Protect the integrity of your financial institution and achieve AML compliance with the most effective and efficient suite of anti-money laundering software solution from Wecodee. Prevent Money laundering, terrorist financing, corruption, fraud, bribery, and other financial crimes.
Identify money launderers and comply with regulations throughout the customer lifecycle with our AML solutions. Quickly and accurately assess risk and compare customers to global sanctions and watchlists. Onboard good customers quickly and seamlessly.
Identify unusual customer behavior and suspicious money movements through our Falcon AML software with the Threshold Mechanism and scenarios built and proven for the financial services industry.
Stay compliant with global AML reporting guidelines and regulations. Manage AML compliance faster and smarter with prebuilt regulatory reports and sound data integrity in our AML solutions.
Our customized dashboard provides an overview of the transactions reported in a certain period.
Banks and the Financial institution can configure the threshold with our system, this will put the suspicious transaction on hold and will be transacted only after the prior Authorisation. This threshold is configurable by the banks team which leverages the Crime and compliance regulations.
The Falcon is Designed to report the transaction automatically to the countries Finance intelligence bureau. This will be a real time reporting system.
WFalcon refers to a system of controls to detect, report and prevent money laundering activities.
By investing in WFalcon, banks and financial institutions create competitive advantages: • Improved efficiency. • Superior customer experience. • Scalability. • Reduced reputational risk. • Ability to attract top talent.
It can prevent Money laundering, terrorist financing, corruption, fraud, bribery, and other financial crimes.
WFalcon helps in developing customer trust and loyalty, and can be the means to peak long term profitability, whilst ensuring business continuity, regulatory health, and brand security.
The practise of acquiring client information during the opening of a bank account is known as Know Your Client (KYC). It's a vital stage because it's the first control step in the AML programme. Falcon comes with pre-Integrated APIs to sync with the countries National Database to verifiy the customers identification protocols.
Consumer financial transactions must be monitored, and suspicious transactions must be reported (With company-specific criteria and circumstances, our AML Transaction Monitoring software detects suspicious transactions automatically and reports the same.
WFalcon enhanced AML solutions enable banks to meet their regulatory AML obligations by accelerating AML compliance processes end-to-end..
