Acuris Risk Intelligence, FinScan partner to boost customer due diligence

Acuris Risk Intelligence and FinScan have teamed in a global strategic partnership to build an integrated platform for watch list screening and customer due diligence.

By coming together, they will be able to offer clients with capabilities to screen customers and vendors against high-risk or sanction lists through any deployment method they choose.

FinScan develops advanced sanctions, politically exposed persons (PEP) and adverse media screening solutions for global organisations. Its AML solutions uses risk and compliance screening to minimise false positives and lowering the chance of overseeing true hits.

Its services include transaction, watch list and PEP screening, transaction monitoring, KYC and customer onboarding, ID Validation, and integration with CRM, among others.

Founded in 2014, combines a data set which includes fraud and cybersecurity content, with expert human analysts and technology in order to manage risk in business relationships. Its solutions help companies to boost data intelligence around AML, third-party and cybersecurity.

By putting these solutions together, they will be able to increase the level of transparency for clients on whether they need to act on suspicious activity.

Acuris Risk Intelligence managing director Joel Lange said, “This collaboration will allow organisations to improve due diligence workflow processes through FinScan’s automated screening platform. With due diligence in the spotlight now more than ever, effective and comprehensive technologies will be key to staying on top of changing regulations.”

Earlier in the week, IdentityMind Global partnered with B2Broker to provide it with KYC and AML compliance tools. B2Broker deployed IdentityMind Global’s solution to help it meet the revlevant KYC and AML compliance requirements for both itself and its B2B clients.

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