Nov 09, 22. 1. Founded 2020. Here are five top considerations. Anti-money laundering (AML) software is a part of RegTech and is extensively deployed in the finance, legal, and commerce sectors to conform to the legal. The growth in the AML software market in India can be significantly attributed to the factors such as regulatory. Screening is done via our API utilizing global watch. Shufti pro’s AML services for Indian businesses help identify high-risk clients, improve client onboarding with faster PEP screening, and real-time sanction list monitoring. Find the highest rated AML software in India pricing, reviews, free demos, trials, and more. Integrating KYC solutions into existing customer systems will help streamline the onboarding process and reduce the risks associated with accepting new customers. 1-15 of 15 results. 4. Verification of more than 3000 types of identity documents and assessing associated risks by credit/debit card authentication, PEPS and sanctions checking, MRZ verification, PCI compliance and card-not-present authentication. 09% of the global market in 2017, will reach $86. Sanctions screening is integral to compliance with global anti-money laundering and counter-terrorist financing (AML/CFT) regulations. 2 | KYC/AML Software Solutions,. The best AML check software offers a comprehensive suite of compliance tools that can be used to detect and prevent money laundering activities. SAS. Ondato's KYC technology is a proven solution for financial institutions that automates customer (individual and corporate) registration, KYC data collection and monitoring (ODD). Today, we are proud to provide global AML solutions to over 35 countries. IBM OpenPages, SAP GRC, RSA Archer, and MetricStream are among the most prominent compliance software vendors. Our powerful SaaS solution combines AI & deep learning. Protect your financial institution and your customers with AML software. Compare top AML Software tools with customer reviews, pricing and free demos. AMLYZE is a Software-as-a-Service (SaaS) Anti-Financial Crime solution offering different modules for real-time and retrospective transaction monitoring, customer risk scoring, case management and sanctions, PEPs, adverse media screening. It combines business rules and machine learning with automation to make everyday decisions faster and smarter. 3. Top 3 companies receive 88. Vespia is an all-in-one KYB/ AML platform powered by AI. Top 10 alternatives to Actimize includes FICO Tonbeller, Trulioo, RiskScreen, Clarus, Digital iD, ACAMS, ComplyAdvantage, TurnKey Lender, Jumio AND Veriff. Best Practices for Anti-Money Laundering Compliance 2 Since 1985, state licensed casinos have been defined as “financial institutions” under the Bank Secrecy Act (BSA). The anti-money laundering software market is projected to grow at a CAGR of 15. Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that it has won the Best Anti-Money Laundering Solution Award at the India Fraud Risk Management Summit & Awards 2023. The. LONDON, Jan. We are the best software providers in town that hold immense years of expertise in the same. The Cloud-based AML Software segment is also growing at a significant rate and held a share of 11 percent in. Compare the best AML software for Chromebook currently available using the table below. 1. Find the highest rated KYC software pricing, reviews, free demos, trials, and more. KYC2020 offers global watchlist data, screening, and decisioning solutions for more than 250 customers around the world. 086 billion in 2028 from US$1. 4. Benefits of Machine Learning. The software monitors digital payments, card payment transfers, deposits and withdrawals, checks, loan payments, and cyrptocurrency transfers. AnChain. iSPIRAL is a leading regulatory technology software provider delivering state-of-art AML, KYC, Risk and Compliance solutions. As AI technology matures, some existing KYC-AML software vendors have incorporated AI into their solutions or have it on their development road maps. . your compliance. More and more companies must protect their customers and business reputation. Crowdfunding, in conjunction with cryptocurrencies and social media, increases the risks of terrorist financing by allowing bad actors to utilize the reach of crowdfunding platforms and crypto asset technologies to gain support from followers and receive funds. The ACTICO platform enables companies to. Top Payment Screening Software Companies 1. Outlook of the global anti-money laundering software market. Lucinity – AML Transaction Monitoring Software. For risk-averse FIs facing heavy regulatory pressure, using advanced analytics is becomingThe Norwegian anti-money laundering (AML) software company Strise is the winner of the Oslo Innovation Award in 2023. Alloy is the Identity Decisioning Platform that helps banks and fintech companies automate their decisions, approve more customers and outmaneuver fraud. 1 review. Now, reduce your compliance workload with automated Sanctions, PEPs, and Adverse Media checks using IDMaml fraud prevention software. It is one of the most important fair business practices. 