Finastra: Expands payments compliance offering with Fincom.co
- Finastra is building an open platform that accelerates collaboration and innovation in financial services
- Announced the introduction of new AML compliance capabilities integrated with its Fusion Global PAYplus core payments solution
- Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions
- Compliance screening is becoming harder for all financial services businesses to comply with
- The app uses Fincom. co’s ‘phonetic fingerprint’ system to enable searches and match entries across numerous databases
- This collaboration brings the flexibility of choice for clients, faster time-to-value, and operational savings
