Automatic Customer Due Diligence
What is ACDD?
Our ACDD or Automated Customer Due Diligence automates the process of background checks to assess the risk posed by a person or business. It is part of the e-KYC and e-KYB process, which can be paired with our AIV.
How does it work?
Who uses ACDD?
The most reliable choice for e-KYC services
Why choose us?
Nationwide and Worldwide Databases
Accessed by our ACDD in our checks
United Nations Security Council Sanction
Worldwide listing of over 1,000 individuals and entities due to terrorism activities, violations of human rights and obstructions of human aids, inter alia.
Bank Negara Malaysia
Contains four worldwide listings under United Nations Security Council (UNSC), related to terrorism, proliferation of mass destruction weapons, country-related sanctions with political unrest, and FAFT’s higher-risk countries.
Financial Action Task Control
Worldwide listings of blacklist for non-cooperative countries and grey list for countries with action plan to change under FATF, which is a global money laundering and terrorist financing watchdog with over 200 countries and jurisdictions committed to its standards.
Malaysia Anti-Corruption Commission
Malaysia’s corruption offenders listing with over 440 individuals to date under MACC, which is an independent, transparent and professional body that manages the nation’s anti-corruption efforts.
Central Credit Reference Information System
CCRIS has credit reports of over 15 million individuals from local banks, financial institution and government agencies nationwide. Their database covers outstanding credit, flagged accounts and pending/approved loans for the last one year.
Worldwide Terminated Merchant Facilities (TMF) listings of Visa with merchants who ended their contract with acquiring banks in negative terms such as account data compromise, money laundering, excessive chargebacks and fraud, bankruptcy, illegal transactions, identity theft, and others.
Configurable Issuer’s Blacklist
Extra option to add personal corporate’s blacklist to concretise the ACDD process.
Office of Foreign Assets Control
Worldwide listings of countries, regimes and over 6,300 individuals with respective entities of over 50% ownership that are threats to the United States. They are identified as terrorists, international narcotics traffickers, proliferators of mass destruction weapons and other threats.
Ministry of Home Affairs
Terrorism-related listings with a locally collated list of over 50 Malaysian individuals, and two other UNSC lists: 1988 List with over 170 individuals and 5 companies, and 1267 List with 420 individuals and 160 companies to date.
Securities Commission Malaysia
Malaysia’s Investor Alert listings with over 730 unlicensed websites, investment products, companies and individuals to date. This includes securities, derivatives, funds management, corporate financing and investment advice, financial planning and private retirement schemes.
Credit Tip Off Service
Malaysia’s largest private Credit Reporting Agency with 15.6 million individuals, 2 million businesses, 4.1 million trade references and 3.6 million unique litigation records in file. CTOS also connects to CCRIS or Central Credit Reference Information System of Bank Negara Malaysia.
Worldwide Terminated Merchant Facilities (TMF) listings of Mastercard with merchants who ended their contract with acquiring banks in negative terms such as account data compromise, money laundering, excessive chargebacks and fraud, bankruptcy, illegal transactions, identity theft, and others.
Politically Exposed Persons
Worldwide listings of over 1 million current or former government officials, political party officials and senior executives in GLCs with their relatives and close associates (RCAs). They are screened to implement appropriate anti-money laundering efforts.