Common Terms

Key Concepts and definitions to help you understand the UpPass Dashboard as a user

Common Terminology

API: Manual Process for data integration. The process of connecting two or more applications or systems by using APIs (Application Programming Interfaces) to exchange data and perform actions.

KYB: KYB stands for “Know Your Business” or “Know Your Customer’s Business.” It is a set of processes and procedures that businesses implement to verify and understand the identity and business activities of their customers, clients, and partners. 

AML: Anti-Money Laundering refers to a set of regulations, policies, and procedures designed to prevent the illegal generation of income through activities that disguise the true origin of the funds. 

OCR: Optical Character Recognition. It is a technology that converts different types of documents, such as scanned paper documents, PDFs, or images captured by a digital camera, into editable and searchable data.

API Tokens: To connect securely to your application, your application needs an API key with permission to access resources.

Flow Dashboard

Workspace: A group of forms & interfaces used and managed by users. is a container where all the flows are stored. You can only have one workspace per account. However, you can view and edit another workspace based on the invitation only.

Workflow: The decision engine that contains the rules used to decide an entity.  A workflow can have many versions but only one version is active at a given time.

Users: Invite team members to your flow. You can add and remove permissions for admin, editor and viewer. Control and navigate ensuring users have the correct permissions for the workspace and flow. You have the ability to manage users- to add & remove users from workflow.

Status: The configurable decision outcome based on the Conditional Logics.

Build: This function allows you to create, add and remove verification steps, condition logics and elements to your flow. 

Style: A styling tool function that lets you change, customize, refresh and design the look and feel of your onboarding flow. 

Connect: The ability to integrate and sync data from your flow with Webhook. You can configure one or more webhooks from the UpPass Portal.After user has finished verification, the system will call webhook to pass results data to your system.

Decision flow: A visual representation of the steps and choices involved in making a decision. It is a structured way to analyze possible outcomes based on different conditions or criteria. 

Share: You can redirect your user to collaborate with your flow using the direct link or QR code. 

Stats: Review conversion rate to optimize the verification flow.

Use Case 

Know your Customers (eKYC): Electronic Know Your Customer refers to the process of using electronic methods and technology to verify the identity of individuals. 

Automated AML Screening: Anti- Money Laundering Sanction monitoring involves the systematic screening of customer transactions and relationships against government-issued watchlists, sanctions lists, and politically exposed persons (PEP) databases. 

Risk Based Verification: Quality assurance and compliance with industry standards. It involves tailoring the verification activities based on the perceived risks associated with UpPass

Transaction and Income Verification: Ability to information about a customer’s transaction and income history. To establish how much someone is earning for the purpose of verifying if they have the capacity to pay for something.

Alternative Credit Risk Model: Aim to provide a more comprehensive and accurate evaluation of credit risk, especially for those who may have limited or no traditional credit history.

Account Takeover Prevention: Preventing account takeover is crucial for protecting our users data, maintaining trust, and ensuring the security of UpPass products and services.

Repayment Monitoring: It involves the systematic tracking and analysis of financial transactions to ensure accuracy, detect anomalies, prevent fraud, and comply with relevant laws and regulations.