00 to $2. See Software. Read Full Review. Top 3 products are developed by companies with a total of 30k employees. Global anti-money laundering software market revenue is expected to register a CAGR of 15. 1 Industry Overview 3. Premium AML/KYC Software Vendors. India. View one regulated compliance checklist for compliance expert workings in the banking industry. Filter 14 reviews by the users' company size, role or industry to find out how Oracle Financial Crime and Compliance Management works for a. Microsoft is the biggest software company in the world. Call 3: Identify requirements. AML-TRACE compliance suite is a trusted anti-money laundering software by SMART Infotech set up in 2011. G2 scores products and sellers based on reviews gathered from our user community, as well as data aggregated from online sources and social. 10. Setup webinars and product demos. Explore FINTRAC Suspicious Transaction Reports (STRs), including what they are, who submits them, reporting requirements, and STR report automation. LogicManager provides robust solutions to the complex, changing landscape of domestic and international BSA/AML regulations by providing the risk software needed to sustain and grow healthy, mature risk management operations. It is a great tool to detect money laundering early in the stage and minimize the risk while providing excellent customer service. The software monitors digital payments, card payment transfers, deposits and withdrawals, checks, loan payments, and cyrptocurrency transfers. AI is a blockchain analytics company that specializes in AI-powered platforms. 0 (1 Review) Secure your. 528 billion in 2021. ComplyCube is an identity verification platform that automates Anti-Money Laundering (AML) and Know Your. 4 Global AML Software Sales Price by ManufacturersThe five pillars of AML. Alloy is the Identity Decisioning Platform that helps banks and fintech companies automate their decisions, approve more customers and detect and handle fraudulent activities. We also provide support in creating software agreement documents for parties involved. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. New Curacao Gaming License Cost in 2022 – Best price guarantee Shufti Pro. Alerts/Notifications. Reset. Choose Smart KYC Software Vendors for Smarter Business Operations. 8 (72) 2023 Capterra Shortlist™. Anti–Money Laundering (AML) Compliance. Find the highest rated AML software pricing, reviews, free demos, trials, and more. Before making our decision, we assess the software's functionality and alignment with your AML needs, installation support, appropriate training, ROI, pricing, and risks. Pre-Built Rules and Collateral. Customers include government, legal, telecoms and financial services. Identity verification, regulatory reporting, and risk management are unavoidable, but they are also complex, time. Trust Identity Verification by Token of Trust – a global trust platform. Practically, this means assessing the strengths and weaknesses of the AML. This is definitely positive momentum. In addition, the best AML software will recognize other risk factors, such as deposits and suspicious spending. 2 out of 5. Through ComplianceAlpha, firms can benefit from automated, ongoing monitoring of over 90 sanctions and watchlists, politically exposed persons. 1. With BAM+, you get end-to-end AML case management, scenario analysis, fraud, OFAC and watchlist screening, PEP Scanning, front-line. High-quality AML software can bolster an organization's defense mechanisms against illegal financial activities. Follow. unified view to be the best approach for providing as comprehensive a view of the industry as possible. Don't be hesitant! Give us a call today. AnChain. Ondato. Compare the best AML software in. 1 Increasing Usage of Cognitive ComputingOracle Anti-money laundering solution is a complete set of features for top-notch security. Typically, most vendors will also provide a free trial to users to try out their. This is definitely positive momentum. By researching, you’ll understand that what identity verification tools best suit your business needs is essential. Broadly speaking, AML software refers to a wide range of programs that help companies protect themselves from money laundering activity. ai. GSLFX. The software has been designed in such a way that it makes our job so easy for risk planning, risk monitoring and risk detection. This scan analyzes the functional requirements and challenges to consider when evaluating AML applications. Feedzai. 4. You can do both with Refinitiv. 10 Best AML Software for Financial Institutions 1. Velocity offers reliable and efficient AML compliance software, partnering with top AML software vendors to streamline your compliance processes. In a 24-hour span, the company’s AML database can analyze five million new articles across 200 countries and update 30,000 KYC profiles. With IRIS Elements AML and Proposal Manager, client onboarding is quick, seamless and saves you about 3. Limra. AML software refers to any software that helps companies stay in compliance with anti-money laundering regulations. Best AML Apps for Android. 