TabaPay Business and UBO Data Overview

Overview

• TabaPay uses authoritative, validated sources to build our entity records. This unique approach enables us to more accurately verify businesses across US industries and geographies, compared to legacy providers.
• TabaPay provides visibility into the data sources we use to build the business entity records and generate our matches.
• By streamlining flows with data consolidation and verifications across businesses and individuals all in one place, our customers can convert more businesses within their KYB process.

Data Sourcing Process

• TabaPay collects data from hundreds of sources, including public government records at the federal, state, and local levels. These include each state’s Secretary of State and professional licensing divisions, IRS, SBA, SEC, and several more. We combine this data with proprietary information from industry leading business data providers and a company’s digital footprint.

Trustworthiness of Data

• TabaPay leverages a unique, hybrid approach to data collection and entity resolution to maintain a high level of accuracy and freshness of data. We combine online (digital footprint) sources with offline (authoritative public records) and this allows us to have extremely broad coverage of US businesses relative to any other traditional provider.

KYB Streamlined Flow

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TabaPay KYB Templates
We strongly recommend TabaPay Clients to use TabaPay guided templates for KYB for various types of businesses e.g. SMBs, high-risk merchants, etc.
The TabaPay Compliance team will craft the ideal flow for your subclients based on your unique needs.

Onboard more businesses, faster with seamless KYB

Build any KYB-KYC flow - from collection to verification and manual review
Screen and verify any business or individual you work with automatically
Convert more businesses with a best-in-class onboarding flow

KYB Verification Processes

TabaPay KYB and Onboarding

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Getting Started with Sub-Client KYB
TabaPay Clients must work with TabaPay Compliance teams and provide them subclient email that they wish to perform KYB on.
Please double check the email address(es) to make sure there are no typos.

After a successful KYB flow, TabaPay Clients can invoke Subclient API to create the subclient within the TabaPay system.

Step	Owner	Description
A	TabaPay	Works with clients to gather subclient email. TabaPay clients must ensure that email addresses provided are devoid of typos. So please check before you share it with TabaPay Compliance.
B	TabaPay	TabaPay generates KYB link for subclient. TabaPay Compliance design KYB templates for various types of businesses - SMBs, high-risk, medium to large enterprises, etc. This KYB link provided will take the subclient to a unique KYB session.
C	Subclient	Subclient receives link in the email address to enter their information for KYB. This creates a KYB Inquiry session. Inquiry sessions correspond to a single method the customer uses to access the KYB inquiry. If you want to let an end user continue an Inquiry that they have lost access to (e.g. because the Inquiry expired, or they lost the link), you can resume the Inquiry, then create and send them a one-time link (OTL). But for this, you must contact TabaPay Compliance. This one-time link takes the user back to where they left off in the Inquiry. For security purposes, Inquiries will expire and no longer be accessible by end users after 24 hours. Expired KYB Inquiries can be resumed by emailing TabaPay Compliance to request resuming of an expired KYB inquiry link. Resumed inquiries will expire again after 24 hours.
D	TabaPay	Gets notified when subclient info is submitted
E	TabaPay	KYB rules decides how to proceed with the subclient KYB verification and whether to approve or not. For instance, if the flow requires more information, the template may allow for that like this.
F	TabaPay	Final decision for the information is made based on KYB templates and rules TabaPay Compliance designed for the TabaPay KYB Inquiry.
G	TabaPay <> Client	TabaPay informs clients of KYB results of their subclients. This is an offline process where TabaPay Compliance reaches out to TabaPay clients of their subclient KYB results.
H	Client	TabaPay informs the client to proceed with Subclient API integration for fully verified subclients
I	Client	Client invokes Subclient API to onboard subclient into TabaPay system so they can be boarded for transaction processing within TabaPay.

Illustrative KYB Flows

This section provides a sample of KYB flows based on verification results.

Happy Path

Failure Path

Need More Info Path

Configurations for KYB

Please work with TabaPay Compliance to customize the KYB experience for your subclients to insert your logo to the KYB screens for your subclients.

KYB Status

TabaPay KYB inquiry wraps a single interaction with your customer through a single use case. KYB for Subclients change statuses when:

Your customer proceeds through their inquiry: starting a verification or completing the flow.
Post-inquiry workflows apply business logic to automatically decision the inquiry or mark for manual review.
Your organization members manually change the status of an inquiry.
The inquiry expires.

Inquiry Expiration

For security purposes, Inquiries will expire and no longer be accessible by end users after 24 hours.
Expired Inquiries can be resumed. Resumed inquiries will expire again after 24 hours. Please contact TabaPay Compliance if you wish to resume an inquiry.

Browser & Device Support

The TabaPay KYB Inquiry flow has full support for the web browsers listed below. Modern mobile browsers are supported, including most iPhone and Android devices.

Camera resolution

For the best capture experience, a camera with resolution of at least 1920 x 1080 should be used.
Cameras with resolution lower than 640 x 480 are not supported; users will be prompted to upload images directly instead, if this is enabled on your template.

Camera permissions

Some individuals may have trouble going through a verification that requires the on-device camera IF their browser has restrictive default camera permissions or they have accidentally or intentionally blocked access to their on device camera and/or have blocked all video autoplay.
If they are seeing a black screen when trying to use the camera, then please indicate to the individual to double check their camera permissions and autoplay permissions.
Browser Camera and Autoplay settings should be: "Ask when a site wants to ..." rather than "Blocked".
Your website also cannot be in their "Block" list.

Common KYB Issues

Please contact your TabaPay Compliance representative if you run into any of these issues: