UpPass
Của UpPassUpPass Services is a RegTech company delivering AI-powered electronic Know Your Business (eKYB) solutions built for emerging markets. Where traditional API-based verification falls short, UpPass fills the gap — handling the unstructured, document-heavy realities of business verification across Southeast Asia and the broader APAC region. UpPass offers an end-to-end eKYB and Director eKYB platform covering the full compliance workflow: document verification, director KYC and biometrics, business and UBO discovery, AML/PEP and adverse media screening, address and website investigation, and automated risk rating. The platform is purpose-built for cross-border ownership structures, with automated document collection that gets the right documents the first time and chases the rest — delivering up to 500% ROI on eKYB cost. By combining AI with deep regional expertise, UpPass empowers financial institutions and enterprises to scale compliant business onboarding with speed, accuracy, and confidence — even in markets where structured data simply doesn't exist.
- Giai đoạn
- Đang thí điểm
- Ngành
- Ngân hàng và tài chính
- Logistics
- Pháp lý
- Triển khai
- Đám mây (SaaS)
Giá trị mang lại
UpPass is the only eKYB platform built natively for emerging markets, designed to handle the fragmented, document-heavy compliance realities where API-based registries fall short. Unlike point solutions that address either business or individual verification, UpPass unifies eKYB, Director eKYC, biometrics, and e-Sign in a single platform. Underpinned by Gemini-powered document intelligence that goes beyond OCR to reason about document intent and detect inconsistencies, and a proprietary engine that resolves cross-border UBO structures automatically, UpPass delivers end-to-end compliance without the manual overhead.
- Business compliance and KYB onboarding across emerging markets remains plagued by friction, manual processes, and operational blind spots. The key pain points UpPass solves.
- 1. Document Chaos
- Collecting the right documents from businesses is a back-and-forth nightmare — repeated emails, wrong submissions, and endless follow-ups create delays and drop-offs before onboarding even begins.
- 2. Unverified Information
- Most compliance workflows rely heavily on self-submitted data with little to no real-time registry verification, leaving organizations exposed to inaccurate or fraudulent business information.
- 3. Ownership Maze
- Mapping Ultimate Beneficial Ownership (UBO) is complex under any circumstance — and becomes exponentially harder when ownership structures cross borders, where data is fragmented or simply unavailable.
- 4. The "Director KYC" Trap
- Verifying the individuals behind a business is still largely manual — ID collection by hand, high drop-off rates, and a paper-based mentality that hasn't caught up with digital expectations.
- 5. Re-Verification Nightmare
- Ongoing compliance — periodic re-eKYB and re-AML screening — is tracked and executed manually by most teams, creating risk gaps and unsustainable operational overhead as portfolios grow.
- 6. Scalability Issues
- Compliance operations hit a growth ceiling when headcount drives capacity. Expanding into new cities or regions compounds costs, making it prohibitively expensive to scale customer acquisition without automation.
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Khách hàng phù hợp nhất
- UpPass Ideal Customer Profile
- UpPass serves B2B-facing organizations that must verify the businesses and individuals they transact with — particularly those operating in regulated industries where compliance is a legal obligation, not a choice. The ideal customer faces high volumes of business onboarding, cross-border complexity, or document-heavy verification workflows that are difficult to scale manually.
- 1. Payment Service Providers (PSPs)
- PSPs are required to verify every merchant or business they onboard before enabling payment processing. UpPass automates the full merchant KYB flow — validating business registration, screening directors for AML/PEP/Sanctions exposure, and mapping UBO structures — ensuring PSPs meet regulatory requirements while onboarding merchants faster and at scale.
- 2. B2B Remittance Companies
- Cross-border money transfer businesses face some of the most stringent AML and compliance obligations globally. UpPass enables remittance providers to verify the legitimacy of corporate senders and recipients, screen against global watchlists in real time, and maintain continuous compliance through automated re-screening — reducing financial crime risk without adding headcount.
- 3. Procurement and Sourcing Companies
- Organizations managing large supplier or vendor networks need to verify who they are doing business with. UpPass streamlines supplier due diligence by automating document collection, business verification, and UBO disclosure — reducing onboarding friction while ensuring third-party risk is properly assessed.
- 4. B2B Commercial Real Estate Companies
- Real estate transactions involving corporate entities require thorough verification of business identity and beneficial ownership to comply with anti-money laundering regulations. UpPass enables commercial real estate firms to efficiently verify corporate tenants, buyers, and counterparties — including cross-border ownership structures — without manual back-and-forth.
- 5. B2B Insurance Brokers & Intermediaries
- Insurance brokers handling corporate clients and policies must conduct KYB checks on the businesses they underwrite or distribute to. UpPass automates the verification of corporate policyholders, beneficial owners, and key directors — reducing underwriting risk and ensuring compliance with financial crime regulations across jurisdictions.
- 6. Private Banking
- Private banks serve high-net-worth individuals and family offices, many of which operate through complex corporate and trust structures. UpPass supports private banks in conducting deep UBO mapping, director KYC, and ongoing AML screening — enabling them to meet the elevated due diligence standards required for their client base while delivering a frictionless onboarding experience.
Khách hàng tiêu biểu đang trả phí
- True Corporation, Rabbit Cash, Tisco Bank, Krungsri Bank (AYCAP), Money DD by Government Saving Bank, Aeon Thanasinsap, Kasikorn Global Payment (KGP), Tally, KBJ Capital
- Over 6 banks in Thailand are using our Bank Statement Extraction and AI Data Enrichment - Perform over 20 million verifications for both individual and business entities - Perform over 60 million documents across wide range of document types such as bank statement, salary pay slip, vehicle registration book, permits, certificate of incorporations, shareholder documents, utility bills, etc. - Achieve 99.9% uptime in the last year for the services