Anti-Money Laundering

BexiAML: Bank and financial institutions will benefit from our AML Solution’s ease of use and simplicity in ensuring compliance with anti-money laundering (AML), Bank Secrecy Act (BSA), and FATCA compliance. AML uses several detection methods and a powerful analytics engine to help bank and financial institutes achieve compliance while lowering risk. It will reduce money laundering operations by automating the Blacklist Screening integration with the Core Banking Solution.

Benefits and Features:

• Authorization at Multi-Level for Blacklist Screenings
• Fully Automated at Transaction Level Screenings
• Ability to monitor transactions in real time allows to identify risks
• Ability to monitor transactions on a daily, weekly, or monthly basis
• Able to provide numerous types of searches
• Reduce the number of false positives and raise the efficiency with money laundering
• Integration with internet blacklist data sources such as OFAC, the United Nations, the European Union, Bangladesh Bank, and others
• Supports file upload facility (XML, CSV, Excel etc.)