FinCom.Co

Fincom offers the best AML Screening Solution to date, proven in US banks to reduce Wire/SWIFT screening operational cost and False Positive Alert rate by 90%. The solution is enriched by an intuitive case management system supporting all the banking verticals such as Fed-Now, RTP, ACH, perpetual KYC, and more importantly increasing the compliance regime of the financial institution. Fincoms AML solution is based on core technology for Entity Resolution. Enabling to process multilingual databases for accurate searching, matching and mapping of all the databases irrelevant of format or technology. Fincoms patented phonetic fingerprint technology enables matching names even when misspelled, in different formats (unstructured), multiple languages/alphabets (44 including Arabic, Russian, EU languages, Chinese, Korean, etc.) and with transliteration mistakes. The proprietary core technology uses 48 algorithms from computational linguistics, advanced mathematics, and phonetics, achievin...