Best AML Software
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What is AML Software?
Anti-Money Laundering (AML) software is designed to help financial institutions and businesses detect and prevent money laundering activities by monitoring and analyzing financial transactions. The software uses algorithms to flag suspicious patterns, behaviors, or activities that may indicate illicit financial activity, such as large transactions or unusual account behavior. AML systems often include features like transaction monitoring, identity verification, and risk assessment to ensure compliance with regulatory requirements. The software also helps organizations generate reports for regulatory authorities and supports ongoing investigations into potential criminal activities. By implementing AML software, businesses can reduce the risk of financial crime and avoid penalties for non-compliance. Compare and read user reviews of the best AML software currently available using the table below. This list is updated regularly.
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1
Sumsub
Sumsub
Sumsub is a full-cycle verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, AML screening and checks, Transaction Monitoring and Fraud Prevention solutions, you can ensure top pass rates and adherence to AML compliance standards, reduce costs and protect your business. Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 97.89% in Hong Kong—while verifying users in less than 50 seconds on average. Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin). Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading, e-commerce and gaming industries including Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.Starting Price: $1.35 per verification -
2
D&B Risk Analytics
Dun & Bradstreet
Risk, procurement, and compliance teams across the globe are under pressure to deal with geopolitical and business risks. Third-party risk exposure is impacted by rapidly scaling complexity in domestic and cross-border businesses, along with complicated and diverse regulations. It is extremely important for companies to proactively manage their third-party relationships. An AI-powered solution to mitigate and monitor counterparty risks on a continuous basis, this cutting-edge platform is powered by D&B’s Data Cloud with 520M+ Global Business Records and 2B+ yearly updates for third-party risk insights. With high-risk procurement alerts and multibillion match points, D&B Risk Analytics leverages best-in-class risk data to help drive informed decisions. Perform quick and comprehensive screening, using intelligent workflows. Receive ongoing alerts of key business indicators and disruptions. -
3
ABLE Platform
ABLE Platform
ABLE Platform is a multimodule web software that covers the entire loan origination and loan management processes. The following modules are included: - Landing page - to attract new borrowers. - Borrower portal - to serve actual borrowers. - Self-service portal - to manage the whole enterprise activity. - Back-office - the core of the platform to manage incoming loan applications, service disbursed loans, configure the loan product catalog, built-in dashboards and more. The platform automates the lending process throughout all the stages: - Initiation of omnichannel application - Consolidation and restructuring of debts - Negotiation with customers - Application decision-making - Personalized offers - Automation of the loan disbursement ABLE Platform serves any type of loan: - Payday Loan - Personal Loan - Point of Sale Loan (POS) - Buy Now, Pay Later (BNPL) - Mortgage Loan - Home Equity Loan - Auto Loan (Car finance) - Student Loan, etc -
4
aiReflex
Fraud.com
Fraud.com's aiReflex determines which transactions are legitimate in real-time using a multi-layer defence coupled with explainable AI to fight fraud & improve customer trust. The detection layer analyses your transactional data in real-time to deliver unmatched risk-scoring accuracy. The multi-layer defence identifies suspicious transactions using our adaptive machine learning algorithms, adaptive rules & next-generational behavioural engine to create hyper granular profiles for every individual to identify abnormal behaviour. aiReflex's Response layer manages fraud centrally via an omnichannel case manager, automating tasks & decision-making to reduce fraud, friction & fraud team inefficiencies. Investigators become superheroes with a 360-degree view of the customer and explainable AI to manage a case with great accuracy & speed, with intelligent search, reporting, queue management & link analysis. Contact us at fraud.com to learn how we can improve your fraud defences. -
5
SEON
SEON