63 Billion in 2021 to USD 7. RegTech KYB (Know Your Business) Compare the best AML software of 2023 for your business. The goAML is a fully integrated software developed by the United Nations Office on Drugs and Crime (UNODC) to be used by financial intelligence units across the world to curb money laundering and terrorist financing. See ratings and reviews from verified users and get access to a free trial or demo. IDMerit aims to provide simplified, fast, and safe AML KYC Software that helps businesses comply with AML Regulations in a scalable manner. It is a great tool to detect money laundering early in the stage and minimize the risk while providing excellent customer service. Imbibe the best transaction monitoring practices to be 100% compliant with AML regulations and safeguard your business interest against financial crimes. Compare the best AML software for. ACTICO is a powerful software for intelligent decision automation. AML-TRACE compliance suite is a trusted anti-money laundering software by SMART Infotech set up in 2011. GSLFX is a money remittance software platform system which gives you a dedicated platform with versatility to handle and control daily foreign currency transactions. Private Company. Our anti-money laundering software allows you to streamline, manage, and report on everything in your program from one location. AML Software industry report classifies global market by share, trend, and based on component, deployment type, application, end-use, and region | anti-money laundering (AML). SAS has a rating of 4. At GetApp, our comprehensive software listings. 69 million in 2022 and is expected to expand at a CAGR of 19. Compliant AML programs are built on five pillars. Top 10 Chargeback Management Software Solutions in 2023 We deep dive into the best software available to combat chargebacks. Compare the best AML software in Africa of 2023 for your business. It offers an AML program that includes fast, easy, and inexpensive training for US-based financial services companies. AML software, short for Anti-Money Laundering, enables companies, financial institutions, and banks to conduct KYC, detect suspicious financial activities, and evaluate risks in. ACTICO. KYC (Know Your Customer) software is used by both regulated and non-regulated to verify the identity of new clients. . The range of products provided by the company includes Tokenetics, CustodyWare, KYCWare, and AML Cop. Complytek. (1) 5. 1. 2. Siron AML gives Compliance complete control over the scoring process and includes case management and investigations. Over the past. Data sources and coverage: The foundation of any AML and KYC system is its data. 5% more. We covered some, not all, iterations that can change. Risk Management Software. 1. Finally, data visualization tools enable users to quickly identify illegal or suspicious financial activity that may have gone unnoticed otherwise. Top Companies in AML Software Market Competitive Landscape includes company profiling of the key manufacturers listed below. we list all software vendors on our website, and give them the opportunity to feature their solutions and collect user reviews. 4. Stay ahead of financial crime and fraudsters, efficiently comply with regulations, and protect your business with industry-leading technology from top KYC AML vendors. Read more about Alloy. Press Alt+1 for screen-reader mode, Alt+0 to cancel Accessibility Screen-Reader Guide, Feedback, and Issue ReportingAn Overview of the Five Pillars of a BSA/AML Compliance Program. Security risks became a factor, however, due to: Poor security practices. 1. The global Anti-Money Laundering (AML) Software market size was valued at USD 2077. The most popular anti-money laundering software will check every transaction over $10,000 USD. NICE vs SAS. Modern AML software and KYC solutions make ID verification a seamless part of the digital KYC. 10. The software automates workflows, creates graphics and manages ongoing. Filter 14 reviews by the users' company size, role or industry to find out how Oracle Financial Crime and Compliance Management works for a business like yours. Top AML Software Players in United States Market, Ranking by Revenue (2021) Table 20. Connect via online dashboard and/or API integration. A trustworthy AML solution should make you agile in your compliance work and help you and your team beat every compliance-related deadline. Horizon Globex. Compare. Download free comprehensive 40+ page reports to select the. Selection of the right AML software, supported by the right software vendor, is necessary for the long-term success of the investment in AML technology and for ensuring 100% AML compliance in your. Since you understand the importance of transaction monitoring in your AML efforts, make it a part of your AML compliance program. All Categories For vendors About us. 42. Find the best AML Software for your organization. . The software should automate a variety of repetitive and mundane tasks, saving time and internal resources. We analyze and monitor blockchain transactions. It lies in the best interest of the companies, the users, and the lawmakers that