Accelerate customer acquisition and comply with AML obligations
Money Laundering is a global problem which costs the United Kingdom billions of pounds each year, threatens national security and is linked to terrorist financing.** Organisations must ensure they have robust identity verification and name screening controls in place, to actively combat this problem.
Comprehensive anti-money laundering (AML) checks will first verify the identity of individuals executing financial transactions. Subsequently, the AML checks will screen individuals against global watchlists, sanctions lists and politically exposed persons (PEP) databases, to help organisations identify potential risk, streamline operations and comply with legislation. LexisNexis® Risk Solutions provide AML compliance software and customer due diligence (CDD) platforms that combine technology, data and analytics to evaluate risk and facilitate a risk-based approach.
Perform AML KYC checks online with instant results
Confidently verify client or beneficial owner identity
Screen individuals against PEP, Sanctions, Enforcements and Adverse Media
Offer automated monitoring and screening of your customer database
Maintain a full and paperless audit trail
Instantly verify identity and ascertain risk with AML Know Your Customer checks from LexisNexis® Risk Solutions
Electronic identity verification and name screening are a key part of any AML KYC checks. Simply supply key personal details and the individual will be screened against a wealth of public, credit derived and risk data, to quickly verify identity, whilst also flagging potential risk.
1. Provide customer details
2. Details are screened against a wealth of data sources
3. Receive instant results based on your bespoke configuration
PEP and Sanction Checks
PEP list and Sanction screening helps to mitigate the threat of financial, regulatory and reputational risk from terrorist financing, money laundering and illicit payments.
As part of our anti-money laundering and customer due diligence checks we provide PEP and Sanction screening against comprehensive global watchlists. This will identify politically exposed persons, terrorists, criminals and individuals or organisations that are subject to global sanctions.
Document Checks
Forged documents are becoming more sophisticated. To reduce the risk of a fake document successfully supporting a fraudulent identity claim, we enable you to both validate and authenticate over 3,000 ID documents issued by nearly 200 countries, including the following:
- Passports
- Driving Licences
- Travel Visas
- ID Cards
Looking for an automated global solution?
Combining cutting edge filtering technology with comprehensive global screening data coverage, our AML platforms are specifically designed to help organisations conduct customer due diligence, and comply with global AML regulations. A search API and automated batch functionality can be easily integrated into existing systems, supporting a frictionless customer journey.
Report:
Money Laundering Exposed
Facing the Threat
MONEY LAUNDERING QUIZ:
Test your money laundering knowledge
Challenge your money laundering knowledge with a quiz on facts, figures and money laundering terminology. 3 levels of difficulty.
OneFamily adopts new screening tools to minimise impact of MLD4 and maximise efficiency
“We are doing more than we were doing previously, with fewer people.”
How a modern and dynamic identity checking system helped Bell Ingram to truly know who its customers are
“We wanted to bring our anti-money laundering systems up to date and adopt something that could help us in the long-term”
Scalable
From single, self-key look ups to screening millions of customer records, our solutions provide AML support across any scale.
Practical
AML checks need to efficiently align with your workflow. We provide self-key, batch and API services that integrate seamlessly with your systems.
