Parcha

Parcha is an AI-powered compliance platform designed to accelerate customer onboarding while strengthening compliance measures. It offers a suite of tools for document verification, due diligence, and AML screening.

Key Features:

• AI-Driven Compliance Suite: Automates document verification, due diligence, and AML screening.
• Business Checks: Validates business information, ownership, and addresses using AI.
• Individual Checks: Verifies individual identities and screens against watchlists and adverse media.
• Risk Assessment: Identifies high-risk countries and industries to mitigate potential risks.
• Case Management Automation: Streamlines the review process with automated case management.
• No-Code Configuration: Allows customization of compliance checks without coding.
• Real-Time Analytics: Provides insights into compliance outcomes for informed decision-making.
• Automated Remediation: Generates personalized messages for customers to resolve issues.
• API & Integrations: Enables seamless integration with existing systems.

Use Cases:

• Faster Customer Onboarding: Reduces onboarding time by automating compliance reviews.
• Enhanced Operational Efficiency: Increases efficiency by automating manual tasks.
• Improved Risk Management: Identifies and mitigates potential risks with AI-powered screening.
• Compliance with Regulations: Helps businesses comply with KYC/AML regulations.