Welcome to the KYC/AML Technology report, designed to provide regulators, particularly AUSTRAC, with insights into the advanced technologies employed by INTJ Billing to uphold robust Know Your Customer (KYC) and Anti-Money Laundering (AML) practices. In this document, we offer a comprehensive overview of the innovative tools and methodologies we utilize to verify customer identities, detect and prevent financial crimes, and ensure compliance with regulatory requirements.
At INTJ Billing, we recognize the critical role that technology plays in combating money laundering and terrorism financing. Our commitment to leveraging cutting-edge technologies underscores our dedication to meeting and exceeding regulatory expectations while providing a seamless and secure customer experience.
In this report we will discuss the technologies that drive our KYC/AML framework, demonstrating our unwavering commitment to transparency, integrity, and regulatory compliance in all aspects of our operations.
iPhone 13 Pro Max
INTJ Billing uses the iPhone 13 Pro Max for all KYC/AML photos on location in Pattaya Thailand.
The iPhone 13 Pro Max is a high-quality smartphone known for its advanced camera capabilities, including its triple-camera system with improved low-light performance, enhanced computational photography features, and support for ProRAW and ProRes formats. These features make it well-suited for capturing high-quality photos for various purposes, including KYC/AML processes.
When using the iPhone 13 Pro Max for KYC/AML, its camera isused to take clear and detailed photos of our customers in our office in Pattaya, as well as close-up shots of their Thai ID cards. The device's high-resolution camera and advanced image processing algorithms help ensure that the photos meet the necessary requirements for identification and verification purposes.
instax 87111 Square SP-3
The instax 87111 Square SP-3 can be used in a KYC/AML (Know Your Customer/Anti-Money Laundering) context for printing high-quality film photos of people.
Here's how INTJ Billing uses it:
Printing Photos: The SP-3 is used to print photos of our customers in our office in Pattaya for KYC/AML purposes. These are high-quality printed images suitable for identification purposes.
Applying Date/Time Stamps: The SP-3 is set to automatically apply a date/time stamp to each photo as it is printed. This helps to ensure that the photos of our customers are properly timestamped for compliance purposes.
Applying GPS Coordinates: The SP-3 does not have built-in GPS functionality. We manually add GPS coordinates to the photos automatically via an app when the photos are taken.
Applying the INTJ Billing Logo: We apply the INTJ Billing logo as an overlay onto the photos before printing.
Overall, the instax 87111 Square SP-3 is a very useful tool for capturing and documenting identification photos for KYC/AML purposes, especially when combined with date/time stamping, GPS recording, and logo applications as detailed above.
ProCamera
The ProCamera app for iPhone is a powerful camera app that offers advanced features for capturing and editing photos and videos.
Here's how INTJ Billing uses it for KYC/AML purposes:
High-Quality Capture: ProCamera allows us to capture high-quality photos suitable for identification purposes. It offers manual controls for adjusting exposure, focus, and white balance, ensuring that we can capture clear and detailed images.
Date/Time Stamping: ProCamera includes a feature for adding date and time stamps to the photos we take of our customers. This can be useful for documenting when the photo was taken, which is important for compliance with KYC/AML regulations.
Geotagging: ProCamera can geotag photos, recording the location where each photo was taken. This is useful for verifying the location of the individual at the time the photo was captured, which can be important for KYC/AML compliance.
Watermarking: While ProCamera does not have built-in logo overlay functionality, we use third-party apps to add the INTJ Billing logo to the photos we take of our customers before printing them.
Encryption and Privacy: ProCamera offers options for encrypting photos and ensuring their privacy and security, which can be important when handling sensitive identification information for KYC/AML purposes.
Overall, ProCamera is a valuable tool for capturing and documenting identification photos for KYC/AML purposes, thanks to its advanced features and customization options.
Image A: Photo taken with ProCamera with INTJ Billing logo date, time and location stamp printed using the instax printer on film. Logo has been applied using PixelMator which is discussed in this report.
Image B: The back of the photo with INTJ Billing logo and contact details
eZy Watermark
The eZy Watermark app for iPhone is a tool that allows us to add watermarks to our photos.
Here's how we use it for KYC/AML purposes:
Watermarking: eZy Watermark allows us to create and add text watermarks, graphic watermarks, or QR code watermarks to photos of our customers. We have customized the watermark's text, font, color, size, and position on the photo and are using the INTJ Billing logo as the watermark.
Overall, eZy Watermark can be a useful tool for adding watermarks to photos we take of our customers, including adding the INTJ Billing logo or other branding elements as we see fit.
Pixelmator
Pixelmator is a powerful image editing app for iPhone that offers a wide range of tools and features for editing photos.
Here's how we use it for KYC/AML purposes:
Editing Photos: Pixelmator allows INTJ Billing to edit photos to improve their quality or to add our own annotations. We can adjust colors, apply filters, crop, rotate, and retouch photos to enhance their clarity and detail.
