RegTech firm Alessa rebrands to highlight AML simplicity


RegTech firm Alessa – previously known as Alessa by Tier 1 Financial Solutions – has undergone a rebranding to simplify its brand offering.

 Alessa highlighted that it has made advancements in a number of key areas over the past several years, including real-time transaction monitoring and screening, due diligence, sanctions and watchlist screening, workflows and case management capabilities and automated regulatory reporting.

The company said that as it continues with its commitment to simplifying AML compliance and ‘keeping focus on the human impact of its solutions’, it has unveiled its new brand with its official company name of Alessa Inc.

Alessa said, “At Alessa, we don’t just deliver an advanced AML compliance platform, we envision a world free of financial crime.  We do so with an innovative spirit and a commitment to the purpose of our work – to help our clients protect society by preventing financial crimes such as money laundering, fraud, human trafficking, and more. To our employees, partners and clients, we applaud you. What you do matters.

“In a world where technology is continually changing how we use, move and save money, companies have an obligation not just to their customers, but also their communities, to keep up with the speed of monetary transactions and prevent financial crime.  Compliance and fraud prevention can feel unnecessarily complicated and difficult, but it doesn’t have to be.

“With a clear vision and barrier-breaking mindset, Alessa Inc. looks to the future with a renewed purpose in delivering powerful AML compliance and fraud prevention solutions to our clients – from banks & lenders to casinos & gaming institutions, to retail & corporate clients.”

Last year, international payments provider Vitesse picked Alessa to help enable secure real-time global payment transactions.

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