cryptocurrency companies utilize AML software and tools from the very beginning. Really great and expansive product. BigID hosts a platform for curating intelligence analytics on sensitive collected data. On this episode, we are revisiting the topic of anti-money laundering. Vespia ComplyCube. Siron AML is a Best-in-Class solution to identify and report suspicious activities related to money laundering and terrorist financing, ensuring compliance with current regulations. Napier – AI for Financial Crime Compliance. AML Compliance Monitoring AI and machine learning technologies are powerful tools aiding banks and financial institutions in adhering to anti-money laundering regulations. In 2021, FinCEN determined that Capital One had failed to implement and maintain an effective Anti-Money Laundering (AML) program to guard against money laundering and enforced a. Vendor consolidation can help financial institutions achieve this by providing a more complete view of their compliance efforts. the AML market and vendor landscape: As AML software components are embedded in areas of the business outside compliance, FIs are looking for ways to reconigure pre-existing AML processes, to drive more value from them and/or make them more eficient. 5. We’ve compiled the top five companies for your verification needs. Automation. Over 1000 companies rely on Socure to ensure customer trust and unlock rapid acquisition growth across all channels. Shufti Pro uses FATF, EU, OFAC, HMT, Interpol, and other relevant watch lists in the provision of its AML services. The compliance tools cover the entire spectrum of anti-money. The global anti-money laundering software market size was USD 1. An institution’s AML software system automatically monitors transaction behaviors and screening. Excellent tool for all money laundering issues. Many of ARC Risk and Compliance’s team helped pioneer AML technology in the industry. 1 review. 3. Discover the most popular Free AML Software tools and compare user ratings, pricing, features, and free demo versions. Assess product onboarding and customer. Audit Trail. Founded by KYC experts and former Veriff team members from Estonia. 5. Transaction AI provides real-time, continuous fraud and AML transaction monitoring to help you reduce your risk, save time and money. net is a leading KYC/AML, fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce sectors. Historical Screening Results Your end-to-end solution for AML Compliance, with benefits and accuracy of the AML Software technology from Castellum. Payment screening from ComplyAdvantage can be purchased as a standalone solution, or leveraged as part of the broader ComplyAdvantage. AML Software Best AML Apps for Android. In addition, our team has a strong compliance background that can assist banks with their regulatory challenges and other compliance matters. Read the latest reviews and find the best Anti Money Laundering (AML) Software software. 3 Global Top 10 and Top 5 Largest Manufacturers of AML Software in 2022 4. 0. Application vulnerabilities. AML technology allows financial institutions to. To this end, a good vendor will work with an AML officer to assess those particular needs and ensure the chosen platform addresses them in the most efficient and effective way. Sponsored: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. This option sorts the directory by those bids, highest to lowest. Top 14 Anti Money Laundering (AML) Software & Tools 2023 List of AML Software &. Australia. SAP tools is a fully integrated product which especially helps to control the risk management or any other unit of any organizations. Persona offers a best-in-class unified identity platform that gives businesses the building blocks they need to design and manage fully customizable KYC, AML, KYB, and identity verification programs across 200+ countries. With the software at your disposal, you’ll be less nervous and. Find out how AML Platform stacks up against its competitors with real user reviews, pricing information, and what features they offer. It rapidly strengthens your AML defences and compliance capabilities, while meeting your compliance obligations and challenges in any sector. Top 10 Companies in the Anti-Money Laundering Market by Revenue. Compare verified user ratings & reviews to find the best match for your business size, need & industry. These systems assist organizations in identifying areas of noncompliance, assessing the risks associated with noncompliance, and taking the necessary steps to resolve the issues. In its latest report on global financial institution fines for the first six months of 2021, Fenergo found that fines for non-compliance with AML, KYC, data privacy, and MiFID regulations totaled $937. Top 10 anti-money laundering software – Token of Trust Identity Verification. …. Pre-Built Rules and Collateral. The suite of tools includes photo and video identity verification, facial biometric authentication & more. 21, 2016 /PRNewswire/ --. Vendors who bid for placement can be. 5 (4317 reviews) Recently recommended 57 times. ComplyCube. 