AML (Anti-Money Laundering) is a set of laws, regulations, procedures and technologies with the aim of detecting and preventing money laundering efforts.
AML as a generic term includes, KYC (Know Your Customer), which refers to the checks that a given company performs to ensure that its customers are who they say they are and thus do not pose a risk to the business.
KYC is one of the cornerstones of the fight against money laundering.
Several solutions developed by Precognox help with customer identification by the integration of world’s leading name matching solution that improves the watchlist screening process. Learn more about how the solution addresses the challenges of name recognition. In these, we use the world’s most advanced name identification service.
If your business is facing the challenges related to customer identification or if the advanced matching of names is a priority for your business, please contact us.