Best AML Software for Freelancers

Effiya Technologies provides a range of solutions to help manage anti-money laundering and transaction monitoring, fraud detection, and sanctions-screening in banking and financial services. These products are based on deep business insight and an understanding of the application areas. They also use the latest software and technologies in financial compliance.

Our customers include digitally-focused financial institutions as well as fintech companies. These include major global banks, neobanks and platform banks, as well rapidly scaling fintech businesses. FrankieOne gives companies access to over 350 data sources. This allows them to make better decisions and have more information. FrankieOne allows companies to quickly and safely add customers, reducing fraud and financial risk. All the screens you need for improving customer experience and increasing conversions are in one web component. You can fully customize the look and feel to match your existing onboarding process. FrankieOne, a cloud-native platform that automates data collection and decision making for customer monitoring and onboarding, is an end-to-end platform. It orchestrates all third-party tools, including biometrics, KYC and KYB, AML, fraud, and more. It is a SaaS offering with no infrastructure and fully hosted and managed. It is always up-to date.

Transaction monitoring, sanctions screening and many more. Integrate the Flagright API to ensure AML compliance and fraud protection via a flexible, no code platform. The console empowers operational teams to collaborate and work more efficiently and faster. The console allows compliance and fraud teams independence and faster, more reliable decisions. Flagright console users can enjoy a 200% increase in productivity. Fast, collaborative, & customizable transaction monitoring. Transform customer risk assessment for transaction risk and onboarding, and get rid off spreadsheets. In seconds, you can increase your business's risk appetite and take immediate action against rapidly changing risks. Create custom risk factors for business customers or consumers. Use one API to screen individuals and entities with the most reliable data providers. Fastest integration in the world, 85% faster that the industry benchmark. All suspicious activity detection uses cases can be accessed through a single, standard API.

Vespia is an AML solution that verifies and onboards business customers and partners in less than 30 seconds. We use AI to help AML-obligated companies understand who they are dealing with.

Grow without fear and make AML better and cheaper. Due diligence enhanced in a single query. Screening for PEP, sanctions and watchlists. Identification of ownership, networks and predicted relationships. Adverse media with quantified risks analysis and fewer false-positives. Complete audit trail with data lineage. No upgrades required. Gain productivity and efficiency from day one. Every time, accurate, current and relevant data are retrieved in real-time. Onboarding clients is smooth and transactions are resolved quickly. A data catalog that supports every risk decision. MinervaAI’s financial crime risk platform allows you to stop performing manual AML investigations, and instead assess risk in real-time. MinervaAI’s cloud-based platform for risk assessment can help you build the modern financial crimes program that you need by using audit and regulator proof documentation.

Prembly is a simplified KYC/KYB solutions company that helps digital businesses acquire customers and onboard them with ease. Tools are available for instant Data Verification, Document Verification and Biometric Authentication.

Synaps offers identity verification solutions, from personhood validation through to KYC/AML/KYB processes that are regulated. Identification is a difficult task in the crypto industry. The needs of the crypto industry vary, from eliminating bots to conforming to increasing regulations. Synaps has created a gradual authentication flow for web3 that will answer any of your compliance and identity challenges, while remaining true to the privacy-friendly crypto industry ethos. Integration of Anima Protocol for instant user authentication. Legal experts on staff and solutions that comply with regulatory requirements. Data privacy is guaranteed by technology that is trustworthy. Custom identity solutions that have the highest pass rate in the world are available to you. Web3's intuitive and secure onboarding process will allow you to comply with market regulations while providing your customers a safe and secure experience. KYC can be used to detect users who are perceived as being involved in money laundering or other malicious activities.

Use a comprehensive integrated system to manage the entire financial crime lifecycle. It offers seamless onboarding, dynamic risk detection, and monitoring in one platform. Our cutting-edge compliance solution streamlines processes to ensure effective and adaptable management of risk. Our all-in-one solution is a powerful and adaptable way to manage your financial crime risk. Platform configurable without code to orchestrate identity, compliance and decision flows. The building blocks for verifying, understanding, and monitoring customers throughout their lifecycle. Global knowledge graphs of high-risk entities with continuous updates, and advanced risk detection. Verification in under 5 seconds, ensuring rapid and efficient verification to enhance compliance. Most of our clients experienced a reduction in compliance costs between 40-55%.

Drag & Drop allows you to create a set rules and workflows, which will increase the efficiency of your team and make it easier for them to use complex rules. You can distinguish between the normal and the real behavior with an AI-powered model that is based on your users' and customers' behavior. Handle millions in real-time, take automatic actions according to your rules and investigate those that you choose. It is convenient to have your entire team on the same platform. You can also add as many team members you wish. Use a comprehensive management screen for alarms to analyze and investigate potential fraud incidents and risky transactions. A fraud detection tool that can be integrated into any service or application used by your company.

