Tookitaki rebrands AML suite to FinCense

Tookitaki rebrands AML suite to FinCense

Tookitaki serves leading financial institutions in Asia, the Middle East, Africa, and the Americas, offering a robust defence against financial crime.

The rebranding of the Anti Money Laundering Suite (AMLS) to FinCense signifies Tookitaki’s goal to enhance the platform’s capabilities. This move aims to address the convergence of fraud and AML challenges more effectively, providing a unified solution to financial institutions grappling with these intertwined risks.

Tookitaki’s core function revolves around its pioneering role in the fight against financial crime. Its products are designed to detect and prevent financial crime, offering comprehensive solutions that are intelligent, scalable, and efficient. FinCense, with its high throughput and real-time fraud prevention capabilities, embodies the company’s innovative approach.

Tookitaki Founder and CEO Mr. Abhishek Chatterjee said, “Why FinCense? Because it can sense finance aka suspicious patterns. Our transition from AMLS to FinCense signifies more than a name change; it marks a pivotal advancement in compliance solutions available in the market. By merging Fraud and AML prevention into a single, powerful solution, we enable financial institutions to capitalise on the synergy to improve detection rates, reduce operational costs and prevent fraud in real-time.”

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