Adding Text and Graphics: Pixelmator lets us add text and graphics to the photos we take of our customers, which can be useful for adding information such as dates, times, or other annotations.
Adding Watermarks: Similar to eZy Watermark, Pixelmator can be used to add watermarks to our photos. We can create custom watermarks with text, graphics, or logos and apply them to our photos to protect them from unauthorized use.
Overall, Pixelmator is a valuable tool for editing and annotating photos for KYC/AML purposes, thanks to its advanced editing features and customization options.
ReadID
The ReadID app is a mobile identity verification app that uses NFC (Near Field Communication) technology to read and verify the information stored in electronic identity documents, such as passports, ID cards, and driver's licenses.
Here's how INTJ Billing uses it for KYC/AML purposes:
Document Verification: ReadID can read and verify the information stored in electronic identity documents, ensuring that the document is valid and has not been tampered with. This helps us verify the identity of our customers for KYC/AML purposes.
Biometric Verification: ReadID can also verify the biometric information stored in electronic identity documents, such as the photo on a passport or ID card. This can help ensure that the person presenting the document in our office is the rightful owner.
Data Extraction: ReadID can extract relevant information from electronic identity documents, such as name, date of birth, and document number. This information can be used for identity verification and record-keeping for KYC/AML purposes.
Security Features: ReadID includes security features to prevent unauthorized access to the information stored in electronic identity documents. This helps protect the privacy and security of the individual's personal information.
Overall, the ReadID app is a valuable tool for verifying the identity of individuals for KYC/AML purposes, thanks to its ability to read and verify electronic identity documents quickly and securely.
DocReader
DocReader is a mobile application that allows INTJ Billing to scan and extract text and data from various types of documents, including passports, ID cards, driver's licenses, and other official documents.
Here's how we use it for KYC/AML purposes:
Document Scanning: DocReader uses the camera on our mobile device to scan documents. This is useful for quickly capturing images of our customers identification documents for verification purposes.
Text and Data Extraction: DocReader extracts text and data from scanned documents, such as name, date of birth, document number, and other relevant information. This helps us automate the process of entering data into our database for KYC/AML verification.
Document Verification: DocReader verifies the authenticity of scanned documents by checking for security features such as watermarks, holograms, and other anti-counterfeiting measures. This helps us to ensure that the customers document is genuine and has not been altered.
Data Validation: DocReader validates the extracted data against known databases or records to verify the identity of the document holder. This helps us to ensure that the information provided by our customers is accurate and up-to-date.
Overall, DocReader is a useful tool for quickly and accurately processing our customers identification documents for KYC/AML purposes, thanks to its document scanning, data extraction, and verification capabilities.
Regula Document Reader SDK Web API
The Regular Document Reader SDK Web API is a software development kit (SDK) that provides document scanning and verification capabilities for web applications. It allows us to integrate document scanning functionality into our web applications, enabling us to scan and verify various types of our customers documents, such as passports, ID cards, and driver's licenses.
Key features of the Regular Document Reader SDK Web API include:
Document Scanning: The SDK scans and extracts information from various types of documents, including machine-readable passports (MRPs), visas, and ID cards.
Data Extraction: It extracts data from scanned documents, such as our customers's name, date of birth, and document number, which is used for identity verification and record-keeping purposes.
Document Verification: The SDK verifies the authenticity of our customers scanned documents by checking for security features, such as watermarks, holograms, and other anti-counterfeiting measures.
OCR (Optical Character Recognition): Optical Character Recognition (OCR) technology is used to recognize and extract text from scanned documents, enabling the extraction of textual information for further processing.
Data Validation: The SDK validates the extracted data against known databases or records to verify the identity of our customers and ensures that the information provided is accurate and up-to-date.
Overall, the Regular Document Reader SDK Web API provides INTJ Billing with a comprehensive solution for document scanning and verification, offering a range of features to enhance security and streamline our document processing workflows.
INTJ Billing primarily uses this SDK to verify that the passport our clients use is real and not fake. This is a very important tool in our toolkit to ensure that our customers are not using a fake passport when using our service.
Here is how INTJ Billing has used the app to verify Clarke Towson The CEO of INTJ Billing's passport. The passport is legitimate. The software at the same time verifies Clarke's selfie is indeed the same Clarke Towson as on his passport:
DeepFace
DeepFace is a facial recognition technology developed by Facebook. It uses deep learning algorithms to identify and verify individuals based on their facial features.
Here's how it is used by INTJ Billing for KYC/AML purposes:
Facial Recognition: DeepFace is used to compare our customers face against the photo we take of them in our office to verify their identity. This is useful for KYC/AML verification, where a person's face can be matched against their official identification documents.