AML Quppy bot is a cutting edge software solution that enhances the security and compliance for cryptocurrency transactions and wallet management. It is designed for individuals and businesses working in the digital asset sector. It offers a comprehensive toolkit to monitor, verify and ensure the legitimacy of any crypto-related activity. AML Quppy Bot is powered by an advanced algorithm which compares wallet addresses and transactions against a database of AML criteria. This includes known fraudulent patterns, entities blacklisted, and regulatory watchlists. This allows users to identify and mitigate any potential risks associated with money-laundering, terrorism funding, and other illicit activities.

bronID is an advanced AML/CTF compliance tool that enhances efficiency and accuracy when it comes to identity verification and risk assessments. Integrate bronID seamlessly into your operations for comprehensive due diligence checks of individuals and organizations in 120+ countries. Using bronID’s technology-first approach, and regular feature updates you can stay proactive in preventing fraud and maintaining regulatory compliance.

Combat fraud and financial crime with unparalleled accuracy FICO®, Falcon® Fraud Manager provides a central fraud, AML and KYC screening platform. It can be used to design rules, execute machine learning models, manage workflows, and manage investigations. FICO®, Falcon® Fraud manager allows you to support unified operations at scale. This will allow you to fight fraud faster and stop criminals sooner, allowing you to deliver digital experiences that are world-class and strengthen consumer relationships. You can extend the boundaries of financial crime detection by allowing x-dimensional freedom - any data source in any format. Mix streaming and batch updates from any source. You can easily map data to create aggregations, variables, and other contextual data services. You can choose from proven FICO machine-learning models, imported third-party models, or in-house models. Open libraries with FICO®, Analytics Workbench™, Falcon® Edition are used to develop, evaluate, and implement models.

One Cloud Platform to Manage Financial Crime. Feedzai's risk management platform manages trillions of dollars in transactions every year to protect the largest companies from money laundering and fraud. You can create personalized applications based on risk assessment. Step-up authentication is only required when it is necessary. Increase your customer base in real time with minimal friction. All transactions across your business can be monitored in real-time. You can prevent even the most complex frauds with precision and scalability. Use powerful machine learning technology for complex money laundering detection and visualization of hidden relationships between transactions. To reduce regulatory scrutiny, ensure complete transparency

A platform that integrates, is effective and practical. It helps you make better decisions and manage key areas of your compliance program. Manage third parties throughout their entire lifecycle. This includes compliance risk assessments, screening, monitoring, auditing, reporting, and offboarding. Our platform was designed by former compliance officers. It was built with one purpose in mind: to serve the needs of compliance managers. Our technology offerings are suitable for small businesses to large Fortune 500 companies that deal with thousands of third parties on every continent. You can create customized workflows that are tailored to your company and third-party processes. A standard API model allows you to integrate with hundreds systems, including SAP, Oracle, SalesForce, and HRMS systems.

By connecting all data sources within your agency, you can save time, money, and manpower. Flexible, deep search allows you to find what you need quickly and easily. You can find connections in your data in seconds, whereas it would take you hours or days to manually do so. Interactive analytics and cross-jurisdictional "baseball cards" views of subjects allow you to uncover deeper intelligence. This allows you to quickly deliver valuable intelligence. Get actionable insights from a single view to support command-level decisions.

Are your fraud losses higher that you expected? Is your fraud prevention effectiveness lower than 95%? Are you losing money at the ATMs and on the teller line? Are your check verification thresholds higher than $500? Are you spending more that 0.01% of your bank assets on systems or analysts to review suspects? Are you reviewing 250 checks for every item worth returning? Stop wasting your time and money by reviewing more than 250 checks for each item worth returning. All-In-One Check and ACH, ATM, Wire and Cash Fraud Security Solutions. All-in-one fraud solution that includes compliance reporting, case management options and increased fraud prevention for financial transactions. Innovative technology connects healthcare customers and financial services.

Although most financial institutions have the necessary data to detect fraud, it can be difficult to link it all together because it is scattered across different departments and locations. Linking becomes even more difficult when data is corrupted, whether they are intentional or accidental. Infoglide's IRE technology allows financial institutions to run real-time (or batch), federated searches across enterprise data to find, match and link similar entities. IRE is built on a service-oriented architecture (SOA), which can be used in standalone mode or integrated into other business applications through its configurable business process workflow.