2 Some of AML Software Vendors and Their Offerings 2. Anti-Money Laundering (AML) Software identifies suspect customers and suspicious financial transactions to prevent money laundering and other financial crimes. 4. Intro Music:AI FinTech100 names top FinTech companies leveraging AI and ML options. AI FinTech100 names top FinTech. unified view to be the best approach for providing as comprehensive a view of the industry as possible. An effective AML/CFT policy and procedures must be based on the UAE’s existing AML/CFT Laws, Regulations, Notices, and Standards, as well as international best practices and guidance notes from the FATF, MENAFATF, EGMONT Group, and other similar bodies. Designed for organisations of all sizes in private and public sectors. Compare the best AML software for Linux currently available using the table below. Encompass. 0 (20) Sanction Scanner is an compliance software that provides AML screening, Transaction Monitoring, and Adverse Media Screening Solution Learn more about Sanction Scanner. AML software prevents organizations from doing business with fraudulent organizations that may impact their profitability and damage their reputation. From financial services to manufacturing or retail to healthcare. NICE has a rating of 4 stars with 1 reviews. 4. Our GRC software creates and simplifies processes and activities that position you to effectively manage your BSA/AML. Context: managing the human. Anti–Money Laundering (AML) Compliance. Compare the best AML software in India of 2023 for your business. The Napier platform is fast, scalable and easily configurable. The AML platform uses advanced technology and sophisticated algorithms that helps to detect suspicious activities which helps to identify and prevent money laundering activities quickly. Top 3 companies receive 88. See reviews of iDenfy, Sumsub, Trulioo and compare free or paid products easily. Singapore/Hong Kong, 15 December 2020 – Napier has won Best Solution in AML/CTF Compliance in the 3rd Regulation Asia Awards for Excellence 2020 in an online ceremony on 15 December 2020. 4. The software monitors digital payments, card payment transfers, deposits and withdrawals, checks, loan payments, and cyrptocurrency transfers. The company will be making a statement at stand A 147 at the RDS Arena in Dublin, focusing on providing an innovative and efficient solution that is perfect for businesses of all sizes. 09% to reach US$4. Book your complimentary demo of our AML Compliance Software Solution. Increased regulatory pressures, and the limitations and rising cost of high-volume transaction scanning, are driving financial services firms to overhaul their anti-money-laundering systems. The largest company building anti-money laundering software is SAS with more than 10,000 employees. We wanted to create AML solutions that were affordable for small and medium-sized organisations. When determining the best AML software solution for the financial institution, it is imperative that the BSA/AML officer. We at Smart Infotech provide a fast and easily configurable compliance system to help you meet your AML regulatory obligations in a cost-effective way. Global crime networks are continuously devising sophisticated ways to launder illegally earned money. Find the top Anti Money Laundering (AML) Software with Gartner. Kount vs Signifyd Kount vs Whitepages Kount vs LexisNexis See All Alternatives. Ensure that your compliance partner offers comprehensive data sources that are truly global. 7 (6) Cloud-based financial risk assessment and management tool. 2 | KYC/AML Software Solutions,. Originally published 19 October 2020, updated 07 September 2023. View the best AML software with Transaction Monitoring in 2023. Other Top Recommended Accounting Software. Refinitiv World-Check Risk Intelligence. Learn more about OneHypernet KYC Screening. Please join us in recognizing and celebrating The Top 100 Software Companies of 2021. Effective Anti-Money Laundering (AML) programs help ensure illegal funds don’t enter the legitimate financial system. SAS Anti-Money Laundering takes a risk based approach to helping you uncover illicit activities and comply with anti-money laundering (AML) and combating the financing of terrorism (CTF) regulations. Jumio’s products are fully compliant with KYC/AML regulations. 10+ years recommending software in Canada. 6% during the forecast period, reaching USD 6081. (53) Dow Jones Risk & Compliance. PARIS–(BUSINESS WIRE)–#AML—Vneuron Risk & Compliance is honored to announce its selection as the “Best AML Compliance Solution Provider” for 2023 by Waters Rankings Readers and its esteemed clientele. Singapore. Our tools dramatically reduce both false positives and false negatives, empowering compliance teams to make. In contrast, financial institutions were fined $10. 2. 42. 38 million in 2022 and is expected to expand at a CAGR of 14. 9. 