Staged underwriting is a manual review process that Assembly conducts on your pay-out users (people you are sending money to) using the KYC information collected during the KYC process.
The staged underwriting process is based on a number of underwriting thresholds determined by Assembly. The thresholds are set based on the risk profile of your platform/marketplace.
During a manual review, Assembly conducts various verification methods including, but not limited to :
- Validation of email/domain existence
- Cross-validation of social media links and other personally identifiable information (PII)
If at any point during manual review, we are unable to verify the identity of a pay-out user (person you are sending money to), Assembly will proceed with requesting further verification document/s to establish identity prior to the release of funds.
Passing as much information as possible when your first onboard a user will help create a strong user profile on your platform, and also help Assembly verify your users quickly, with as little friction as needed.