RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.
“At SmartSearch U.S. we’ve developed and enhanced our solution, not only to respond to the growing threat but to stay a step ahead,” said Chad Rawlings, national sale director at SmartSearch U.S..
“We are now able to place the most sophisticated facial recognition technology on the market in the hands of banks, law firms, accountants and real estate firms, to make quick and simple checks that protects them against money laundering. It also improves customer service as it speeds up the process and is much more accurate than a manual check.
“Businesses need confidence right now that they are going to be able to move forward without further threats to their day-to-day operation, which is what this enhanced system does.”
Copyright © 2018 RegTech Analyst