Fincom

fincom.co

Fincom is a pioneering company in banking technologies, specializing in real-time AML sanctions screening and entity resolution. Their innovative AML Suite caters to various banking verticals, including payments and KYC processes, significantly enhancing compliance efficiency while reducing operational costs and false positives by up to 90%. With advanced Phonetic Fingerprint technology, Fincom addresses the challenges of name matching across multiple languages, making it a trusted solution for financial institutions aiming to meet regulatory requirements effectively. The company has demonstrated impressive performance metrics, including a precision rate of 97.8% and a recall rate of 99.2%, solidifying its market position as a leader in AML compliance solutions.