Overview

Veriff's AML Screening solution helps businesses comply with Anti-Money Laundering (AML) regulations by automating customer screening against global watchlists and continuously monitoring for adverse media. The solution seamlessly integrates with Veriff's identity verification platform, providing a comprehensive approach to compliance and fraud prevention. It allows companies to identify potential risks in real-time, reduces manual workload, and ensures adherence to international AML standards, protecting both businesses and customers from financial crime.

Features and Capabilities

• PEP and Sanctions Screening: Screen customers against thousands of continuously updated sanctions and Politically Exposed Persons (PEP) watchlists, including international regulatory lists, to detect potential financial crime risks.
• Adverse Information and Media Screening: Scan a comprehensive database of over 8 million adverse media profiles to identify negative news or media attention that may indicate risk associated with an individual.
• Ongoing Monitoring: Continuously monitor watchlists and adverse media for updates, enabling real-time compliance and proactive risk management.
• Seamless Integration: Integrate AML screening with Veriff's identity verification solution to create a frictionless user experience while maintaining full regulatory compliance.
• Automated Decision Webhooks: Receive AML screening results via automated webhooks, allowing immediate actions based on the screening outcomes.
• API Access: Query and retrieve AML screening results programmatically, making integration with existing business workflows simple and efficient.
• Customizable Integration: Configure the screening process to suit your business needs, choosing between identity verification (IDV) and non-IDV integrations.
• Global Coverage: Ensure adherence to international AML regulations by screening against worldwide watchlists and monitoring adverse media globally.