Risk Assessment Service
{
"risk_assessment": {
"risk_reference": "37rNhl",
"phone_number": "+4400000000"
}
}
Risk assessment service helps businesses in verifying onboarding customers via risk scores. These risk scores are provided by the client during the onboarding process.. The service enables you to select numerous checks to prevent fraud, create customized risk questionnaires, and configure journeys for consumers with Low, Medium, High, and Prohibited risk levels.
Shufti Pro uses following BASE URL for risk assessment request:
https://ra.shuftipro.com/risk-api/The four primary components of risk assessment are:
- Setting up risk ranges.
- Fraud prevention checks.
- Customising questionnaire.
- Setting up the customised verification journey.
The Risk Assessment Service includes two parts:
- Creation of a Risk Assessment
- Calling a Risk Assessment via API
Creation of a Risk Assessment
To create a risk assessment, the client needs to follow these steps:
- Setup the risk assessment title and risk ranges according to the business requirements.
- Select the checks from the fraud prevention - data points section to avoid fraud by checking the customer’s PhoneNo, IP, Email, and Velocity risk.
- Create multiple customized risk questionnaires with several answer types by adding scores against each answer option.
- Configure KYC journeys for consumers with Low, Medium, High, and Prohibited risk levels based on the defined risk ranges and requirements.
Calling a Risk Assessment via API
To use the risk assessment service and ask the end-users to fill in the risk assessment, clients need to send an API Request to the server with the following parameters:
| Parameters | Description |
|---|---|
| risk_reference | Required: Yes Type: string Maximum: 6 characters The “risk_reference” parameter is a string that takes one risk_reference in the string to execute the risk assessment service for your end users. |
| phone_number | Required: Yes Type: string Minimum: 6 characters Maximum: 64 characters The “phone_number” parameter is a string that takes one phone_number in the string along with risk_reference to execute the risk assessment service for your end users. |
The Risk Assessment Service is available for onsite only and before passing the Risk Assessment object in the API, please make sure that you have copied the correct risk_reference from the Risk Assessment Section listed in Products Section and the Risk Assessment must be active as well.