Banking and Payment Solutions
By using NGA technology tools, organizations can improve their ability to mitigate financial crime risk
Financial crime and money laundering is the third biggest economic practice in the world and equates to around five percent of the global GDP. In many cases, banks are the only defense against this attack on the world economy. Even with the Financial Intelligence Centre Act 38 0f 2001 there to help mitigate financial risk, FICA has made the compliance process more admin-heavy.
By using NGA technology tools, organizations can improve their ability to mitigate financial crime risk. The way AI can improve current tools is by being smart enough to adapt to changing behaviors of potential criminals. Because the software is web-based it can be easily tracked with zero incidences of non-compliance.
AI Screening Method
Challenging traditional screening methods, the technology enhances PEP (politically exposed persons) and sanction lists by adding an extra layer of context informing you in real-time about any corrupt allegations. By scanning through all media mentions, rating the sentiment of each user. Using this technology is equally as easy. It takes just one click.
Ready to make the move from reactivate to proactive?
Screen your customers and 3rd parties against watchlists such as OFAC, UN, HMT, EU, PEP and other lists from around the world.
Detect and address new risks with our 24/7 risk monitoring suite or tools.
Adverse Media screening
Fast Forward your Adverse Media screening with our patented AI-Powered technology and scoring solutions.