Addressing compliance requirements and enhancing the customer experience
In today’s world, it is important to provide global end-to-end protected financial services. With the increase of financial crimes and practices, we at Profunds integrated our financial crime and anti-money laundry (AML) compliance program to deliver a more secure service to our customers and partners.
“Money Laundering is defined as “the conversion, transfer, acquisition, possession, use of a property or concealing and disguising of the true nature and source of a property knowing that it is derived from a criminal offense”, and includes as well, the willful blindness or purposeful indifference which are equivalent to knowledge.”
Our compliance solutions help us contribute to the global assault of fraud and crime as we comply to the international AML/CFT regulations and recommendations. Our anti-money laundry experts work with precision to achieve an effective financial crime compliance helping both our customers and the economy at large.
We deliver a precise anti-money laundry program by completing critical financial crime compliance processes including:
- Customer Due Diligence (CDD)
- Know Your Customer (KYC)
- Customer and Vendor Risk Assessment
- Full Vetting
- Client list Screening
- Suspicious Transaction Report (STR)
- Ongoing Monitoring and Financial Crime Risk Management
Our AML team is composed of highly qualified and trained professionals dedicating their time and expertise to ensure that Profunds is participating in the financial global fraud assault.
Vision
Profunds’ vision is to be a trusted partner for our clients and a microfinance leader. We aim to become fintech specialists and offer e-micro credits, to provide sustainable finance and to expand in the region.