SEON's mission is to create a world free from financial crime by stopping fraud earlier and quicker in the customer journey. With the trust of more than 5,000 companies, SEON has reviewed billions of transactions, preventing over €160 billion in fraudulent activities. Our rapid integration, and 30 days free trial, allow businesses to try SEON with low risk and high rewards. SEON provides a comprehensive end-to-end fraud prevention solution, including Anti-Money Laundering (AML). Our unique approach combines social signals with deep digital footprinting, leveraging fully-explainable machine learning to identify emerging fraud threats. As a recipient of numerous accolades, including Sifted's Rising 100, Deloitte's Technology Fast 50, Crunchbase's Emerging Unicorn, and G2's Fastest Growing Software in 2022, SEON has raised $94 million in Series B funding as of April 2022. Operating globally from Austin, London, Budapest, and Singapore, we are committed to making the world safer.Starting Price: €599 -
6
ComplyCube
ComplyCube
ComplyCube is a market-leading identity verification platform for automating and simplifying Identity Verification (IDV), Anti-Money Laundering (AML), and Know Your Customer (KYC) compliance, with customers across government, legal, telecoms, financial services, healthcare, e-commerce, cryptocurrency, travel, and more. It offers the most complete, flexible, and cost-effective AML/KYC tools to help you build trust in your business - Whether you’re a startup or a multinational enterprise, ComplyCube will have a solution tailored to your needs. ComplyCube boasts the fastest omnichannel integration turnaround in the market with Low/No-Code solutions, API, Mobile & Web SDKs, Client Libraries, and CRM Integrations.Starting Price: $0.10 per credit -
7
Sila
Sila
Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers. Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3. Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon. -
8
Verify 365
Verify 365
Verify 365 is the advanced client onboarding solution for law firms, estate agents, accountants and IFAs. With Verify 365, you can rest assured that your clients are thoroughly vetted, saving you time and reducing the risk of fraud. Verify 365 offers biometric verification, ensuring that your clients are who they say they are. Verify 365 conducts thorough ID checks, including government-issued ID and address verification. Our AML checks ensure that your clients are not on any financial crime watchlists. We also perform source of funds checks to ensure that the money your clients are using is legitimate. Verify 365 also includes e-payment and e-signature capabilities, making the onboarding process fast and efficient. Verify 365 supports over 10,000 government-issued IDs from over 200 countries. Our global reach allows you to verify your clients from all corners of the world.Starting Price: $2,50 per verification -
9
Prembly
Prembly
Prembly is the go-to simplified KYC/KYB solution company, enabling digital businesses acquire and onboard customers with ease through tools that can be accessed for instant Data verification, Document Verification, and Biometric Authentication.Starting Price: $0.5/API Calls -
10
TurnKey Lender
TurnKey Lender
TurnKey Lender is a one-stop lending infrastructure used by creditors in 50+ countries to automate all elements of their operations. The platform enables lenders to profitably grow their business while cutting operational costs and risks. It's a powerful AI-driven SaaS that automates over 90% of all lending processes and gives both B2C and B2B lenders a competitive edge. TurnKey Lender Platform has several pre-configured solutions packages including Commercial, Consumer, Pay Later, Auto, Mortgage, Leasing, Factoring. Built in constant collaboration with lenders worldwide, TurnKey Lender is the ultimate solution that answers real-life digital lending challenges in a sophisticated manner. -
11
Udentify
Fraud.com
Know the real identity of your customer, user, or employee with the Udentify Identity Verification and Biometric Authentication solution. Challenges we solve: - Identify verification - Onboarding - New account opening - Age verification - Fraud prevention - Biometric authentication - Passwordless authentication - Strong customer authentication - KBA replacement - KYC and AML compliance Behind the scenes, Udentify embeds cutting-edge technologies into our identity verification and biometric authentication solution via a lightweight and flexible SDK. We are constantly investing in our technologies to stay at the forefront of fraud detection, compliance, and user experiences.Starting Price: $0.17 -
12
FPM AML-CHECK
FPM AML CHECK®
Introducing FPM AML CFT Screening Solution, the comprehensive tool designed to enhance your organization's anti-money laundering and counter-terrorism financing efforts. Our solution offers a range of powerful features tailored to meet the stringent requirements of various sectors, including real estate, travel agencies, insurance companies, fintech firms, NBFIs and Modarabas, banks, money exchange, and asset management companies. Key Features: 1. Real-Time Search: Conduct real-time searches to instantly identify potential risks and suspicious activities within your database. 2. Automated Batch Screening: Streamline your screening process with automated batch screening capabilities, saving time and improving efficiency. 3. Largest Domestic and Foreign PEPs Database: Access the largest database of domestic and foreign politically exposed persons (PEPs) to ensure comprehensive screening and compliance with regulatory standards. 4. Enhanced Sanctions Data, etc.Starting Price: $100/month -
