Showing 30 results
Ultimate Beneficial Owner
business.
Financial institutions must perform enhanced due diligence to identify and verify who their customers are and where their funding originates, with the goal of...
Identity Verification
Potential customers. Identity verification is a critical part of customer due diligence and involves multiple steps that are data-intensive and heavily...
Payment Screening Alert Disposition
AML and Sanctions Screening Review. Anti-Money Laundering. Fraud Detection, AML & Risk Management (Banking). Capital Markets. Corporate Banking...
Adverse Media Monitoring (Negative News Search)
AML and Sanctions Screening Review. Anti-Money Laundering. Fraud Detection, AML & Risk Management (Banking). Capital Markets. Corporate Banking...
Name Screening Alert Review for Sanctions and Politically Exposed Persons
). Lexis Diligence (LexisNexis). World-Check (Refinitiv). WorldCompliance (LexisNexis). A critical component of KYC controls is name screening. This...
Source of Wealth
enhanced due diligence.
What needs to be improved
The existing process is challenging, involving:
Complex sources and interconnections, including companies...
Foreign Account Tax Compliance Act (FATCA) Screening
customer due diligence efforts.
Failure to comply can lead to penalties.
They can include a 30% tax on all transactions with U.S. banks, and other...
Authorized Signer Management
Efficient.
WorkFusion’s powerful capabilities help banks automate critical elements of this customer due diligence process by:
digitizing documents for ease...
Know Your Customer (KYC) Refresh
Consistently.
WorkFusion® Intelligent Automation platform uses pre-built models to:
execute customer due diligence by identifying and verifying the identity...
Sanctions List Update QA Check
AML and Sanctions Screening Review. Anti-Money Laundering. Fraud Detection, AML & Risk Management (Banking). Capital Markets. Corporate Banking...
Name Screening Alert Review for Sanctions and PEP in Insurance
Insurance. Alerts generated by screening software and databases. Accuity (RELX Group). Lexis Diligence (LexisNexis). World-Check (Refinitiv). WorldCompliance...
LIBOR Document Grouping
LIBOR Transition. Regulatory Management, KYC & Compliance (Banking). Capital Markets. Banking and Financial Services. Auto loan contracts. Bond...
LIBOR Document Repapering
LIBOR Transition. Regulatory Management, KYC & Compliance (Banking). Capital Markets. Banking and Financial Services. Auto loan contracts. Bond...
LIBOR Document Analysis and Data Extraction
LIBOR Transition. Regulatory Management, KYC & Compliance (Banking). Capital Markets. Banking and Financial Services. Auto loan contracts. Bond...
Mortgage Document Verification
Shorten processing times and enforce standardization and compliance, which improves margins, productivity and customer satisfaction.
What needs to be...