Hassan Ahmed
ComplyAdvantage, a global data technology company transforming financial crime detection, has created an early-stage anti-money laundering (AML) program aimed at growth-focused startups called ComplyLaunch™.
The program provides qualified startups with free access to the company’s award-winning AML and Know Your Customer (KYC) tools and resources needed to uncover and reduce the threat of money-laundering activities so they can onboard new customers with lower risk and greater trust.
ComplyAdvantage offers a true hyperscale financial risk insight and AML data solution that leverages machine learning and natural language processing to help regulated organizations manage their risk obligations and prevent financial crime.
The company’s proprietary database is derived from millions of data points that provide dynamic, real-time insights across sanctions, watchlists, politically exposed persons, and negative news.
This reduces dependence on manual review processes and legacy databases by up to 80% and improves how companies screen and monitor clients and transactions. They’re used by some of the fastest growing FinTech’s such as Affirm, Curve, Gemini, Bought by Many and so many more.
