AML Compliance

AML Screening - Anti-Money Laundring

Discover effortless AML compliance with our intuitive screening solution. Identify risks swiftly, stay updated with regulations, and secure your business against financial crime.

Seamlessly onboard Identities and verify businesses with AML screening

Unlock the potential of automating AML screening, effortlessly elevating customer onboarding and business verification. Elevate efficiency, security, and regulatory compliance through our unified platform—tailored to your needs. Choose the products that suit your requirements, precisely when you need them. Your solution, your way.

Effortless customer onboarding

Simplify the customer onboarding journey with our user-friendly AML screening solution, reducing friction and ensuring a seamless experience.

Robust business verification

Conduct precise business verification with our AML screening capabilities, ensuring compliance with regulations and mitigating potential risks.

Easily comply with AML

Ensuring verification throughout the entire customer journey

Set up verification checks at key stages to achieve the best conversion rates and maintain top-notch security. We understand that KYC laws can vary globally, which is why we've simplified it for you. With ZignSec's AML, integration is as easy as a single setup. It's made to blend seamlessly into your existing workflow without requiring extensive resources.

PEP and sanctions

Stay compliant with our thorough screening against updated sanctions and PEP watchlists. We offer an extensive local database for each country for complete coverage.

Company screening

Verify business entities and conduct background screening of ultimate beneficial owners (UBO) with precision and thoroughness.

Prevent financial crime

Gain understanding of your users, meet AML/CTF standards, and easily keep fraudsters at bay. Our approach is user-friendly and ensures you stay protected and compliant.

Ongoing AML monitoring

Stay vigilant with continuous monitoring of watchlists and adverse media, flagging changes that may pose risks. Keep customer risk profiles updated through
ongoing AML monitoring.

How to ensure AML Compliance

Flexible integration

Our integration allows for a seamless connection to any endpoint. You can utilize the AML Screening either as an independent feature or incorporate it into our comprehensive customer onboarding processes.

Easy integration

Integrate using our API or SDK with any API, endpoint, or platform you currently utilize. Our team will assist you throughout the entire journey.

Dashboard

Get access to our dashboard to easy navigate through your customer data.

Secured data

Personal Data is housed on Database servers located within the EU on Azure, adhering to ISO 27001 and GDPR standards.

AML Software

Secure your business with advanced AML screening

Stay compliant without compromising user experience. Our cutting-edge AML screening solution offers seamless onboarding, real-time updates, and enhanced precision. Protect your business from financial crime and fraudsters while ensuring a smooth user journey. Tailor the solution to your needs and experience robust protection like never before.

Improved precision

Real-time monitoring

Global coverage

Stay on top of AML

How does AML screening work?

AML Screening works by verifying identities, checking global sanction and PEP lists, monitoring adverse media, and ensuring ongoing vigilance. It helps businesses detect and prevent money laundering and illicit activities, ensuring compliance and safeguarding against risks.

Identity Verification

Global Sanction and PEP List Checks

Negative News / Adverse Media Screening

Document Forensics

Discover fraud our eyes can't see on ID documents, loan applications, and more. Onboard real customers instead of fake identities while keeping the process frictionless.

Electronic ID & eSigning

Take advantage of official eID programs around the globe to reliably authenticate clients.

PEP, sanctions & adverse media checks

Identify politically exposed persons, sanctioned individuals, and negative news stories to achieve AML compliance.

FAQs

The AML Screening FAQ provides concise answers to common questions about Anti-Money Laundering Screening, offering valuable insights into its purpose, significance, and implementation for better compliance with regulations.

What is AML Screening?

AML Screening, short for Anti-Money Laundering Screening, is a process used by businesses and financial institutions to detect and prevent money laundering and other illicit financial activities. It involves thorough checks and analysis of customer data against various watchlists, sanctions lists, and adverse media sources to identify potential high-risk individuals or entities.

Why is AML Screening important for businesses?

AML Screening is essential for businesses as it helps them protect their reputation, comply with regulatory requirements, and mitigate potential risks associated with money laundering and financial crimes. It ensures that businesses can identify and prevent illicit activities, maintain the integrity of their operations, and demonstrate a commitment to responsible financial practices.

Who needs AML Screening?

AML Screening is vital for a wide range of businesses, including financial institutions, banks, fintech companies, money service businesses, casinos, and any organization dealing with financial transactions and customer data. Compliance with AML regulations is a legal requirement for these businesses to protect against money laundering and terrorist financing.

Is AML Screening a one-time process?

No, AML Screening is an ongoing process that requires continuous monitoring of customer profiles and transactions. Criminal activities and risks evolve, making ongoing vigilance essential to stay ahead of potential threats and comply with changing regulations.

What does AML mean in banking?

AML, short for Anti-Money Laundering, is the collective approach to combat money laundering in the financial sector. It encompasses various regulations, laws, and policies aimed at preventing such illicit financial activities.

Still have questions?

We recognize the complexities of KYC and AML. Focus on your core business and let us handle the rest.

We enable strict regulatory compliance regardless of industry

The flexibility of our KYC/KYB compliance offerings includes, among other things, industry-specific solutions, global coverage, adaptation to local conditions and a customer-centric approach.