To maximize customer onboarding, KYC tools are combined with a UI/UX layer. HooYu combines multiple KYC technologies to give companies confidence that their customers are real. HooYu was designed to improve customer onboarding and enhance the KYC process. HooYu Identify combines UI and UX, with a variety of identity verification technologies into one service that our clients can choose from. This allows them to create the perfect customer onboarding process that balances compliance and convenience.

AML Accelerate, a cloud-based platform for counter-terrorism financing and AML risk assessment, was developed by experts. It is available to more than 30 industries. Millions of organisations, of all sizes, in different industries and geographies, are subject to money laundering and terrorism financing laws. AML Accelerate, a platform that experts have created to help you comply with growing regulations, is simple and cost-effective. It is tailored to more than 30 industry sectors and country-specific laws. This platform gives you peace of mind that all mandatory anti money laundering regulations have been met and that your AML risk is being managed. Experts are often in short supply to help you comply with the increasing anti-money laundering risk regulations. This can be costly and complicated. Expertly designed so that you don't have to be one. Audits require compliance with mandatory regulatory requirements.

The simple-to-use compliance management platform. Moving to a digital solution will automate manual tasks, controls, and processes. One platform, one process, a single overview. A business risk assessment can be completed in 60 minutes. A comprehensive report, heat maps, and program tips for controlling policy risks are available. Work with staff to ensure that updates are immediately available to all employees in all jurisdictions. We offer a low-cost, easy-to-integrate client screening and verification solution into onboarding processes. It is fast, efficient, and time-saving. You cannot predict unusual or expected account activity if you don't know the ML/FT risk of your client. Align policy requirements with business practice. We use 40+ best practices. Effective monitoring. Ensure that priority tasks are assigned to the responsible person and that adequate AMLCO oversight is in place.

Verafin, the industry leader in Financial Crime Management Solutions, provides financial institutions with a cloud based software platform that includes Fraud Detection and Management (FD&M), BSA/AML Compliance and Management (BSA/AML Compliance and Management), High-Risk Client Management and Information Sharing. Verafin is a powerful tool that can be used by all departments of your institution, from investigators and senior managers to deposit operations, collection and front-line staff. Verafin imports, analyzes, and combines data from a variety of sources, including core, ancillary, open-source, third-party, and consortium data. Our approach uses machine learning and cross-institutional analysis to analyze one billion transactions per week in the Verafin Cloud. This reduces false positives, and increases the accuracy and quality of your alerts.

Clovis' data structures were designed to integrate seamlessly with existing data. Clovis can integrate data from legacy systems with existing data. This allows for improved alert reporting and action, as well as more flexible capabilities. ClovisQ, Clovis' AI-enabled service, can combine customer demographics, industry, location and transactions to give businesses a real-time picture of data as new patterns emerge. Our platform is available both On-Prem and SaaS so that firms can choose how they want to outsource technology and labor. This approach will allow businesses of all sizes to save significant money and increase their revenue streams. We are taking a radical approach and using our founders' experience at large consumer banks, big data companies, as well as in the U.S. Intelligence Community to develop an AI-based AML solution.

ACAMS Risk Assessment's methodology was developed and is continually updated by AML subject matter experts to give exclusive insight into the most current and relevant AML guidance and regulation. ACAMS Risk Assessment automates cumbersome processes like scoring, annual reporting, and internal control development. ACAMS Risk Assessment offers institutions around the world an automated way to measure, understand and explain their money laundering risk. ACAMS Risk Assessment's methodology was developed by AML experts and is regularly updated. It provides insight into the most current and recent AML regulations and guidance. ACAMS Risk Assessment improves your control and efficiency by standardizing and automating previously cumbersome processes like scoring, annual reporting, and internal control development.

Token of Trust is trusted by people all over the globe, from meeting people online to managing a business. Use reliable information from multiple sources. Connect behavior to an identifiable individual. Make informed decisions about the people with whom you deal. You should only share a summary of your data to protect your identity. Both mobile and web users can access the Token of Trust®, which allows them to verify and make decisions. All platforms and marketplaces need to verify users, increase consumer confidence, and build trust.

This anti-money laundering solution is the best in its class. It covers all compliance processes and practices. It provides a time-saving, integrated solution that meets all compliance and risk management requirements of your financial institution. AML Manager combines advanced technology with a user-friendly interface and powerful tracking tools. It makes it easier and more efficient to investigate suspicious activity. Intelligent transaction monitoring in AML Manager detects alerts with the highest risk based on behavioral profiling, peer group analysis, and rules. This significantly reduces false positives. AML Manager's intuitive investigation interface makes it easy to identify suspicious networks and associations. It also supports advanced drill-down and link analyses. The interface supports peer-group comparison and profile investigation capabilities.