Assistant, you first select the desired languages, the money laundering relevant criteria, desired sources and the size of the report (number of articles 5/10/20):

As soon as the report is compiled (Information Status: Completed) you can edit and comment the report by clicking on "Edit":

Define whether an article is classified by you as "relevant", "positive" or "negative". This information will be considered and included in the report. You can also adjust the order of the articles and comment on each article. Proceed in the same way for all other data sources. Once finished, the report is available in the Toolbox.

• You now also have the possibility to retrieve any documents in the toolbox via API (i.e. including also the onboarding chatbot log, error messages of the online identification).
• You also now have the option to query only those customer relationships which have been updated recently, i.e. which changed the risk status
• You also have the possibility to set the status of the respective KYC file via API (i.e. “to be assessed”)
• You can also define the role of a person or organization in the KYC file via API (i.e. “contracting partner”, “beneficial owner”).
• Furthermore, we have made various minor adjustments.

Please contact our KYC Support Team (support@kyc.ch) if you are interested in the API enhancements.

We are pleased to introduce Online Identification, another tool for simple, fast and efficient identification of your customers.

Online Identification is available to your customers 24/7, facilitating even more flexible onboarding. Regardless of where clients are, which time zone they are in. Online identification, as well as identification via video, is carried out by our partner "Intrum" in accordance with legal requirements. The number of coins required varies depending on the selected Toolbox subscription and starts at 4 coins per identification.

Online identification is optionally available via website or mobile app. The system automatically guides the customer through the process and performs the following checks:

• ID check
  The identification tool recognizes the ID document and automatically reads the personal data such as name, birthday and nationality.
• Face recognition
  Images of the client’s face are then taken and compared with the ID document. In addition, the module checks whether the person is alive by turning the customer's head to the left and to the right. This creates a 3D model using a series of images, which is also used for identification.
• Recognition of security features
  Finally, the security features on the ID document such as holograms are checked. When all security features have been successfully recognized and matched, verification is complete.

A detailed report on the successful online identification is displayed in the toolbox.