13
AML Wizard
ComplyTech Global
AML Wizard is an advanced Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) solution that helps businesses stay compliant and protected from financial crime risks. Our platform offers real-time name screening, international sanctions and PEP checks, transaction monitoring, and AI-driven risk profiling—all powered by Acuris Risk Intelligence. Designed for banks, fintechs, microfinance institutions, and insurance companies, AML Wizard makes compliance simple, fast, and reliable. With its cloud-ready architecture and automated reporting, organizations can reduce false positives, save costs, and confidently meet FATF and global regulatory standards.Starting Price: $50/month -
14
FullCircl
FullCircl
FullCircl is a B2B SaaS company that aligns regulation with customer acquisition to boost business efficiency. It’s global solutions enhance revenue growth, manage risk and compliance and streamline customer onboarding – reducing acquisition costs and fostering positive customer relationships. With millions of actionable insights delivered daily, FullCircl offers a near real-time record of companies, officers, and shareholders, while simplifying due diligence checks like KYB, KYC and AML to elevate experiences across the entire customer journey. FullCircl is an nCino company (NASDAQ:NCNO), bringing together people, AI and data to power a new era in regulated business.Starting Price: £1500 -
15
Jocata GRID
Jocata Financial Advisory & Technology
At Jocata Financial Advisory and Technology, we are a product company building digital lending, digital onboarding, AML, and fraud management solution for the BFSI industry. We are headquartered in Hyderabad and currently serve many leading top banks and NBFCs in India and abroad. Our technology platform, Jocata GRID, is a fast, adaptive digital ecosystem that handles millions of transactions per day, delivering solutions that drive business growth, streamline operations, provide risk-adjusted insights, and ensure regulatory compliance. Our configurable workflow engine brings all key operational stakeholders onto one unique virtual platform for efficient management and monitoring of business processes. From pulling in customer-related information from multiple sources like financial institutions, watchlists, statutory authorities, credit bureaus and social networks, to processing and analyzing it using the latest technologies, and finally, presenting it in the most convenient manner.Starting Price: $100,000 per feature per year -
16
NexJ CRM
NexJ Systems Inc.
Each of our 6 industry-specific products are tailored to your specific vertical to help you meet your business objectives. CRM for Wealth Management - helps advisors grow assets under management by forging deep client relationships. CRM for Private Banking - helps Relationship Managers grow assets under management by solidifying client relationships. CRM for Commercial Banking - helps bankers drive upsell and cross-sell opportunities by delivering personalized service. CRM for Corporate Banking - helps business bankers drive upsell and cross-sell opportunities by connecting insights and sales teams across regions. CRM for Sales, Trading & Research - helps users maximize profit and optimize capital usage CRM for Insurance helps agents drive renewals and cross-sell opportunities. Our products can meet all of your CRM needs in a single package – this includes Sales, Service and Marketing capabilities which are tuned to your specific industry. -
17
Canopus EpaySuite
Canopus Innovative Technologies
Canopus connects you to a full spectrum of digital banking and payment functionalities. Our one-stop-shop solution includes everything you need for your Fintech business – software, open API and connections to the most important partners, e.g., banks, forex, card issuers and acquirers. We offer the most popular functionalities any Payment Service Provider, no matter the size, needs - customer onboarding and AML, digital banking, SWIFT/SEPA payments, forex, payments to card, card issuing, payment acquiring and crypto payments.Starting Price: $45000.00/one-time -
18
RiskScreen
KYC Global Technologies
KYC Global's RiskScreen software delivers best-in-breed AML/KYC screening of your prospects & customers, with up to 95% reduction in false positives. Screening options include one-off or batch screening; cloud or on-site hosting; API or Salesforce integration; and the world-class Dow Jones or Refinitiv World-Check datasets - ensuring you can embed a risk-based approach into your processes that really meets your needs. Our adverse media searches add extra insight to your sanctions, PEP and watchlist results. RiskScreen's new OnBoard module (released 2020) combines our batch screening with electronic ID and verification (eIDV) functionality to deliver an end-to-end customer onboarding solution for both individuals and corporate or complex entities. The service includes a white-label portal, a mobile ID verification app, great workflows and reporting - and critically carries user risk levels through to the CLRM. Deemed best-in-breed for AML/KYC software 2020 (Chartis). -
