Sept 16, 2022
KYC2020 selected as one of the world’s most innovative companies developing AI technologies in Financial Services
Chicago, IL, September 16, 2022 - KYC2020, the leading platform for global watchlist and negative news screening for anti-money laundering compliance has been recognized as one of the top 100 AI Fintech companies in the world for 2022 by Fintech Global.
The AIFinTech100 showcases the next generation of innovative solution providers developing AI and machine learning technologies to shape the future of the financial services sector. The top 100 are selected by a panel of analysts and industry experts from over 2,000 FinTech companies.
The ranking aims to help senior management and technology executives evaluate which applications of AI in financial services have market potential and are most likely to succeed and have a lasting impact on the industry.
"AML compliance software industry is ripe for disruption. Legacy solutions are high-friction and not designed for Fintech innovators in today's digital marketplace," said Rajeev Bahri, Head of Product and CEO of KYC2020 LLC. "We combine AI and human factors engineering to improve efficiency and effectiveness in global watchlist, PEP, and adverse media screening to speed up client onboarding. We are thrilled to be recognised in the AI Fintech 100 for 2022 and look forward to being a part of the revolution in the RegTech industry."
KYC2020 uses AI and NLP to process thousands of global news sources and aggregate watchlists from over 1,500+ public sources across 193 countries to deliver the best-in-class Global Sanction, PEP and Adverse Media screening solution. DecisionIQ automatically clears false positives in real-time and delivers actionable screening decisions so you can speed up client onboarding.
DecisionIQ is an API-First software as a service (SaaS) built for the enterprise and easy to integrate. Try us for FREE or use PROMO CODE "AI100" to receive a 10% discount on all DecisioniQ subscription plans through 2022.
KYC2020 is an industry leader in AML compliance technology. The company’s mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanction, PEP and Adverse Media screening and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of compliance. For more information, visit kyc2020.com.
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