KYC For Supply Chain And Shipping
Streamlined KYC Solutions for Supply Chain and Shipping Compliance
Enhance security and ensure compliance in the supply chain and shipping industry with Blockpass's KYC solutions. Our digital identity verification services streamline onboarding, protect data, and meet regulatory requirements.
According to the International Chamber of Commerce, Brand Owners, Vessels Operators and Freight Forwarders signed a Declaration of Intent (“DOI”) to combat transportation of counterfeit goods in November 2016. In the DOI, guidelines have been developed accordingly in various areas to tackle the issue of counterfeit goods within the supply chain including “Best Practices in Know Your Customer (“KYC Best Practices”) for Maritime Operators” initially published in March 2018.
These guidelines are to ensure Maritime Operators are dealing with legitimate partners who are not involved in illicit trades by verifying, due diligence and ongoing monitors. It consists of 4 steps:
- Verify basic information of the trading partners including the name, registered business address, VAT number and bank account etc.
- Perform due diligence and ongoing monitoring of their established customers.
- Identify possible counterfeit shipments, go through a risk assessment of the trading partners including unusual keywords or suspicious shipping routes.
- Regular review of documentation and suspected customers.
How Can Blockpass Help?
Blockpass is a perfect third party KYC provider to integrate with your project with an industrial grade of KYC and AML compliance. Once users create a Blockpass Identity Profile and upload their identity documents and required data, Blockpass will rapidly verify and authenticate information at the highest standards of regulatory compliance. Blockpass provides ongoing AML monitoring for better risk control, as well as the capability to connect with any database, sanctions or investors list and issue certificates against them.
What’s more, you’ll gain access to the Blockpass ecosystem of pre-verified users, and promotional support to get the most out of Blockpass. Sign up for a Console account to test our service for FREE here!
BLOCKPASS
A Complete Solution Portfolio
Blockpass offers a multi-product portfolio that allows merchants to choose the scale of solution that applies to each business and jurisdiction. Whether a business wants only Face Match certification, or if they also require KYC, AML or enhanced SLAs, Blockpass is able to offer a full range of identity verification solutions.