AML/KYC process simplification

Where machines can help your compliance officer

Be Confident in Your Compliance

Compliance Module is an integral part of our banking engine, allowing financial companies to provide fast customer on-boarding, vigilant monitoring and accountability in front of auditors and regulators. You may configure the platform for unique circumstance and best practices of your institution. The platform is connected with the top European and American AML/KYC 3rd party providers that will bring even more trust from your supervisory authority.

In brief, your Compliance team will love it!

Fast and efficient on-boarding is the crucial element in any FinTech business. The process should be seamless and straightforward. Our Compliance Module will help your clients to sign-up from a computer or mobile using cutting-edge technology.

We sign-up more users

Increase conversions by up to 70% with fast
and seamless on-boarding

We cut your expenses

Save with compliance staff and reduce
costs of using multiple AML providers

We minimise your risk

Stay compliant and reduce fraud

On-boarding

All that within minutes!

Receiving account application form to the back-office/CRM
Video facial recognition with face matching technology
Automatic passport/ID card verification
Automated Global AML Watchlist checking
Push notification for confirmation of the email/phone number
Automated retrieval of company key information from dozens of government registers for corporate clients*
Uncover UBO structure for corporate clients*
Tracking the IP address of the application
Assignment of a risk scoring with specific limits for incoming/outgoing payments
Match with information in banks, mortgage companies and credit bureaus
Automatic rejection by numerous parameters

* Available for certain jurisdictions

Reporting

KEEP YOURSELF ACCOUNTABLE

Setting fire-walls based on numerous parameters (amount, currency, key words in payment details, etc.) for incoming and outgoing transactions
Automatic checking of sending/receiving parties through various Watchlists
Alarms about accessing the online/mobile banking from a blacklisted country/IP address
Weekly automated blobal AML Watchlist checking
Possibility to rescore the client and change the limits
Manual acceptance/rejection of incoming/outgoing transactions
Automatic blocking the account based on preset parameters
Manual request for supporting documents/information about a transaction
Limitation of card usage (ATM/online/POS) by MCC code or by country
Requesting acceptance of a transaction by a senior Compliance Officer based on preset parameters

Reporting

KEEP YOURSELF ACCOUNTABLE

Segregation of clients by multiple parameters
Consolidated report about total incoming/outgoing transactions
Ticketing system with tracking of all actions performed with a client’s file
Automatic notifications to competent authorities about certain transactions
Auditor friendly reporting