> ## Documentation Index
> Fetch the complete documentation index at: https://docs.frankieone.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Key Terms & Definitions

## Glossary A-Z

A quick reference for other common terms.

| Term               | Explanation                                                                                                                                                                                                                              |
| :----------------- | :--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Adverse Media      | Negative news or information about an individual or entity found in reputable media sources.                                                                                                                                             |
| AML                | **A**nti-**M**oney **L**aundering. Laws and procedures designed to combat the generation of income through illegal actions.                                                                                                              |
| AML Classification | The process of categorizing AML screening results, often involving manual review to determine if a potential match is a true positive or false positive.                                                                                 |
| AML Screening      | The process of checking an individual or entity against global watchlists, sanctions lists, and PEP lists.                                                                                                                               |
| Audit              | A record of actions performed within the platform, used for tracking and compliance purposes.                                                                                                                                            |
| Consent            | Permission given by an individual for their information to be checked against various databases and external services.                                                                                                                   |
| Decision           | A critical juncture in the workflow that determines the workflow's status—be it PASS, FAIL, or REVIEW, based on the specific actions taken during the workflow.                                                                          |
| Entity             | A single individual or organization within the FrankieOne platform that exists separately from other entities. Entities house information about the individual or organization, primarily any personally identifiable information (PII). |
| IDV                | **I**dentity **V**erification. The process of verifying an identity, often involving document scans, liveness checks, and facial comparison.                                                                                             |
| Individual         | A single person who can be verified within the FrankieOne platform. Individuals can have service profiles, workflows, and risk assessments related to them.                                                                              |
| Issue              | A problem encountered during the execution of a workflow that hinders its successful completion and necessitates manual intervention.                                                                                                    |
| KYC                | **K**now **Y**our **C**ustomer. The mandatory process of identifying and verifying the identity of clients to prevent fraud and financial crime.                                                                                         |
| Organization       | A business or non-individual entity that can be verified within the FrankieOne platform.                                                                                                                                                 |
| PEP                | **P**olitically **E**xposed **P**erson. An individual with a prominent public function, who may present a higher risk for potential bribery or corruption.                                                                               |
| Process Result     | A granular piece of information used to determine the outcome of an action or step performed during a workflow.                                                                                                                          |
| Risk               | Granular risk metrics used to determine a customer's risk profile and identify potential money laundering activities. Entities are scored on these risk factors during workflow execution.                                               |
| Sanctions          | Economic or trade restrictions imposed on specific individuals, entities, or countries by governments or international bodies.                                                                                                           |
| Service Profile    | Provides a concise overview of an entity's progress within the context of a specific product or service. These profiles encompass various risk levels, workflows, and statuses.                                                          |
| Watchlist          | A list of individuals or entities subject to scrutiny under AML and sanctions regulations.                                                                                                                                               |
| Workflow           | An end-to-end process that involves a series of steps that, when triggered, will enrich or verify stored entity information. Workflows are customizable and can be built to satisfy compliance requirements.                             |
| Workflow Step      | A specific action or check within a workflow, such as KYC verification, AML screening, or risk assessment.                                                                                                                               |