FinScan

Anti-money laundering screening and transaction monitoring

Product Overview

FinScan is a comprehensive Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance solution developed by Innovative Systems. It offers a suite of tools designed to assist financial institutions and organizations in effectively managing compliance obligations and mitigating risks associated with financial crimes.

Features

  • AML Solution: Provides integrated AML checks to ensure compliance with global regulations and protect businesses from financial crime.
  • KYC Onboarding: Facilitates accurate identification and resolution of risks during customer onboarding and daily operations.
  • Data Quality & Enrichment: Enhances data integrity to improve screening results and uncover hidden risks.
  • Advisory Services: Offers consulting services covering areas like data governance, data migration planning, auditing, and customer data management.
  • FinScan Enhance: An advanced screening platform that improves risk detection and reduces false positives by addressing data quality issues such as joint accounts, hidden names, and noise words.
  • ID Validation: Provides automated, multi-layered checks to authenticate identification documents and combat identity fraud.

Company Details

Headquarters
🇺🇸 New York, United States
Type
Legal Tech Vendor
Funding Stage
Bootstrapped
Pricing
Custom
Deployment
Cloud