Imagine the GDP of a country like France or Germany. That is how much money is getting laundered in the financial system—every year.
Money laundering is a crime with real victims.
If you are a bank or any financial institution and you operate within the EU, you are obliged to comply with the EU Anti-Money Laundering Directive.
You need to know:
- Who your customers are,
- their goals
- and the origin of their funds.
It is a tough grind for any organization. But now Fimento is smoothening the process. Our AML functions are built-in and fully integrated with other modules, like Onboarding or Ledger.
Fimento automatically monitors information like transactions, credit history, IP addresses, and more. Any deviation and the system creates a risk report for you to review.
- All in one system
Fimento takes AML seriously.
The future of banking is here.