High Risk Industry Check

The High Risk Industry check helps identify potential risks by verifying a business’s industry classification and ensuring it does not operate in prohibited or high-risk industries. This guide explains how to run the check, what data to provide, and how to interpret the results.

Overview

The check analyzes various aspects of a business’s industry:

Primary business activities
Industry classification
Prohibited industry screening
High-risk sector evaluation
Business model assessment

Running the Check

API Endpoint

POST https://api.parcha.ai/api/v1/startKYBAgentJob

Request Parameters

Important: You must use your own agent key, not a default or public agent key. Your agent key can be found in the Parcha dashboard under your agent’s settings, or in the “Test API Integration” dialog.

agent_key

string

required

Your KYB agent key from the Parcha dashboard. This is unique to your organization and agent configuration.

check_id

string

required

Use "kyb.high_risk_industry_check" for industry risk verification.

payload

object

required

The business information for verification.

Show Payload Properties

string

required

A unique identifier for this check case.

self_attested_data

object

required

business_name

string

required

The legal name of the business to verify.

industry

string

The self-attested industry of the business.

business_activity

string

Description of the business’s activities and operations.

Example Request

curl -X POST 'https://api.parcha.ai/api/v1/startKYBAgentJob' \
-H 'Authorization: Bearer YOUR_API_KEY' \
-H 'Content-Type: application/json' \
-d '{
  "agent_key": "your-kyb-agent-key",
  "check_id": "kyb.high_risk_industry_check",
  "payload": {
    "id": "industry-check-001",
    "self_attested_data": {
      "business_name": "Parcha Labs Inc",
      "industry": "Financial Technology Services",
      "business_activity": "Development and provision of business verification and compliance software solutions"
    }
  }
}'

import requests

api_key = 'YOUR_API_KEY'
url = 'https://api.parcha.ai/api/v1/startKYBAgentJob'

headers = {
    'Authorization': f'Bearer {api_key}',
    'Content-Type': 'application/json'
}

data = {
    'agent_key': 'your-kyb-agent-key',  # Replace with your actual agent key
    'check_id': 'kyb.high_risk_industry_check',
    'payload': {
        'id': 'industry-check-001',
        'self_attested_data': {
            'business_name': 'Parcha Labs Inc',
            'industry': 'Financial Technology Services',
            'business_activity': 'Development and provision of business verification and compliance software solutions'
        }
    }
}

response = requests.post(url, json=data, headers=headers)
print(response.json())

import axios from 'axios';

const api_key = 'YOUR_API_KEY';
const url = 'https://api.parcha.ai/api/v1/startKYBAgentJob';

const data = {
  agent_key: 'your-kyb-agent-key',  // Replace with your actual agent key
  check_id: 'kyb.high_risk_industry_check',
  payload: {
    id: 'industry-check-001',
    self_attested_data: {
      business_name: 'Parcha Labs Inc',
      industry: 'Financial Technology Services',
      business_activity: 'Development and provision of business verification and compliance software solutions'
    }
  }
};

axios.post(url, data, {
  headers: {
    'Authorization': `Bearer ${api_key}`,
    'Content-Type': 'application/json'
  }
})
.then(response => console.log(response.data))
.catch(error => console.error('Error:', error));

Initial Response

{
  "id": "job-abc123",
  "status": "PENDING",
  "created_at": "2024-02-15T10:30:00Z",
  "updated_at": "2024-02-15T10:30:00Z",
  "agent_id": "your-agent-key",
  "input_payload": {
    // Original request payload
  }
}

Retrieving Check Results

Once the job is complete, retrieve the results using the job ID with the getJobByID endpoint. Make sure to include the include_check_results=true parameter to get the full check results.

GET https://api.parcha.ai/api/v1/getJobByID?job_id=job-abc123&include_check_results=true

Check Process

The high risk industry check follows these steps:

Industry Analysis
- Evaluates primary business activities
- Analyzes business model and operations
- Reviews product and service offerings
Risk Classification
- Screens against prohibited industries
- Identifies high-risk sectors
- Assesses regulatory requirements
Verification Process
- Reviews business documentation
- Analyzes online presence
- Verifies against NAICS standards
- Cross-references industry databases

Check Results

Once the check is complete, you can retrieve the results using the check ID. The results will include:

Response Structure

{
  type: "IndustryActivityCheckResult";
  passed: boolean;
  verified_industry: string | null;
  verified_business_activity: string | null;
}

Get Started

Concepts

Use Cases

Know Your Business (KYB)

Know Your Customer (KYC)

Overview

Running the Check

API Endpoint

Request Parameters

Example Request

Initial Response

Retrieving Check Results

Check Process

Check Results

Response Structure

​Overview

​Running the Check

​API Endpoint

​Request Parameters

​Example Request

​Initial Response

​Retrieving Check Results

​Check Process

​Check Results

​Response Structure

Overview

Running the Check

API Endpoint

Request Parameters

Example Request

Initial Response

Retrieving Check Results

Check Process

Check Results

Response Structure