Contour. Traffic light

"Contour.Traffic light" provides an express check of counterparties in the Internet bank. The service increases the functionality of the Internet bank for legal entities: a built-in automatic check evaluates the reliability of the recipient of the payment and gives customers recommendations to reduce risks.

2021: Availability at SBI Business Internet Bank

The Traffic Light counterparty verification service, which allows assessing the reliability of contractors based on data from official sources, has become available to customers of SBI Business Internet Bank. The service was launched together with Loop, an ecosystem of products for business. This was announced by SKB Kontur on August 30, 2021. More details here.

2020: Availability at Halyk Bank

On May 25, 2020, it became known that Halyk Bank connected the Kontur.Traffic Light counterparty verification service in its Internet bank. More details here.

2019

Integration with Metallinvestbank Internet Bank

Metallinvestbank integrated Traffic Light, a service for checking counterparties from Kontur.Foca, into the Internet bank. This was announced on December 22, 2020 by SKB Kontur. More details here.

Availability to VTB non-bank services platform users

On December 18, 2019, SKB Kontur announced that the express verification service of Kontur.The traffic light will be available to all registered users of the VTB non-bank services platform: individual entrepreneurs and legal entities that are customers of not only VTB, but also other banks.

Cooperation with an unreliable counterparty carries commercial and tax risks. If a tax company finds a one-day company in the payment chain, it may refuse a VAT deduction, as well as challenge some expenses in the tax base.

To exercise due diligence and check the company, now it is enough to go through a simple registration procedure on the VTB website. However, the verification limit is not limited.

Checking in Traffic Light on the platform of VTB Bank takes several seconds, the client should only enter the company's TIN. The service analyzes information from 30 official sources and gives the result in the form of an understandable color signal.

The red color suggests that the counterparty is declared bankrupt or is in liquidation.

Yellow signals recent changes in company data, tax debts, signs of a one-day firm at the organization.

The green color confirms the reliability of the company.

The user can quickly assess the reliability of the counterparty and, if necessary, cancel or postpone the payment. To find out the details of the counterparty's financial and economic activities, the client can download the report. It provides an explanation of the signals and recommendations for reducing the risks of cooperation.

Banks and IT integrators, including SKB Kontur, are joining forces to create a comfortable ecosystem of services for small and medium-sized businesses. Entrepreneurs can solve most of their tasks in an Internet bank and pay more attention to business development, said Evgeny Ivanchenko, head of work with banks of SKB Kontur

Integration into Loko Bank Internet Bank

Contour Accessibility. Traffic light for Visa business card holders

From October 1, 2019, cardholders VisaBusiness, VisaPlatinumBusiness, VisaCorporate and VisaPurchasing can check counterparties for free in the Kontur.Traffic light from SKB Kontur. This will avoid cooperation with one-day firms and unwanted payments.

Visa customers can click on the link to enter the Contour web interface. Traffic light and enter the TIN or the name of their counterparty. In a few seconds, a color signal will light up in Kontur. traffic light, which will tell whether to cooperate with this company or not. You can read the decryption of the facts in the express report, which will be available by link.

Information about the counterparty comes to Traffic Light from the Contractor's counterparty verification service. Focus, which, in turn, receives data from 27 official sources. Among them are the Unified State Register of Legal Entities and EGRIP, the file cabinet of the Supreme Arbitration Court, state contracts for 44-FZ and 223-FZ, financial statements, bankruptcy reports, etc.

Express verification of counterparties in Traffic Light is an opportunity to protect yourself from an unwanted partnership or cancel the payment on time if there are doubts about the financial stability of the counterparty. At any time, Visa cardholders can verify the reliability of customers and suppliers, as well as check the developer, travel company or future employer.

Opportunities

Capabilities of the Kontur.Traffic Light service for October 2019:

• Clear verification results
  • Thanks to traffic signals, bank customers can immediately make an opinion about the counterparty and cancel the payment if necessary. Red signals say the company has already ceased operations or is in bankruptcy or liquidation. Yellow - show that this counterparty should be paid attention. Perhaps he recently changed his leader, there are executive proceedings on salaries, etc. Green signals confirm the business activities of the business partner over the past 12 months.

• Fast Trustworthiness Check
• The traffic light allows bank customers to work only with reliable partners and make informed decisions about cooperation, avoiding risks. By TIN or name, the service searches for information about the counterparty in open official sources and reports significant facts that may affect the decision to make a payment. The bank's client sees the results of the check in the form of color signals that appear next to the name of the counterparty company. You can see a detailed explanation of the facts in the express report, and the whole check takes a few seconds.
• Convenient work scenarios
  • You can choose where Traffic Light will present to customers information about the counterparty: in the window for preparing payment orders, in payment lists, in the directory of counterparties or as a search result.

• Information from official sources
  • The service processes information obtained from open official sources and reports facts that may affect the financial and economic relations with the counterparty. The following sources of data on legal entities and individual entrepreneurs are used: the Unified State Register of Legal Entities and the Unified State Register of Legal Entities, state contracts for 44-FZ and 223-FZ, accounting statements, arbitration cases, bankruptcy reports, issuer communications, a database of unscrupulous suppliers, enforcement proceedings, etc.

• Characteristics of one-day firms according to the criteria of the Federal Tax Service
  • If one-day firms are present in the payment chain, the Federal Tax Service may challenge the validity of the VAT deduction, as well as the inclusion of certain expenses in the expenses when calculating income tax. Checking counterparties in Traffic Light, the bank's client does not need to independently conduct a comprehensive analysis of the activities of business partners in order to exclude the signs of one-day firms. The results of the audit remain in the Internet bank. If necessary, the customer can print the report and submit it to the tax office as evidence of due diligence in making the payment.

• Risk Mitigation Recommendations
  • You can get a detailed explanation of the "signals" of the traffic light in the verification report. The report includes a description of the material facts of the counterparty's financial and economic activities, the results of the company's verification for compliance with the criteria of one-day firms and recommendations for the bank's client to reduce risks with further cooperation with this counterparty.

• Smart Search
  • The service allows Internet bank customers to search for counterparties without specifying a TIN, only by name. To refine the search, you can specify the address or region of registration of the organization of interest. At the same time, the service recognizes names on incomplete request, corrects incorrect keyboard layout and popular typos. You can choose the appropriate option to integrate smart search into the Internet bank.