Our partnership with Finastra continues
bearing fruits, as more banks start using Fincom’s advanced payments screening
AML solution that has been successfully integrated with both legacy payment systems
and modern cloud applications.
Fincom participated in Finastra’s U.S.
Payments Business Forum that took place on Nov. 9-10 in Orlando, FL, with over
100 participants, including US Financial Institutions, vendors, and partners.
Gideon Drori, CEO & Founder of Fincom, offered
a detailed overview of Fincom’s AML solution, which is getting huge market
traction due to 90% reduction of operational costs (among other things). The
discussion emphasized the importance of utilizing phonetic-linguistic engine based
on Phonetic Fingerprint proprietary technology that allows for accurate
compliance screening, preventing money laundering and ensuring compliance with strict
AML regulations.
Fincom will be helping more US banks to
enhance their compliance screening processes, providing accurate screening
results, preventing money laundering, and protecting against fines.
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About Fincom
FINCOM develops and deploys Streamlined Data Search Solutions for AML/Sanction Screening, Data Mapping, Entity Resolution, and Homeland Security applications. The most advanced, award winning platform for banking, regulatory, e-commerce and other applications, bringing innovation, efficiency, and security to financial institutions around the globe.
