Glossary

Every term, A to Z.

The language of evidence-led credit, in one place — each entry tagged as a product you buy, a signal that composes into a pack, a platform capability underneath, or an evidence concept.

A

AssureCLA — Co-Lending AssuranceProduct
The independent assurance control plane for RBI Co-Lending Arrangements: 24 paragraph-cited controls recomputing retention, the blended rate, the 15-day booking clock, escrow, bureau filings and classification sync from both REs' own evidence — with an honest status model where unassessed is never green. A TSP with no allegiances: not a LOS, LMS or orchestration platform; findings and evidence only, never funds or the credit decision.Read more →
AssureConnectProduct
Lender-side connectors (CERSAI · Account Aggregator · CKYC · GeM/PFMS) that run inside the lender's own trust boundary on the lender's credentials, returning signals — never raw records.Read more →
AssurePool — Pool AssuranceProduct
Pool assurance, not pool brokerage: eligibility and holding-period screens over the CLA evidence base, a frozen loan tape under a manifest hash, attributed overrides (regulatory exclusions non-overridable) and post-close surveillance — waterfall conservation, trigger states and reporting-gap detection. The transferee's diligence stays its own.Read more →
AssureSignal for Export FinanceProduct
Post-shipment evidence: IEC, ECGC cover, e-BRC and confirmed-delivery settlement — so a lender can follow a deal through to repayment.Read more →
AssureSignal for Invoice FactoringProduct
The invoice-factoring product for a lender's own off-exchange receivables — a tiered evidence rail distilled into an Evidence Confidence Score with a conflict engine.Read more →
AssureSignal for Purchase OrderProduct
The flagship pre-shipment product: a verified three-party (buyer, borrower, subcontractor) evidence pack a lender pulls before underwriting.Read more →

B

BAV — Bank Account VerificationPlatform
A penny-drop / name-match check that an account belongs to the named party — a building block inside identity and KYB flows.
Buyer acceptanceConcept
Confirmation from the buyer that an invoice or receivable is accepted and undisputed — the foundation for financing it. Captured as evidence before a finance decision, not assumed.Read more →

C

Co-Lending Arrangement (CLA)Concept
A bank–NBFC pairing under the RBI (Co-Lending Arrangements) Directions 2025: each RE retains at least 10% of every loan, the partner commits ex-ante and books within 15 calendar days, all flows route through escrow, both REs report to the credit bureaus, and borrower-level classification moves in step. One loan, two books, one set of obligations — the two-book control problem AssureCLA exists to referee.Read more →
Conflict engineSignal
The rule set inside a pack that weights the patterns lenders lose most on — related-party, missing e-way movement and double-financing — heaviest, and flags the pack.

D

DigiKYBProduct
Reusable entity (business) verification — GSTIN, Udyam, MCA/CIN + directors via the PAN bridge — issued once, presented many times. (The reusable entity store was formerly called the “Entity Vault”.)Read more →
Duplicate financingConcept
The same purchase order or receivable financed more than once. Three layers reduce it: the lender-run CERSAI charge search (authoritative, on the lender's own access), awareness of TReDS-discounted invoices (already financed on-exchange), and AssureLocker's tamper-evident hash of each PO/receivable recorded in an immutable registry — which also covers the bilateral receivables that never reach CERSAI or TReDS.Read more →
Duplicate-PO / Double-Financing SignalSignal
Repeat-presentation / PO-hash detection; the authoritative receivables-charge search is lender-run on the lender's own CERSAI access (via AssureConnect).

E

Evidence Confidence ScoreSignal
A 0–100 score for a receivable with a CLEAR / REVIEW / FLAGGED band — the headline output of the Verified Receivables Pack. Not a credit score; a measure of how strongly the evidence stands up.
Evidence freshnessConcept
How current a piece of evidence is — the time since it was checked at source. Each item carries a checked-at timestamp and freshness label so stale evidence is visible, not silently trusted.
Evidence tierSignal
How strongly each signal is evidenced — registry-verified, lender-side, issuer-confirmed, document-signed, self-declared, or missing. Every signal in every pack carries its tier (see the ladder below).

I

Immutable registryPlatform
Membership, credential, identity-state and PO/receivable events are recorded as tamper-evident hashes in an immutable, independently-verifiable public registry — including an independent duplicate-financing check that also covers receivables off CERSAI and TReDS. Hashes only — never raw PII.
ITR — Identity Trust RegistryPlatform
The registry that records the state of verified identities. AssureLocker anchors a tamper-evident hash of each identity's state (the “IST” — identity state) — never raw PII.