Identity Verification: DeepFace helps to verify the identity of an individual by comparing their face against a government-issued ID card, passport, or driver's license. This helps ensure that the person presenting the ID in our office is the rightful owner.
Anti-Spoofing Measures: DeepFace includes anti-spoofing measures to prevent fraudsters from using photos or videos to deceive the system. This helps to ensure the security and integrity of our verification process.
Accuracy and Reliability: DeepFace is known for its high accuracy and reliability in facial recognition tasks, making it a suitable choice for KYC/AML verification where accuracy is critical.
Overall, DeepFace is a valuable tool for verifying the identity of our customers for KYC/AML purposes, thanks to its advanced facial recognition capabilities and anti-spoofing measures.
INTJ Billing has our own on-premises installation of DeepFace. We use it to match our customers' Thai ID cards with the photo we take of them in our office prior to setting up their Bitcoin wallets. We’re also offering it as a service to other businesses in Pattaya to help ensure that the person they’re employing is the same person in the ID card which they have presented in order to work.
When we take photos of our customers in our office in Pattaya, Thailand, including photos of themselves and their Thai ID cards, the image metadata can include several pieces of information. This metadata is often referred to as EXIF (Exchangeable Image File Format) data and can include the following:
Date and Time: The date and time when the photo was taken, which is useful for record-keeping and verifying the timing of the transaction.
Location (GPS Coordinates): The GPS coordinates of where the photo was taken, which can be useful for verifying the location of the transaction and ensuring that it took place in our office in Pattaya.
Camera Information: The make and model of the camera used to take the photo, as well as information about the camera settings, which provides additional context about how the photo was taken.
Image Resolution and Size: Information about the resolution and size of the image file, which is useful for determining the quality of the image.
Software Information: Information about the software used to edit or process the image, which provides us with additional context about how the image was created or modified.
It's important to note that while image metadata provides valuable information, including timestamps and GPS coordinates, this data can also raise privacy concerns. INTJ Billing handles and stores this information securely and in compliance with relevant privacy laws and regulations.
INTJ Billing stores the EXIF data from each photo we take of our clients to further enhance our KYC/AML procedures.
Auto Stamper
Auto Stamper is an app that allows INTJ Billing to add customizable stamps to the photos we take of our customers, including date and time stamps, signature stamps, and GPS stamps. We can customize the format, size, color, and position of the stamps. The app can automatically add stamps to our photos as we take them or apply stamps to existing photos in our KYC/AML photo gallery.
AddText&Time
AddText&Time is an app that specializes in adding customizable text and time stamps to our photos. We can choose from various fonts, colors, and styles for the text, as well as adjust the size and position of the stamp. The app also allows us to add additional information, such as location data or custom messages, to our photos.
GalleryVideo Stamper
GalleryVideo Stamper is an app that allows us to add customizable stamps to videos we take of our clients. We can add date and time stamps, text stamps, and watermark stamps to our videos. The app offers various customization options for the stamps, including font, color, size, and position. We can also adjust the duration and transparency of the stamps to suit our needs.
INTJ Billing uses AutoStamper, AddText&Time and Gallery Video Stamper to add the date/time, GPS location and the INTJ Billing logo to each photo we take of our clients on location in our office in Pattaya Thailand.
DropZone
Dropzone is a file upload tool that allows users to easily upload files by dragging and dropping them onto a designated area on a webpage. It’s particularly useful for INTJ Billing, and we use it to collect photos of passports from our male clients for KYC/AML purposes.
Here's how Dropzone is beneficial for us at INTJ Billing:
Simplified File Upload: Dropzone simplifies the process of uploading files, making it easy for our clients to upload their passport photos without needing to navigate through complex upload forms.
User-Friendly Interface: Dropzone provides a user-friendly interface that guides our clients through the upload process, reducing the likelihood of errors or confusion.
Customizable: Dropzone is highly customizable, allowing us to tailor the appearance and functionality of the file upload area to match our branding and specific requirements.
Security: Dropzone is configured to use secure protocols for file upload, ensuring that sensitive information such as passport photos is transmitted securely.
Overall, Dropzone streamlines the process of collecting passport photos from our male clients, making it a valuable tool for INTJ Billing's KYC/AML procedures.
GNU Privacy Guard (GnuPG) is a free and open-source software tool that provides encryption for files and communications. INTJ Billing utilizes GnuPG to encrypt the sensitive KYC/AML data gathered from customers, ensuring its confidentiality and integrity. The encrypted files are stored in a secure area of the INTJ Billing website (in the root directory of the root user).
GnuPG uses public-key cryptography to encrypt data, which means that there are two keys involved: a public key and a private key. The public key is used to encrypt the data, while the private key is used to decrypt it. This ensures that only the intended recipient, who possesses the corresponding private key, can decrypt and access the data.
