Money Service Business
Teido is the first AI system in the world designed to onboard fully remotely, not the end consumers like corporates or privates. Still, the MSB is a significant issue worldwide as the front gate for every bank is installed and managed by the bank's team. How does it work?
MSB Customer
Stage 1
KYC check process provided by JUMIO for:
- Directors
- UBO
Stage 2
KYB check of the company, provided by
CreditSafe.
Stage 3
Screening of the company with directors and
UBOO, supported and provided by
ComplyAdvantage:
- Sanctions
- PEPs
- Adverse Media
- Terrorists
Stage 4
Website Screening (if applicable)
G2 YMAS check/MATCH plus checking of
global blacklist and full website review.
SimillarWEB-incoming and out-coming traffic
analysis for direction of illegal aggregation.
And this is only a brief example of the first steps with the MSBs onboarding.
Request a demo, and our team will show you the future of FinTech!