AML Compliance to Protect & Streamline your Business
Acuant’s AML Compliance has everything you need to meet anti-money laundering regulations, minimize fraud and fight financial crime – all in one platform. Our advanced AI technology allows you to automatically approve or deny prospects, while operational workflows make your compliance team more efficient. Digital identity technology helps you understand the risk of every user and enables you to react in real time. Our flexible solution fits with your current systems through our API access, modular approach and custom capabilities.
Acuant Compliance offers a complete solution for AML compliance: KYC, KYB, Sanctions Screening and Transaction Monitoring, covering regulations like the Bank Secrecy Act (BSA), PSD2 and GDPR. We allow you to adjust processes to better identify trusted users you want to acquire and separate them from the bad actors you want to avoid. Acuant provides anti-money laundering capabilities that banks, money services businesses, Fintechs, casinos, and other regulated industries need – all in one platform. Prevent fraud associated with online payment transactions across any payment type from credit cards, ACH, digital wallets, bank accounts, wires, etc.
Improve compliance operations via automation to speed processing, and case and queue management when manual review is needed. Acuant’s patented Digital Identity technology eDNA uses machine learning and graph intelligence to provide highly accurate risk detection for customers around the world. Sanctions Screening leverages 300+ lists with a wide array of algorithms to decrease false positives and the flood of false positives and false negative alerts that plague most systems. Our AML compliance solutions take a risk-based approach that applies enhanced due diligence (EDD) to suspicious users while showing trusted users the fast lane.
Risk-Based Approach Improves Productivity
Too many alerts harm productivity. We allow you to rate risk alerts so you focus on the most critical ones. Apply more hurdles to potentially suspicious transaction users while fast tracking trusted users.
Dynamic Modeling & Analysis Improve Accuracy
Our system learns as users change, evolving risk models and improving the results. We consolidate many signals and orchestrate their analysis into a consistent model for more accurate risk assessment.
Operations Capabilities Improve Process Efficiency
Automated transaction modeling with rules, cases and alerts reduces the number of exceptions and escalations, increasing efficiency and reducing compliance costs.
Configurability Speeds Set-Up
Our standards-based platform is highly configurable, allowing you to focus on the compliance you need and enabling you to get started as soon as possible.
NFTs & the Threat of Rising Fraud
The popularity of cryptocurrency continues to skyrocket. In an estimated 567% increase from the prior year, 2021 saw a $15.8 trillion total crypto transaction volume. NFTs also exploded that same year. Trading of NFTs increased by a significant 21,000% compared to the year before, reaching $17.6 billion in value.
Criminals are actively exploiting both crypto and NFTs for financial gain, whether it’s through crypto scams, phishing attacks or money laundering through digital wallets.
Fill out the form to access the eBook NFTs & the Threat of Rising Fraud to examine NFT exploitation by criminals and why a complete end-to-end identity platform with automated KYC is essential for NFT marketplaces.