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- Smart policies
Smart policies
The rules that determine which onboarding tasks are required for a profile during a product application, for example, verify an individual’s identity.
Smart policies can be configured to approve profiles that have passed all onboarding tasks automatically. If you have assigned a risk model to a product, smart policies can also automatically reject applications at or above a specified risk level.
Smart policies are specific to profile type, either individual or company, meaning that a smart policy is always applied to either individual profiles or company profiles.
The due diligence measures that must be taken to onboard a profile successfully. Tasks are displayed on the profile’s product application.
The applicants or customers currently going through your onboarding processes. One profile is created per applicant or customer.