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Vital4, TruNarrative partner to fight financial crime

Friday 11 October 2019 10:44 CET | News

AML data and tech company Vital4 has revealed its partnership with UK-based TruNarrative, a global player in financial crime detection and compliance solutions.

US-based Vital4 is a data solution provider in the AML/KYC market, which enables businesses to identify individuals and entities who pose a financial crime risk. TruNarrative and Vital4’s aim is to lead the charge in the shift towards process automation and facilitate due diligence.

Via this partnership, TruNarrative’s customers will have access to cloud technology driven by AI and ML, delivering screening and monitoring of sanctions, regulatory and enforcement watch lists, politically exposed persons (PEP) and adverse media. The TruNarrative approach harnesses artificial intelligence in data-rich systems capable of learning, where legacy systems cannot adapt quickly enough to deliver. The TruNarrative platform and decision engine combined platform, with Vital4s data and scoring methodology, means businesses are able to streamline their process through customising rules and scoring.


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Keywords: financial crime, Vital4, TruNarrative, partnership, fraud prevention, crime detection, compliance, AML, KYC, ML, due diligence, screening, monitoring
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Countries: World