How FinIntel’s Solution Streamlines your compliance process
Transform the risk with an effective, integrated, and automated process.
Step 1:
Input Data
Step 2:
Automated Screening and ID Verification
Step 3:
Automated Risk Assessment
Step 4:
Review outcome on Medium / High Risk clients
Step 5:
Enhanced Due Diligence on required clients
Step 6:
Automated Employee training
FinIntel’s comprehensive and automated compliance solution empowers your organization to stay ahead of evolving regulations
Integrated Real-Time Screening and ID Verification
Instantly verify identities and proactively detect risks with our seamless, always-on solution. Secure your business from the moment of engagement during the onboarding of your client.
Effortless Manual & Batch Screening
Simplify large-scale compliance with our intuitive tools, delivering accurate results and actionable insights in minutes.
Intelligent Automated Risk Assessment
Transform your risk-based approach processes with automated assessments that aligns with your RMCP, prioritize threats, and empower informed decisions.
Integrated Enhanced Due Diligence (EDD)
Uncover hidden risks and meet stringent regulatory requirements with our seamlessly integrated EDD workflows, streamlining investigations and protecting your reputation.
Automated Regulatory Reporting
Eliminate compliance burdens and reduce errors with our automated reporting solutions, ensuring timely and accurate submissions to regulatory bodies.
AI-Driven Adverse Media Monitoring
Uncover hidden risks and protect your reputation. With our powerful AI, monitor millions of news and sanction lists
API Driven Integrated Solution
Connect with your favorite vendor, and be rest assured with the power of out system, no need for coding and always effective.
Solution as a Service
Achieve unparalleled control and flexibility with our customizable SaaS platform, whether hosted on your infrastructure or in the cloud to achieve your FIC compliance obligations.
Compliance Solutions for Every Industry
A simple, effective process that integrates seamlessly into your existing systems.
Credit
Providers
Financial
Institutions
Money or Value Transfer Service Providers
Virtual Asset
Service Providers
Employer
Management
Property and Legal
Services
Gambling
and Gaming
High-Value Goods
Dealers Auctioneers
Investment and
Asset Management
Why FinIntel?
South Africa–focused expertise
Operating from Cape Town and Johannesburg, we deliver insights attuned to FSCA-regulated environments and local business/crime dynamics.
Enterprise-grade compliance & security
Our solutions meet global standards for data privacy and regulatory compliance, ensuring safe, scalable operations.
Real-time intelligence delivery
We uncover anonymized patterns and illicit networks through sophisticated data‑mining—enabling immediate operational responses.
Frequently Asked Questions (FAQ)
Learn More About FinIntel’s AI-Powered Solutions
What is Enhanced Due Diligence?
Enhanced Due Diligence (EDD) is a higher level of customer due diligence that accountable institutions (AIs) must apply when the risk of money laundering, terrorist financing, or proliferation financing is higher than normal.
Enhanced Due Diligence (EDD) includes verifying whether the client is a true match, especially when the client’s name or identifiers appear in sanctions lists, PEP/PIP databases, adverse media, or crime/watchlists.
What are typical examples of EDD?
- Obtaining additional identification documents and verifying them.
- Establishing and verifying beneficial ownership more deeply.
- Obtaining information on source of funds and source of wealth.
- Doing an Adverse Media check and verifying detail.
- Increased ongoing monitoring of transactions.
- Requiring senior management approval before establishing/continuing the relationship.
When is EDD Required?
According to the FIC Act, Guidance Notes, and PCCs:
- High-Risk Clients / Transactions
- When the risk assessment (as required under Section 21 and Regulation 21) identifies a client or transaction as high risk.
- Examples: unusual transaction patterns, opaque ownership structures, complex offshore dealings.
- When your prospective Client is a PEP or PIP
- If a client is a PEP/PIP, additional scrutiny is mandatory because of their position of influence and potential exposure to corruption.
- Required by FIC Guidance Note 7 and Directive 6.
- Cross-Border Relationships
- When establishing relationships with clients from jurisdictions that have weak AML/CFT controls or are FATF grey/black-listed.
- Unusual or Suspicious Transactions
- When a transaction has no apparent economic or lawful purpose, or does not match the customer profile.
- Third-Party Relationships
- If transactions are conducted on behalf of another person and there is a risk of obscured beneficial ownership.
Ready to Simplify Your Compliance Process?
Start using FinIntel’s comprehensive compliance solutions today and stay ahead of evolving regulations.