9%, 14. Bridger Insight XG delivers effective and efficient screening by combining a best-in-class matching algorithm with access to the industry’s most robust global screening data, powered by WorldCompliance Data. KYC/AML Software Solutions, 2020 Market Update and Vendor Landscape. We offer self-study and enhanced learning packages to get you qualified in as little as three months. Recognized in Gartner’s Market Guide for Online Fraud Detection, Fraud. What to Look for When Comparing AML Software Vendors. Email us at connect@alessa. Trust i-AML Software for reliable and effective AML solutions. Unit21 is a customisable and flexible no-code platform for all kinds of compliance and risk management operations. (11) See all Oracle Financial Crime and Compliance Management Alternatives. Find the highest rated AML software in Africa pricing, reviews, free demos, trials, and more. . Find the best AML/KYC Software companies for your business. It is designed to provide an efficient and cost effective solution, allowing companies to stay compliant with the latest regulations. This feature allows you to confirm the identity of your customers using data sources like government ID databases, social media , and public records. We have data-driven lists of fraud detection software and fraud protection software vendors that you can sort through. Risk Management. Some services will also charge an additional $1. Iceland. 2 Some of AML Software Vendors and Their Offerings 2. Avg Rating: Sorts listings by overall star rating based on user reviews, highest to lowest. AML case management technology supports AML analysts in resolving cases with suspicious behavior effectively and efficiently. 6 billion for the same violations in 2020. KYC software is a crucial tool for verifying the identity and compliance of your customers. 4. To combat this ever-evolving threat, Anti-Money Laundering (AML) software has become an essential tool. These are the number of queries on search engines which include the brand name of the solution. AML software vendors. The report, titled “KYC/AML Software Solutions 2020: Market Update and Vendor Landscape”, positions PwC as a category leader in KYC products and services. Fraud Detection. i-AML Software provides top-notch anti-money laundering solutions, including the best AML software for banks. It automates and simplifies Identity Verification (IDV), AML (Anti-Money Laundering) and Know Your Customer compliance. Compare top AML Software systems with customer reviews, pricing, and free demos. Compare the best AML software of 2023 for your business. AML software can facilitate faster and more accurate compliance and investigations. 4. AML software, short for Anti-Money Laundering, enables companies, financial institutions, and banks to conduct KYC, detect suspicious financial activities, and evaluate risks in order to prevent fraud. More and more companies must protect their customers and business reputation. Alloy's AML software helps top banks and fintech companies make better identity decisions. This article summarizes five top payment screening software vendors, listing their key strengths and explaining the use cases they respond best to. Transaction AI provides real-time, continuous fraud and AML transaction monitoring to help you reduce your risk, save time and money. S. AML software prevents organizations from doing business with fraudulent organizations that may impact their profitability and damage their reputation. Anti-money laundering software is a collective term for solutions used by companies to comply with regulations and fight financial crime. Alerts/Notifications. 5% more than the average of search queries in. The best AML software vendors also can customize the software to meet your specific needs. 3 Acumatica Cloud ERP. com 19 1 Comment Like Comment Share Copy; LinkedIn; Facebook; Twitter; To view or add a comment, sign in. Verify 365. Allied Market Research published a report, titled, "Anti-Money Laundering Software Market by Component (Software and Service), Product Type (Transaction Monitoring, Currency Transaction Reporting. ai (part of iSPIRAL) is a regulatory technology software provider delivering state-of-art AML, KYC, Risk and Compliance solutions. Its identity verification features include machine learning for fraud detection and live video. Compare the best AML software in China of 2023 for your business. KYB (Know Your Business) Compare the best KYC software of 2023 for your business. Compared to other Finance categories, Anti-Money Laundering Software is more concentrated in terms of top 3 companies’ share of search queries. 73% during the forecast period, reaching USD 5032. Visit website. See reviews of iDenfy, Sumsub, Trulioo and compare free or paid products easily. Mahmud emphasized three practical areas firms can consider in. AML software, short for Anti-Money Laundering, enables companies, financial institutions, and banks to conduct KYC, detect suspicious financial activities, and evaluate risks in order to prevent fraud. Compare the best AML software in. IDMerit aims to provide simplified, fast, and safe AML KYC Software that helps businesses comply with AML Regulations in a scalable manner. Recognized as one of the top AML software vendors, Shufti Pro harnesses cutting-edge technology, incorporating features such as biometric facial recognition, nuanced liveness detection, and sophisticated anti-spoofing techniques.