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The story of AML

June 29, 2020

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:

  1. Who your customers are,
  2. their goals
  3. 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.

  1. Secure
  2. Hassle-free
  3. All in one system

Fimento takes AML seriously.
The future of banking is here.

Contact us to learn more!