About Fincom

DELIVERING CUTTING-EDGE TECHNOLOGY

FOR AML SANCTIONS SCREENING

With its track record of success in AML sanction screening, Fincom’s solution delivers >93% STP rate, reduces operational burden, and fully meets the stringent regulatory requirements.

What we do

Fincom brings innovation to AML Technologies, delivering cutting-edge solutions for Sanctions Screening and enhancing the efficiency and effectiveness of AML compliance. It offers a unified suite supporting diverse AML sanction screening applications, all payment types (Wire, Instant Payments, ACH, and Swift), KYC Onboarding and Ongoing (pKYC), Trade Finance, and improving compliance activities while reducing sanctions screening operational costs by more than 80%.

Fincom’s solutions have been adopted and proven efficient by dozens of US banks, Financial Institutions in the EU and UK, international regulators, and leading technological companies, and have gained their trust due to exceptional performance, unprecedented accuracy, fast, deployment, and great service.

Fincom’s reselling partners include leading Payment Service Providers, FinTechs, and Global IT integrators.

Our Technology

At the core of Fincom’s Sanctions/OFAC screening solutions are its proprietary Phonetic-Linguistic and Entity Resolution engines, based on innovative Phonetic Fingerprint Technology. Combined together, these powerful tools provide unparalleled capabilities for accurate name matching in real time, effectively handling different transliterations, spelling variations, and unstructured names across 44 languages.

Security Certificates

Fincom is proud to be ISO 27000 and SOC 2 certified, ensuring the highest standards of security and compliance for our clients.

ISO 27001 Certified

SOC 2 Certified

Supported by leading advisors:

Jeff Denham

Member of the Advisory Board, partner at Dentons, former member of US Congress

James Walker

Chairman of the Advisory Board, Former Head of JP Morgan Wealth management

What our clients say about us

The glowing testimonials from our clients reflect the trust they place in our services. These awards and clients experiences showcase our commitment to empowering Financial Institutions worldwide with cutting-edge compliance solutions and exceptional support.

We have worked with Fincom right at a year now and its automated OFAC processing platform has help our organization decrease the number of potential OFAC hits and decrease wire processing times. Their team has been there to assist us in every way possible through implementation and daily processing. Additionally, during a recent audit their team didn’t hesitate to step in and provide the items requested by our audit department. It’s been a great partnership.

Fincom did testing and implementation in an accurate and efficient way! I am very pleased with Fincom and would recommend it to any financial institution.

Excerpts from Testimonial by Fred Gibbons, Jefferson Bank

We partnered with Fincom. It’s a very sophisticated product and it is the Best of Breed. We’ve seen a dramatic decrease in False Positives, I also like the GUI. You have a better understanding of what’s going on, and you get excellent reporting out of that. It’s a really good solution... and I look forward to continuing with it for a long time.

I am writing to provide a reference for Fincom. Specifically, the AML Sanction Screening solution used for our payment rails (Wires, ACH, and Real Time Payments), and the perpetual KYC screening system. Prior to Fincom’s solution AgriBank has been using another vendor’s token based OFAC/AML screening with an average of 95% false positive hits. Upon implementing the Fincom solution …it dropped to about 8% and over the next months – to between 5% and 3%, creating greater efficiencies and more confidence in our screen.
I highly recommend the Fincom suite of products to any organization looking to replace their legacy OFAC/AML/KYC Sanctions Screening solution.

Since becoming a Fincom client, our team has seen an 85%+ decrease in the number of OFAC wires requiring a review. This change has been a huge efficiency for our team and let’s us focus more on processing wires and providing exceptional service. Using the system is easy, user friendly and allows for additional reporting so you always have the information you need to access your work. Fincom has been the best thing we could have done to enhance our review while creating efficiencies for our team! Thank you Fincom team!

Fincom Leads Innovation in AML Compliance

Our journey is marked by awards for excellence and client feedback that speaks to the trust and value we bring to their compliance needs.

At Fincom, we take pride in being recognized for our commitment to innovation and excellence in AML Compliance. Our growing collection of awards show that our AML OFAC Screening and other Compliance solutions make a real difference.