A Guide to Anti-Money Laundering for Crypto Firms
Protect your business from fraud and reputational risk
The threat of financial crime is increasing across many industries. Firms such as real estate agents and art dealers could be exploited for money laundering. Oil and gas firms could be targets for corruption. Terrorist financing might pass through import and export services, accountancies, or postal services.
Legal professionals who participate in financial or real estate transactions are often targeted by criminals who will try to layer, integrate, or place illegally obtained funds into their systems.
Risk has increased in the gambling sector as activities have moved online. Gaming platforms can be accessed internationally, and payments and withdrawals are processed at a much faster rate.
Our solutions help high-risk companies to better identify entities who are at risk of engaging in money laundering, terrorist financing, corruption, and fraud.
High-risk corporates must have AML processes that can catch hidden threats. Prove to regulators that your compliance processes are robust, thanks to a clear audit trail.
Screen customers in real time against thousands of government and law enforcement watchlists, more than one hundred international and national sanctions lists, and politically exposed persons (PEPs) lists.
Integrate AML checks into your onboarding and monitoring workflows, so you can screen clients and transactions in real time. Our two-way RESTful API makes it possible.
Automate at scale
Automate screening and ongoing monitoring so you can move at speed. Use our API to receive alerts in real time when suspicious activity is detected.
AML Screening & Monitoring
Screen your supplier network, employees, partners, and customers. Uncover hidden risk in real time, avoid financial threats, and safeguard your reputation.
- Receive proactive, automated alerts when a change in entity status is detected.
- Reduce false positives by tailoring the matching parameters to your risk-based approach.
- Integrate our automated onboarding checks and case management into your workflow.
- Quickly spot suspicious patterns. In gambling, for example, identify when players go above their thresholds or make early withdrawals.
Identify potential risk and safeguard your reputation
- Go beyond sanctions and watchlists. Monitor entities against adverse media to better identify risk of fraud or corruption.
- Be proactive. Get automatic alerts based on your previous searches if an entity’s risk changes.
- Reduce false positives and incorrect hits. Only screen against the categories that are relevant to your business.