Innovative Systems expands FinScan’s KYC solution
16 October 2024 US
Image: stock.adobe.com/AhmadTriwahyuutomo
Innovative Systems has expanded its Know Your Customer (KYC) technology offerings as part of its FinScan anti-money laundering (AML) compliance solution.
This expansion includes customer identity document validation, adverse media screening, and robust risk scoring that aims to strengthen financial institutions’ ability to prevent and combat financial crime.
These updates come amid increased levels of money laundering and the financing of terrorists.
Bob Colonna, CEO of Innovative Systems, says: “Our goal is to provide financial institutions with the most advanced and comprehensive AML compliance technology, and our KYC solutions are a testament to that commitment. These new capabilities will greatly enhance our customers’ ability to detect and prevent financial crimes, ultimately protecting their customers and their businesses.”
This expansion includes customer identity document validation, adverse media screening, and robust risk scoring that aims to strengthen financial institutions’ ability to prevent and combat financial crime.
These updates come amid increased levels of money laundering and the financing of terrorists.
Bob Colonna, CEO of Innovative Systems, says: “Our goal is to provide financial institutions with the most advanced and comprehensive AML compliance technology, and our KYC solutions are a testament to that commitment. These new capabilities will greatly enhance our customers’ ability to detect and prevent financial crimes, ultimately protecting their customers and their businesses.”
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