Understanding Business Verification Code

Business Validation provides the business_ver_code which serves as a key component in providing insights into the quality and reliability of the validated business.

Business Verification Code (BVC) comprises of 3 indicators rule name, number of potential candidates for match and the match score that signifies the reliability of match expressed into a single string.

Business Verification Code (BVC) expression:

{Rule Name} {delimiter} {Number of Potential Candidates} {delimiter} {Match Score}

where {delimiter} is underscore "_".

• Rule Name: The rule name can be one of the following:

  • ID,

  • MainName,

  • OriginalInput,

  • BeneficiaryName,

  • TradingName,

  • NoMatch

• Number of Potential Candidates: This indicates the number of potential matches:

  • 0: No match found.

  • 1: One match found.

  • 2 or more: Ambiguous matches found.

• Match Score: The match score signifies the reliability of the match between 0.0 and 1.0:

  • 0.0: is no match.

  • 1.0: Represents a exact match.

  • Between 0.0 and 1.0: Indicates a partial match.

business_ver_code examples

• MainName_1_1.0: MainName used for business validation with 1 candidate found, achieving an exact match with a score of 1.0.

• OriginalInput_1_0.14285714285714285: OriginalInput used for business validation with 1 candidate found, resulting in a partial match with a score of 0.14.

• BeneficiaryName_6_1.0: BeneficiaryName used for business validation with 6 candidates found, indicating ambiguity, yet achieving an exact match with a score of 1.0.

• NoMatch_0_0.0: No match found.