Take a proactive approach to fighting financial crime and enhance your Know Your Business (KYB) processes with analytical insights derived from key data sources. Experian has undertaken extensive research to understand how criminals used registered businesses to perpetrate crimes and how data trends from multiple sources can be used to spot suspicious behaviour.
How can we help?
Using a data-driven approach which provides adaptable, client-controlled AML strategies and analytics, we allow you to automate manual processes, improve your ability to detect risk, and enable you to provide the smooth experience being demanded by your customers.
AML Flags analyse two data sources for patterns which can indicate suspicious activity:
Adverse Markers
Adverse Markers use Companies House data to highlight predictive characteristics to identify unusual behaviour. Companies displaying a combination of these markers require enhanced due diligence. There’re four categories of flags:
Cashflow profiles
Cash flow profiles play a crucial role in identifying financial crime within a portfolio. By analysing the patterns and trends of cash flows in an account, firms a can uncover suspicious activities and detect potential fraud.
Move away from costly period remediation programs to trigger-based risk assessments
Reduce workload and prioritise cases based on your risk conditions and requirements
Identify suspicious behaviour earlier for investigation
More confidently onboard ‘good’ customers
Automate manual processes for compliance staff
Stay up to date with changes to a customer's profile and risk exposure
Interested in discovering our API's? On Experian's Developer Portal you can easily access our AML Flags API, via our Know Your Business (KYB) API. Get insight into Experian integration criteria by viewing instructions on how to easily access and integrate data and understand how our API's meet your business needs.