L

Lender-ready evidence packConcept
A structured, source-linked bundle of an entity's verified evidence — with tiers, timestamps, freshness and an audit trail — assembled so a lender's own team can review cleaner evidence before making its own decision.Read more →
Lender Rule ContainerSignal
A lender's own credit policy expressed as a signed, API-first rule set applied to packs — assistive only; the credit decision always stays with the lender.

P

Proxy discriminationConcept
When an algorithm uses inputs like location or behaviour that correlate with community or income without anyone mapping the link — the failure mode we test our own signals against, calibrated for India's realities rather than a borrowed template.Read more →

R

Receivable dilutionConcept
The risk that a receivable's collectable value shrinks after financing — through returns, credit notes, disputes or set-off — so the lender recovers less than the invoice face value.

S

Source-linked evidenceConcept
An evidence item tied back to the source it came from (registry, issuer, document or self-declaration), with the source recorded — so a reviewer can see where each fact originates, not just that it was asserted.
Standards (W3C VC · OID4VP · SD-JWT)Platform
The W3C Verifiable Credentials and OpenID4VP standards AssureLocker issues and verifies with, enabling selective disclosure — sharing only the attributes a verifier needs.
Subcontractor Capacity SignalSignal
Workforce, turnover and GST-consistency indicators for the C-leg of a PO chain — can the subcontractor actually deliver? Part of the PO Risk Signals Pack.

T

TFI — Trust Financial IntelligencePlatform
The internal analytics layer that turns registry, tax, trade and banking evidence into the risk signals inside a pack.
TReDS (Trade Receivables Discounting System)Concept
RBI-regulated exchanges (RXIL, M1xchange, Invoicemart) where accepted invoices are discounted. Complementary to AssureLocker: TReDS covers accepted, on-exchange invoices; we cover the pre-shipment, unaccepted and bilateral receivables it doesn't reach — and treat a TReDS-financed invoice as a duplicate-financing signal.Read more →

V

VEI — Verified Entity IdentifierPlatform
Any identifier in — GSTIN, CIN, PAN, Udyam or LEI — resolved into one verified, continuously-refreshed entity identifier, so a duplicate entity or an already-financed deal is caught even when it arrives under a different name. Produced by DigiKYB (the verification process); it's the entity-level foundation AssureFirst's first-financing fingerprint sits on — like a Domestic LEI for existing identifiers, and a working reference for the kind of resolved identifier RBI's Domestic Legal Entity Identifier (DLEI) study contemplates, with a live status layer a static number can't have. Not itself an LEI; GLEIF's Legal Entity Identifier is one of the identifiers it resolves.Read more →

The evidence-tier ladder

Every signal in every pack is labelled by the strength of its evidence — strongest first. Tiers 1–5 are decreasing strength; Missing is the honest sixth state, surfaced and never hidden. The same vocabulary drives the engine, the pack PDFs, the data-source posture and the downloadable matrix.

  1. T1Registry-verifiedChecked live against a government / authorised source (GSTN, MCA21, EPFO, DGFT, DigiLocker via an authorised provider).
  2. T2Lender-sideRun inside the lender's own trust boundary on the lender's credentials via AssureConnect (CERSAI, AA/FIU, CKYC, GeM/PFMS). AssureLocker receives a signal only.
  3. T3Issuer-confirmedConfirmed by the issuing party — buyer, bank, ECGC, insurer, inspector or carrier.
  4. T4Document-signedBacked by a cryptographically signed document (e.g. DSC); signature / hash intact, issuer not independently re-confirmed.
  5. T5Self-declaredStated or uploaded by the MSME / counterparty; not independently verified — the weakest tier.
  6. MissingEvidence unavailable or inconsistent — surfaced, never hidden.

See the products in detail, or the live environment posture for each capability.

AssureLocker
Right Vectors India
3rd floor, Innov8, SKCL Tech Square,
SIDCO Industrial Estate, Guindy,
Chennai, TN 600032

AssureLocker is a verification & orchestration platform — not a lender. It supplies verified evidence and risk signals checked against authoritative sources (GSTN, MCA21, EPFO, CERSAI, Account Aggregator) and orchestrates the assessment room. It does not lend, hold or move funds, operate escrow, set advance rates, or make the credit decision — the lender's system of record makes that decision and disburses. Right Vectors India, the provider of AssureLocker, operates strictly as a Technology Service Provider. Every signal is labelled by evidence tier — registry-verified, lender-side, issuer-confirmed, document-signed or self-declared (missing where unresolved); some integrations are in sandbox, lender-side or pilot, and records are written to an immutable registry (hashes only — never raw PII). Signals and figures are point-in-time and consent-bound; confidential to the named parties.

Explainable, evidence-tiered signals — auditable on request. Our algorithmic-accountability approach →

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