Question: Can you recommend a platform that helps businesses prevent financial crime and ensure compliance with anti-money laundering regulations?

If you're looking for a broad platform to fight financial crime and comply with anti-money laundering rules, LexisNexis Risk Solutions is a good choice. It marries sophisticated analytics, machine learning and AI technology with global identity intelligence to give you a detailed assessment of customer and third-party risk. The suite of tools includes tools for verifying customer identities, monitoring customer risk and complying with international trade controls, so it's geared for financial services companies and businesses that want to improve financial crime risk assessment and regulatory compliance.

Another powerful option is Nasdaq Verafin, which pools data from hundreds of institutions for better security and efficiency. It offers machine learning-based fraud detection, targeted analytics for AML and CFT management, and integrated case management for high-risk customer oversight. The platform is designed to help financial services companies and credit unions fight fraud and comply with regulations by cutting down on false positives and speeding up investigations.

If you want to automate laborious manual processes, ComplyAdvantage offers an AI-based fraud and AML risk assessment platform. It cuts down on false positives and optimizes compliance workloads with real-time transaction monitoring and alerts for suspicious activity. More than 1000 businesses use the platform, which helps cut onboarding time and improve screening efficiency.

Last, SEON offers a fraud prevention and AML compliance platform that uses digital footprinting and machine learning for better fraud detection and easier compliance. It monitors user behavior in real time and offers customizable rules, making it a flexible option for businesses of all sizes to automate fraud checks and ensure regulatory compliance.