Complying with the UK's stringent, ever-changing Anti-Money Laundering (AML) and Know Your Customer (KYC) guidelines can feel tough at times, especially in an evolving digital landscape and with departmental budgetary constraints. But with a customisable toolset, you can still develop good governance and risk quantification at a price you can afford.
Due diligence checks to verify customer identities are essential in any organisation covered by money laundering regulations. Not just because such checks are required by UK law, but because they protect your business from investing in bad credit risks and the financial losses they often bring. Worse, serious breaches could lead to reputational damage, significant fines and even prison terms…Discover AML compliance solutions
AML watchlist screening is an efficient way to protect your operation from financial criminals no matter where they are. Depending on your chosen implementation, AML watchlist screening can be used to identify customers or employees whose names appear on lists of known money launderers.Speak to an expert
One of the best ways to guard against identity fraud is to make sure your ID verification processes are aligned with the UK government’s Good Practice Guide 45 (GPG45) and guidance from the Joint Money Laundering Steering Group (JMLSG). Fortunately, there are numerous ways you can achieve that…Speak to an expert
You probably spend a lot of time on due diligence and performing AML and KYC checks when you’re onboarding new clients, but how confident are you that you could spot if one of your existing customers became involved in financial crime? Fortunately, powerful analytical tools can give you a more complete picture of your customers so that you can better manage risks hiding in your portfolio.Speak to an expert
State-of-the-art tools and techniques to combat ID fraud and confirm customer identities.
Validate user identities in a seamless, invisible way without compromising checks.
Make sure you know everything you need to about selected assets and individuals.