Engaging with customers that are associated with or convicted of financial crime can be damaging to your firm’s reputation. Most businesses recognize this risk and solve for it by either using search engines or legacy screening systems. This invariably means slow customer onboarding and endless time to chase false positives on the world wide web.
KYC2020 changes that with Adverse Media Check ® , our AI-based service that continuously monitors thousands of relevant global news sources to create a persona database of individuals, companies, and politically exposed persons (PEPs) with relevant negative news per FATF financial crime categories. We use Natural Language Processing, sophisticated AI-based algorithms, and ongoing learning to identify names and entities in each article, identify PEP associations, identify sentiment, context, and intent… and much more.
We make sure that you have the most advanced and highly precise adverse media screening and monitoring solution, so that you can speed up your customer onboarding with confidence.