Best Web-Based AML Software of 2024

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.

Rapidly onboard, deboard and monitor customers. Our SaaS solution is low-code to no-code and thrives on the complexity. It empowers compliance teams at regulated financial services firms in order to be efficient, and build trusting customer relationships worldwide. Connect all your data providers into one place. Let's connect all your data providers in one place. PassFort Lifecycle provides access to the most comprehensive data on fraud, identity verification, business registry, and credit in the market through a single API. Rapidly onboard customers, then manage risk and comply throughout the entire customer lifecycle. With a SaaS-based solution, you can automate KYC, KYB, and AML policies. The weight of the activity is placed on our risk engine rather than your colleagues or clients. Automate manual processes and remedial tasks which cannot be automated. Bring in your compliance team to help with analysis, judgment, and decision making.

SmartSearch makes it easy to comply with AML, KYC, and Identity Verification. AML Providers have the most comprehensive features. SmartSearch will perform a complete AML/KYC screening, including automatic worldwide Sanctions and PEP screening. This will give you a clear pass result or refer result in just seconds. International verification can be difficult due to differences in technology, regulatory and cultural norms. We are able to verify international businesses and individuals because of our unique ability to combine multiple data sources. After the initial AML/KYC checks are completed, we monitor all clients daily and alert you if there is any change in their Sanctions status or PEP status. To ensure compliance, we can also perform retrospective checks on clients.

LetFaster specializes in cloud-based, automated Biometric Identification Screening, Fraud Detection, and Tenant Screening. Our proprietary Facial Recognition, Motion Detection and Liveness algorithms authenticate global identity documents using advanced AI and OCR technologies. Fake IDs are not easy to spot. Fake IDs would pass all background screening, so organisations are at risk of fraud or AML violations. Key Benefits: * In-Depth Tenant Screening * In-House SaaS Portal is Not an Outsourced Solution * Detect Internal and External Fraud * Key-Based 2-Factor Authentication (securer than SMS Verification). * Increase Internal Controls * Automate Workflows: Operational Efficiencies * Automated Set-Up: Offices/Properties/Buildings/Owners * Easy to use: No training required * Audit Trail * Business Intelligence * No forced tie-ups * There are no significant up-front fees

IDcheck specializes in cloud-based, automated Biometric Identification Screening, Fraud Detection, and KYC-AML. We authenticate global identity documents using advanced AI and OCR through our proprietary Facial Recognition and Frictionless Lifeness and Motion Detection algorithms. Fake IDs are difficult to spot for professionals. Fake IDs are not detected by professionals. All background screening on the person who passes must be done on the real person. Organisations are at risk of fraud and AML violations. Logging in to IDcheck is much safer than SMS verification. Key-Based 2-Factor authentication is used. The "pin" is not transmitted or stored. The pin will fail if the device is lost or stolen. However, a Key-Based 2-Factor Authentication system can detect the pin even though it is stored and transmitted. Multiple industry-specific automated portals are available with strict access management, permissions, and internal controls. This includes sanctions and checks for credit & wealth sources.

Why choose LSEG World Check? You can help meet your regulatory requirements, make informed choices, and prevent your company from being used to launder proceeds of financial crime, or being associated with corrupt practices. The LSEG World Check database provides accurate and reliable information that will help you make informed choices. It has hundreds of specialists researchers and analysts around the world adhering to strict research guidelines, as they collect information from reliable sources, such as watchlists, government records, or media searches. Simplify the screening process for your customers and third parties by combining cutting-edge technology with human expertise. The World-Check data has been structured, aggregated and de-duplicated. It can be easily absorbed in various workflow screening platforms, whether they are cloud-based or third-party, using a delivery method that meets your needs.

Effectively manage customer touchpoints, measure feedback in real time, improve customer experience, and gain valuable insights based upon smart data and analysis. No matter if you are a large multimarket company or a small startup, our market-leading Risk- and credit management solutions can be tailored to meet your needs. Our Analytics Services are a bespoke solution that meets your specific needs. They can help you improve customer relationships, reduce waste, and improve performance. No matter if your business requires data about individuals, households, companies, or industries, we can provide it via API's or web services.

Your institution is unique. Your BSA/AML software must be unique. Your financial institution and risk profile is unique. You deserve powerful anti-money laundering software to match that. BAM+ adapts to your needs to detect, manage and resolve suspicious financial activity. Do not settle for the standard. Think bigger. Risk profiles are like fingerprints. No two risk profiles are alike. BAM+ can be configured to suit the unique needs of your institution, including customers, tolerance levels, location, and other requirements. You'll be able to detect suspicious activity faster and have it resolved quickly. All the financial crime-fighting power that you need in one place. Our anti-money laundering software makes it easy to manage, streamline, and report on all aspects of your program from one place. BAM+ provides end-to-end case management and scenario analysis, fraud, OFAC screening, watchlist screening, and front-line reporting for questionable activity.

AML compliance software for institutions to reduce costs and minimize risk throughout the customer's lifecycle. Drag-and-drop widgets can be created for easy installation on any website or mobile application. You must ensure that the person behind the screen is the legal entity to which you have contracted. Artificial intelligence reduces costs, false positives and manual processes. You can easily configure and deploy encrypted compliance widgets to your website or mobile app. You can create unique KYC journeys and workflows. You can also customize styling to fit your brand. Copy and paste the compliance widget to any secure website or mobile app. You can immediately begin onboarding clients; give staff remote access. You can add widgets or update workflows at any moment, such as REST API or e-signatures.

KYC2020 is a leader in AML compliance technology. The company's mission aims to make AML compliance simple, affordable, and effective for all enterprises. KYC2020 offers global watchlist data, screening, and decisioning solutions for more than 250 customers around the world. DecisionIQ is used by organizations worldwide for PEP, Adverse Media screening, and Ongoing Monitoring. KYC2020 assists its customers in accelerating onboarding and maintaining compliance while delivering a significant decrease in manual workloads as well as a lower overall cost of compliance.

The new standard for KYC. You will experience the best fraud detection and compliance at industry-leading conversion levels. Fourthline verifies millions more identities for banks and fintechs. Best-in-class fraud detection. The Fourthline Formula, which provides the most comprehensive set of KYC analyses in this industry, helps to catch 60% more fraudsters. Choose the level of verification that best suits your business. Industry-leading conversion rates Onboard customers with the highest level of verification in less than 2 minutes Other KYC providers offer 5-10x faster handling times and significantly fewer checks at comparable conversion levels. Unparalleled security and compliance. The only KYC provider licensed both by the DNB and FCA. All of our products are locally compliant and built in-house. All data is stored and processed in the EU. Lowest Cost of Compliance Our highly skilled EU-based analysts can help you reduce your in-house costs.

KYC Connect Comprehensive KYC as-a-Service for Regulated Industries Blockpass secure eKYC allows for easy and affordable customer onboarding. Blockpass users can create a reusable ID before signing up for your service. This makes it easier to deliver documentation and verify. Why choose KYC Connect™. Get started immediately. No cost testing Pay-as you-Go There is no setup fee. KYC Connect™, with its extensive set of features, is indispensable for seamless customer onboarding. The complete service solution. Blockpass' flagship product KYC Connect™, is a complete service solution that addresses all your onboarding needs. Check your identity. This basic identity check verifies that the customer's identity document is authentic and validates the customer's name and birth date. AML & PEP screening. Conform to AML regulations. KYC Connect™, which includes ongoing monitoring, advanced AML screening, and PEP, also covers Adverse Media screening. Compliance at the lowest cost