From: RegTech Analyst
UK RegTech SmartSearch has brought its anti-money laundering services to the US.
SmartSearch boasts having a platform where businesses can tap into its know your customer and anti-money laundering services to perform full electronic ID verification and screening in just two seconds.
“We have developed a bespoke product for the American market so that US firms using SmartSearch have the same absolute confidence as those in the UK, that their AML checks are up-to-date and fully compliant with relevant legislation at all times,” said John Dobson, CEO of SmartSearch.
“Our combination of cutting-edge technology and friendly, efficient customer service means SmartSearch is already one of the UK’s leading RegTech firms. Our client retention rate of 98% is testament to the high level of service we consistently deliver.
“We want to bring those assets to bear in the US market, while continuing to deliver day in, day out for our UK clients.”
The news comes after SmartSearch introduced a facial recognition feature to strengthen its AML features.
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