BANKING TECH AWARDS USA 2023 FINALIST: Fincom
Phonemix (aka Fincom) - AML Sanctions Screening for immediate payments and transactions has been selected as a finalist in the AML & Compliance Tech of the Future category for their project Payouts OS in the Banking Tech Awards USA 2023.
Fincom's AML Sanctions Screening
A comprehensive solution for Real Time Sanctions Screening. Provides effective and efficient screening in Real Time (under 200 milliseconds) across 44 languages in original alphabets.
Screening any name or entity against any Sanctions list while seamlessly integrating into the existing workflow. Fully automated and insured against Missed Hits.
Offering better compliance with lower operational costs.
FINCOM - A QUANTUM LEAP IN AML COMPLIANCE
Hassle-free Advanced solution for Real Time Sanctions Screening
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Powered by Fincom's innovative core tech., the AML Real Time Screening Solution successfully resolves the key challenges of AML Sanctions screening
> Realtime screening, under 200 milliseconds: transaction screening, onboarding/KYC sanctions and PEP screening
> Ongoing Sanctions monitoring
> Multilingual platform required by Global Corporates & Financial Institutions. The only technological platform accurately screening names from 44 different languages (incl. original scripts, transliterated form, complex names.
> Automated Alert Disposition for online banking services
> Assurance against Missed hits (no Missed Hits)
> Minimum False Positives
> Protection against AML- Discrimination
Key Features
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The Product Uniqueness & Innovation
THE TECHNOLOGY BEHIND
Solving problems & Delivering Improvements
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