Ensure Anti-Money Laundering Compliance with Facia
A Robust AML compliance solution can bolster digital security!
- Liveness Detection
- Face Search
- Face Match
- Cross-platform integration
Ensure AML compliance and protect your business from fraud
Instantly Detect Transactions
Globally detect fraudulent transactions from individuals involved in money laundering
Enhance Customer Due Diligence
Enhanced customer due diligence for financial institutions by assessing the risks associated with potential transactions
Increase KYC Compliance
Combat several types of fraud including, identity theft, account takeover, and technological fraud.
Enhance Suspicious Activity Reporting
Companies are required to comply with AML practices and report suspicious activity. Facia’s AML solutions can automate that process for your organisation.
Ensure AML Compliance with Facia
AML laws constantly evolve and now apply to both financial and non-financial organizations worldwide. Compliance requirements could vary according to regions but Facia helps you stay compliant with a complete solution.
Complete Fraud Protection
Ensure your company is aware of its clients, and maintain security of your platform and customers.
Quickly Search Worldwide Blacklists
Check users against international bans and PEP watchlists. Facia constantly updates its watchlists.
Check For Negative News
We screen for harmful news, to keep your organisation updated on latest AML regulations and happenings.
Keep Track of Users after Clearance
The political and legislative landscapes are constantly shifting. Continuously filter customer lists using real-time data while monitoring PEP watchlists, international sanctions lists, and AML related news.
Frequently Asked Questions
Customer Due Diligence (CDD), Suspicious Activity Monitoring and Reporting, Risk Assessment, and AML Training are the four pillars of anti-money laundering (AML).
The AML system describes banks' procedures and safeguards to stop, catch, and report money laundering activity.
AML's primary requirement is that financial institutions have effective money laundering prevention procedures, including risk assessment, client due diligence, and reporting suspicious behavior.
The term "anti-money laundering compliance" (AML compliance) describes the procedure of checking that financial institutions follow AML legislation and implement enough safeguards to thwart the laundering of illicit funds.
Popular AML services include software systems for transaction monitoring, identity verification, and consulting services for AML compliance; however, the ideal AML service depends on the financial institution's demands.