IdentityMind offers a full Anti-Money Laundering (AML) program enabling Banks, Money Services Businesses, and Money Transmitters to meet U.S. (FinCEN) and worldwide regulations. IDMRisk offers a full Anti-Money Laundering (AML) program enabling virtual currency companies, including Bitcoin Exchanges, to meet U.S. (FinCEN) and worldwide regulations. Our AML program provides you with a fully integrated suite combining professional services and technology to help you:
Know if the personal information presented by your customer matches the data captured from the transaction, or other information available on public and private databases. Automatically detect the most sophisticated money laundering schemes, and find signs of suspicious activity. We’ve put years of experience in the Anti-Money Laundering field and superior technology, at your service.
IMDRisk's proprietary eDNA technology matches all the parameters captured from a transaction to find any suspicious signs of identity theft. Our platform builds complete electronic identities, combining personal information entered by users at the moment of registration (name, address, email, phone, ID numbers, etc.), with other parameters captured in the online transaction (IP Geolocation, device information) .You can have further verification, if your business requires stronger authentication, such as: risk associated with a specific phone number or address; probability to contact the user based on some of their personal information; matching of customer's personal information against public & private databases (billing records of major Telecom companies, public records, public subscriber databases).
We help you create the rules needed to monitor your transactions, and our platform enforces them automatically – analyzing your transactions in real time, or over specific periods of time, to detect money movements that could be associated with laundering activity.
The U.S. Treasury Department Financial Crimes Enforcement Network (FinCEN) has provided guidance twice this year alone on requiring virtual currency exchanges to follow some of the same regulations that apply to traditional financial institutions. Any company looking to partner with financial institutions will need to ensure AML regulation compliance. IDMRisk ensures you with regulation piece of mind.
Our program is the most cost effective way for you to establish a full AML program. IdentityMind supplements the manual processes associated with any AML program, with automation and advanced technology. Technology provides you with an efficient AML solution with visibility deeper into consumer verification than ever before. The depth ensures you protect your business against money laundering and meet regulation requirements.