19
SAS Anti-Money Laundering
SAS Institute
Fight money laundering and terrorist financing with AI, machine learning, intelligent automation and advanced network visualization. Stay ahead of emerging risks and changing regulations. SAS® has helped financial institutions achieve more than 90% model accuracy, reduce false positives by up to 80% and improved the SAR conversion rate fourfold. Quickly uncover emerging, complex money laundering and terrorist financing threats with network and entity generation processes that automatically build network diagrams and reveal hidden relationships. Advanced analytics enables entity resolution by looking at multiple data sources and references to a customer, then accounting for inconsistencies, errors, abbreviations and incomplete records to help determine whether they relate to the same entity. Empower AML investigators with an integrated, configurable, user-friendly alert and case management solution that offers self-service capabilities. -
20
Merlon
Merlon
The world’s most advanced AI-powered adverse media research platform for enhanced AML and KYC Investigations. Merlon’s advanced natural language processing engine extracts and categorizes risk topics to ensure relevance to both FATF guidelines and financial institution controls. Key biographical information is extracted to effectively match against client details. Articles are clustered into unique events, thereby minimizing the number of articles that must be read. Duplicates are intelligently identified and filtered out, significantly cutting investigation time. Results are sorted by AML risk relevancy, ensuring analysts uncover risk sooner. Our natural language processing algorithms identify risk beyond the reach of traditional solutions. Irrelevant articles are suppressed from results, ensuring analysts do not waste time on non-material articles. -
21
TruNarrative
TruNarrative
Easy Onboarding. Smooth Transactions. Dynamic Risk-Rating. Digital Transformation for; Identity Verification, eKYC & eKYB, Fraud Detection, AML Compliance, FRAML, Risk Assessment, and Account Monitoring in a single solution through one API. Make real-time automated decisions on transactional and customer account behavior through our sophisticated yet simple-to-use no-code platform. Control operational expense, reduce false positives alerts, and deploy virtual AI agents in one click to review at scale in line with your own volumes. Orchestration of complex decisions combined with shareStarting Price: £99.50 -
22
1Kosmos
1Kosmos
1Kosmos enables passwordless access for workers, customers and citizens to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST, FIDO2, and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. -
23
NewBanking Identity
NewBanking
The NewBanking Identity platform makes it easy to collect, verify and store customer data from both private individuals and companies. Secure and ISO 27001 certified handling of personal data. Full compliance with GDPR and AML (Anti-Money Laundering). Manage AML, PEP and KYC on one platform. It’s easy and safe for businesses to handle personal data. Businesses are in compliance with AML and GDPR. Data protection is enforced for both private individuals and companies. The user-friendly NewBanking Identity platform helps your business comply with anti-money laundering laws and regulations. Personal data, data protection and anti-money laundering regulations demand a great deal of businesses today. Our Software-as-a-Service (SaaS) solution solves these issues and creates clarity for a variety of business fields. A smart solution for KYC and GDPR compliance. A platform that makes compliance easy and simple.Starting Price: €120 per month -
24
Pirani
Pirani
Software that allows to prevent, establish controls and measure the risks associated to money laundering and terrorism financing that the companies can be exposed to. Pirani AML Suite allows it to segment clients based on similar transactional behaviors and monitor operations that may be suspicious, also, to detect actions that may be related to fraud or money laundering in time by monitoring the financial operation realized in any transactional channel. Establish controls and measure the risks associated to money laundering and terrorism financing that your company can be exposed to. Learn how we help you by requesting a tour of our solution. Compliance of regulations and external circulars related to the implementation of a LAFT risk system. Diagnosis of the data that the client has in order to calculate the integrity of the data. Information of the client in a single screen for the analysis of the alerts.Starting Price: $19,000 per year -
25
Enformion
Enformion
