AML Sanctions Screening Solution for
E-Commerce
onboarding and transactions
Smooth Online Journey with Robust AML Compliance
Fincom’s offers the e-commerce businesses and enterprises the most accurate and cost-effective AML sanction screening solution on the market, tailored to meet the specific needs of online payment platforms. The AML Suite for E-commerce fits the dynamic nature of online payments, ensuring that both sellers and buyers are legitimate parties to the transactions processed through the platform.
Fincom’s AML Sanctions Screening solutions are proven to enhance AML compliance and reduce operational costs by over 80%.
Recognized for its revolutionizing impact on the future of AML Compliance
AML Suite for E-Commerce
Different Languages: Screening customers and suppliers names in 44 languages in original scripts resolving spelling variations and transliterations.
Different Regions and Jurisdictions: Screening names (individual and entities) against different sanction or PEP lists, adhering to regulations in any region or jurisdiction.
Clear audit trail for internal or external audit. All processes are logged and time stamped, a variety of reports are available for review and download. The system is fully transparent, traceable, and explainable, as required by regulations.
Simple integration with all e-commerce and payment processing platforms. Intuitive Case Management System. Advanced dashboard reporting.
Real-time screening that does not interrupt the buying/selling flow. No friction or delays. Enhanced customer retention, trouble-free suppliers and customers’ onboarding.
Accurate screening against internal watchlists minimizes the risk of losses due to regular order cancellations, false identity, unreasonable product returns, and other fraudulent activities.
Automating as many processes as possible, STP – 95%
Reduced workloads and operational burden.
User-friendly Interface, supports multiple teams with a built-in permissions hierarchy.
Why Fincom
Reduces operational
costs by >80%
Screens in
44 Languages
Centralized
Screening Hub
Explainable
& Traceable
STP Rate
over 95%
Explainable
& Traceable
Extensive
Reporting
Intuitive Case Management System
Insights
