AML Suite for e-Commerce and FinTechs
ENSURING AML COMPLIANCE
REAL-TIME SANCTIONS SCREENING
Tailored for e-commerce and FinTech’s
Automated flow conveniently merges into the customer-system interaction. Ensures smooth and fast buyers & sellers onboarding and payments.
& KYC
Payments
& Case Management
BENEFITS AT A GLANCE
REAL-TIME
Sanctions Screening upon Onboarding or Transaction payments, Realtime screening against Sanctions, PEP, internal lists, etc.
Effective
& Efficient
‘accurate name match’ with high phonetic proximity, ensures reliable, accurate and efficient screening. No missed hits, couples with significant reduction of false positives.
SCREENING IN 40+ LANGUAGES
Screening customers & suppliers’ names in the original Alphabets
Resolving name spelling
variations, transliterations, incl. structured names.
CONVENIENT
Intuitive Case Management Dashboard/UI
Simple integration with all e-commerce and payment processing platforms
Reduction of online friction for customers.
the aml suite includes:
REAL-TIME SANCTIONS SCREENING
performs precise screening, incl. additional user information, in under 200ms (milliseconds) supporting Realtime payments – customers / buyers. Guaranties frictionless customer experience and ensures efficient regulatory compliance.
40+ languages in original Alphabets
Efficient screening of entries in over 40 languages in their original Alphabets. Effective resolution of name spelling variations, transliterations, different ways of writing, typos, and more.
LIST MANAGEMENT
Advanced List Management engine supporting Sanction & PEP, lists from 3rd party data providers, internal lists, account restrictions, etc. Upload any type of list for any time period, any type of screening, and any type of user (buyer, seller, etc.).
SCREENING ASSURANCE
No Missed Hits - No False Negatives
Resolving different transliterations and spelling variations, similar nearby names and ‘name distance’ thresholds.
PHONETIC-LINGUISTIC ENGINE
Innovative technology capable of "understanding" the sound of each phoneme, overcoming the challenges of spelling irregularities and variations.
Automatic Alert Disposition
Smart alert-suppression, resolves alerts automatically, reduces false positives and operational burden. Using Phonetic Fingerprint combined with the examination of additional user information, such as Address, Birthdate, etc.
ANTI-DISCRIMINATION
Prevent AML discrimination by establishing “a reasonable phonetic and linguistic justification” for alerting or flagging subject names.
ENTITY RESOLUTION
Cross database analytics, mapping, unification, integration, diagnostics, search, conflicting entries resolutions, and reporting within and across different data silos.
AUTOMATIONS
Smart automations, including Automated Alert Disposition, Persistence Mechanisms, Ongoing Sanction Monitoring, Automatic Lists Synchronization, updates and changes (delta) to sanction lists, etc.
CASE MANAGEMENT
Allows effective workflow and management of an AML Compliance Dept. Supports multiuser teams' operations and semi-automated Alerts management.
REST API
AML Realtime Screening, and all other system functionalities such as List-management, Automations, Entity resolution, Case Management communications & reporting, etc. are available via REST API’s.
auditing & validation
Internal Model Validation test, performed automatically for system proofing on demand or periodically for internal/external auditing purposes. Tests include a wide range of use-cases, using random sample of synthetic data sets.
FEATURES
- Realtime <200 milliseconds
- 40+ languages in original Alphabets
- Assurance against Missed Hits
- Reduction of False Positives
- Prevent AML-Discrimination
- Automated Alert Disposition
- Geolocation and Address Resolution
- Ongoing Sanction Monitoring
- Batch Upload options
- Transparent, Explainable, Traceable
ADVANCED FULL-SCALE AML SUITE for real-time sanctions screening, accurate user profiling and lists management.
Enhanced with an effective Alert Suppression mechanism, Intuitive Case Management System, and more.