Focal is an advanced AML solution provider that focuses on delivering comprehensive and innovative compliance tools. Its suite of services ensures businesses are equipped to meet regulatory standards and prevent financial crimes.
The Solutions Focal Provides
Focal provides a range of solutions tailored for compliance and fraud prevention. These tools are designed to mitigate risk while enhancing operational efficiency. Some of their key solutions include:
- Customer Due Diligence (CDD)
- Identity Verification and Income Verification
- Customer Screening and Risk Scoring
- Transaction Monitoring and Screening
- Device Risk Assessment
- Fraud Prevention
- Transaction Categorization
- Customer Analytics
These solutions utilize AI-driven technology to automate compliance processes, reduce false positives, and increase decision-making efficiency. Additionally, Focal offers seamless integration with existing systems, making it a plug-and-play solution for organizations.
The Type of Customers Focal Works With
Focal works with a broad spectrum of clients across various industries, focusing primarily on businesses that require robust compliance and fraud prevention mechanisms. Key sectors include:
- Fintech
- Banks and Neobanks
- Capital Markets
- Insurance
- Lending and Financing
These customers typically seek quick implementation and efficient solutions that comply with FATF, SAMA, and CMA regulations. Focal’s offerings are designed to help businesses reduce operational friction and streamline their compliance processes.
What Sets Focal Apart
Focal differentiates itself by offering:
- Fast ROI through quick implementation and migration
- Multilingual support for international clients
- A highly customizable platform that adapts to the unique needs of each industry
- Free ongoing updates, ensuring the platform evolves with emerging regulations and technologies
- An intuitive user interface with seamless integration
This combination of features positions Focal as a leader in AML and fraud prevention solutions for financial institutions and fintech.