Founded by a team of industry pioneers and experts in data technology with over two decades of experience, Enformion’s data repository comprises more than 6,000 data sources and 120 billion records available via a cloud-based platform, API, and batch processing. Using state-of-the-art artificial intelligence (AI) and machine learning (ML), we provide an unparalleled and comprehensive view of people, businesses, assets, and their interrelationships. Our family of solutions empower businesses throughout the United States to make informed decisions that maximize knowledge, improve efficiencies, and better serve the needs of their clients. Enformion’s data provides actionable intelligence for Financial Services, Retail and eCommerce, Accounts Receivable Management, Legal, and Government Agencies, including: Identity Verification, Fraud and Risk Detection, and Collections & Investigations. -
26
Dow Jones Risk & Compliance
Dow Jones Risk & Compliance
Dow Jones Risk & Compliance is a global provider of best-in-class risk data, web-based software applications and scalable due diligence services that help organizations manage risk and meet regulatory requirements related to financial crime, third-party risk management, sanctions and international trade. Built on the legacy of one of the world’s most trusted newsrooms, Dow Jones Risk & Compliance combines the expertise of a multilingual research team with industry-leading data scientists and technologists to provide actionable content structured specifically for compliance needs. Our solutions were developed in partnership with top legal and political advisors — including former regulators — to help our clients maintain consistency across global business units and teams. -
27
Fincom.Co
Fincom.Co
Fincom’s advanced “phonetic fingerprint” technology, will enable you to quickly trace any entity by name, pronunciation or “name-sound”, based on a single mathematical representation. The resulted “accurate name matching” will improve and lower significantly your operational costs and prevent unnecessary fines, whilst increasing reliability and maintain your reputation. Using automated real-time technology, supported by AI-ML layers, using over 48 mathematical algorithms resulting in accurate matching of names across 38 different languages, transliterations and spelling variations. A range of products, covering accurate name matching, onboarding & ongoing monitoring automations, transaction screening, adverse media, level 1 & 2 filtering and optimization engines. Verifying beneficiary on a payment against bank account holder for preventing CEO/Invoice fraud. Creating a single customer view constructing customer risk profile, understanding exposure and forecasting potential risks. -
28
Global Ledger
Global Ledger
The Global Ledger is a blockchain analytics company and crypto AML compliance toolset that allows government agencies, banks, fintech companies, and crypto startups to access AML risk assessment, surveillance, and investigations for blockchain-based assets. Global Ledger collaborates with organizations such as the UN Office on Drugs and Crime, The Global Coalition to Fight Financial Crime, and Ukrainian, Estonian, and Swedish government agencies to track blockchain transactions and combat illicit activities, including war financing and terrorist funding. -
29
Sigma360
Sigma360
Sigma360 is the future of financial crime compliance. Our AI-powered risk intelligence platform is purpose-built to help organizations across finance, compliance, and legal mitigate risk with speed and precision. Sigma360 offers end-to-end capabilities—including sanctions and watchlist screening, adverse media insights, perpetual KYC, and advanced AML investigations—all in one low-code, high-impact platform. Aggregating real-time data from global watchlists, corporate registries, and news sources, we deliver continuously updated, customizable risk scoring that adapts to your needs. Whether you’re monitoring 1,000 or 1 billion records, Sigma360 scales effortlessly with enterprise-grade security, SOC 2 compliance, and daily testing baked in. Designed for startups to global institutions, it requires minimal developer support and integrates seamlessly into your workflows. With Sigma360, you can detect risk earlier, automate compliance, and act decisively—without slowing down. -
30
EnQualify
Enqura
EnQualify is a digital ID verification product, empowered by state-of-the-art ‘AI on Mobile’ technology. It redefines identity verification by seamlessly integrating advanced features. With a fully automated all-in-one KYC/KYB platform, it eliminates the hassles of traditional verification processes, offering businesses and individuals a seamless and secure way to verify identities anytime, anywhere. EnQualify completes identity verification, facial recognition, and liveness detection all within 5 seconds. AI-driven, self-service KYC solutions instantly detect and prevent deepfakes, ensuring businesses stay secure and compliant. With decentralized technology, EnQualify enhances security, speeds up validation processes, and gives individuals control over their personal data. Additionally, EnQualify's cutting-edge Virtual Audio Assistance revolutionizes the user experience of digital ID verification.