By encrypting KYC/AML data with GnuPG, INTJ Billing ensures that customer information is protected from unauthorized access and interception. This not only helps to maintain customer privacy and confidentiality but also ensures compliance with data protection regulations and standards.
Overall, GnuPG plays a crucial role in INTJ Billing's data security strategy, providing a robust encryption solution for the sensitive KYC/AML data gathered from customers.
SSL and Let's Encrypt
SSL (Secure Sockets Layer) and Let's Encrypt are technologies that play a crucial role in securing the INTJ Billing website's secure upload forms, especially for sensitive data like KYC/AML documents.
SSL is a standard security technology that establishes an encrypted link between a web server and a browser. It ensures that all data transmitted between the web server and the browser remains encrypted and secure. This encryption prevents unauthorized access to sensitive information, such as KYC/AML documents, during transmission.
Let's Encrypt is a free, automated, and open Certificate Authority that provides SSL certificates for websites. These certificates enable HTTPS (Hypertext Transfer Protocol Secure), which is the secure version of HTTP. Let's Encrypt certificates are widely used to secure websites and ensure that data transmitted over the internet is protected from eavesdropping and tampering.
By implementing SSL with Let's Encrypt certificates on the secure upload forms of the INTJ Billing website, all data submitted by customers, including KYC/AML documents, is encrypted and protected during transmission. This ensures that customer data remains confidential and secure, helping INTJ Billing comply with data protection regulations and providing customers with peace of mind regarding the security of their information.
INTJ Billing’s Robust KYC/AML Process
Overall INTJ Billing has a robust KYC/AML process, particularly with the use of advanced technologies such as facial recognition, document scanning, encryption, and SSL.
Facial Recognition
Using facial recognition technology enhances the accuracy and security of identity verification, ensuring that the individuals accessing our services are who they claim to be.
Document Scanning
Document scanning allows for the quick and accurate verification of identification documents, such as passports and ID cards, reducing the risk of fraudulent activities.
Encryption
Encrypting sensitive KYC/AML data ensures that it remains confidential and secure, protecting it from unauthorized access and ensuring compliance with data protection regulations.
SSL
Implementing SSL with Let's Encrypt certificates on INTJ Billing’s secure upload forms ensures that data transmitted between users' browsers and our website is encrypted, further enhancing the security of our KYC/AML process.
By leveraging these technologies, we’re not only enhancing the security and integrity of our KYC/AML process but also demonstrating a commitment to regulatory compliance and customer protection. Overall, our KYC/AML process is robust and well-equipped to handle the challenges of identity verification and fraud prevention.
Regulatory Compliance
Based on the combination of technologies INTJ Billing has implemented for KYC/AML processes, we hope that we meet or exceed the requirements of KYC/AML regulations in Australia and Thailand.
Facial Recognition
Facial recognition technology enhances the accuracy and security of our identity verification, which is a key requirement of KYC regulations.
Document Scanning
Document scanning is essential for verifying the authenticity of identification documents, such as passports and ID cards, which is a core requirement of KYC regulations.
Encryption
Encrypting sensitive KYC/AML data is crucial for protecting it from unauthorized access, which is a key requirement of data protection regulations in Australia.
SSL
Implementing SSL with Let's Encrypt certificates on our secure upload forms ensures that data transmitted between our customers' browsers and our website is encrypted, which is another key requirement of data protection regulations.
Overall, the combination of these technologies that INTJ Billing has implemented demonstrates our strong commitment to regulatory compliance and customer protection. We will stay informed about any updates or changes to regulations and adjust our processes accordingly.
Conclusion
In conclusion, the implementation of these advanced technologies at INTJ Billing underscores our unwavering commitment to KYC/AML compliance and regulatory excellence. By leveraging the cutting-edge tools mentioned including facial recognition, document scanning, EXIF data, photo stamping, and data encryption, we have established a robust framework that not only streamlines customer onboarding but also enhances the security and integrity of our operations.
Our proactive approach to KYC/AML compliance aligns with AUSTRAC's objectives of combating financial crimes and ensuring the integrity of Australia's financial system. We will continue to invest in technology and innovation and we will strive to set new standards for regulatory compliance and customer protection in the digital age.
We are confident that our adherence to best practices and our ongoing commitment to utilizing the latest technologies will further strengthen our obligations to AUSTRAC and other regulatory bodies to ensure KYC/AML policies and procedures are implemented and utilized as part of our service.
Together, we can continue to safeguard the integrity of Australia's and Thailand's financial sector and protect against emerging threats in the global financial landscape.
Yours sincerely,
Clarke Towson, BCMS (Bachelor of Computer & Mathematical Science)
CEO
INTJ Billing
m: +61 432 359 166
a: 7 Cullen Court Spotswood Victoria 3015 AUSTRALIA
w: intjbilling.com
e: clarketowson@intjbilling.com
