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Socure calculates major savings from reduced false positives in AML screening

Retrieved on: 2024-12-19 21:59:29

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Socure calculates major savings from reduced false positives in AML screening. View article details on hiswai:

Summary

The article describes how fintech firm Socure utilizes advanced identity verification and digital identity solutions, including biometrics, to enhance anti-money laundering (AML) compliance efficiently, addressing issues like identity theft and managing PEP alerts, reducing costs associated with false positives. This aligns with tags like 'Identity management systems' and 'Anti–money laundering'.

Article found on: www.biometricupdate.com

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