AML Screening for Payment Providers
Upholding Trust and Security: Embracing AML Compliance in Payments
Empowering Seamless Transactions, Ensuring Financial Integrity.
Trusted by over 300 clients
Empowering 300+ businesses with seamless AML compliance
Real-Time Updates for Unwavering Compliance
At KYC2020, we take data seriously. Our platform provides your business with real-time updates on sanctions, PEPs (Politically Exposed Persons), and Adverse Media data. Say goodbye to missed false positives and stay ahead of the curve with ever-changing regulations.
With our robust data infrastructure, you can trust that your AML/KYC compliance process will be nothing short of seamless and precise.
Watchlist Database
LiveMerchant Onboarding
Streamline Merchant Verification
The latest release of DecisionIQ enables Payments companies to streamline searchability for businesses and beneficial owners. With the ability to group multiple names under a single ID, the process becomes seamless and efficient.
Effortlessly manage and verify merchant information, ensuring compliance without compromising on speed or accuracy. Welcome your merchants with ease and confidence, knowing that our platform has got you covered every step of the way.
Say Goodbye to False Positives
Stop dealing with false alerts from ineffective re-screening. DecisionIQ has built-in persistent monitoring. Create customer whitelists that are encrypted for data privacy and are continuously monitored against daily data changes.
Get compliant and then stay compliant with ZERO false alerts.
Customer Whitelist
ProtectedHigh Security and Risk Mitigation
At KYC2020, we take data security seriously. Our ISO27001 certification for information security guarantees that your sensitive data is handled with the utmost care and protection.
Moreover, we've designed our solution to be fully GDPR compliant, ensuring that your data protection obligations are met with the highest standards.
// Screen a payment transaction in real-time
const response = await fetch(
'https://api.kyc2020.com/v1/screen',
{
method: 'POST',
headers: {
'Authorization': 'Bearer YOUR_API_KEY',
'Content-Type': 'application/json'
},
body: JSON.stringify({
type: 'merchant',
business: {
name: 'Acme Payments LLC',
registration_number: 'EIN-123456789'
},
beneficial_owners: [
{ name: 'John Smith', role: 'CEO' },
{ name: 'Jane Doe', role: 'CFO' }
]
})
}
);
const result = await response.json();
// { status: 'cleared', risk_score: 8 }Seamless API Integration
We understand that speed is essential for Payment Providers. With our seamless integration capabilities, you can effortlessly integrate our API with your existing systems. This automation simplifies onboarding processes and enhances workflows, making compliance tasks efficient and streamlined.
Complete Audit-Trail Transparency
KYC2020 offers full audit trail transparency, recording every step of compliance processes in real-time. With detailed logs and timestamps, our solution empowers businesses to demonstrate due diligence, ensure AML/KYC compliance, and easily identify and address potential issues.
Trust our platform to enhance your compliance posture and build confidence with regulators and customers alike.
Audit Trail
Stay Fully FATF Compliant
As a payment provider, adhering to Financial Action Task Force (FATF) guidelines is crucial. KYC2020's DecisionIQ ensures robust AML screening, sanction checks, and PEP identification, enabling you to meet FATF's stringent requirements. Our AI-powered platform empowers your payment processes with real-time data coverage and risk-based monitoring.
Watchlist Data
Results by Watchlist Type
Efficient Case Management
Use the latest sciences in information processing and human factors engineering to improve case review speed and productivity at scale. Features include pattern-based filters, information centralization, bulk clearing and annotation, segregated user roles and more.
Discover the DecisionIQ Advantage!
Stop manually clearing false positives and speed up client onboarding.
Transform Your Payment Compliance
Ready to elevate your fintech compliance? Get started with KYC2020 today.
Trusted & Certified