Parcha's Guide to Compliance
This episode of Compliance Accelerated explores a significant financial scandal involving TD Bank, focusing on its failure to prevent money laundering, resulting in a record-breaking $3 billion fine in U.S. banking history.
Parcha's Guide to Compliance
Compliance and AML history0:00/473.5659411× Compliance Accelerated is a podcast about the future of compliance and risk in banking and fintech. It is completely generated by AI using Google's NotebookLM and edited by our team at Parcha. In this episode of Compliance Accelerated by Parcha AI,
Product Updates
Transparency unlocks AI in fintech At Parcha, we understand the challenges that traditional machine learning models pose for fintech compliance. Today, we're excited to explain one of our foundational capabilities: AI-Powered Audit Logs. Audit Logs underpin every interaction between Parcha and end users: addressing the longstanding issue of
Parcha's Guide to Compliance
Ep1: The future of AI in banking compliance and risk0:00/705.7428571× Compliance Accelerated is a podcast about the future of compliance and risk in banking and fintech. It is completely generated by AI using Google's NotebookLM and edited by our team at Parcha. In this episode,
Product Updates
Target the Ballooning Problem of False Positives with AI-Powered Precision Global events are changing rapidly, and top fintech companies are struggling to keep up with the growing instability in different regions. The conflict between Russia and Ukraine led to the introduction of 11,097 new sanctions in 2022. In 2023,
Product Updates
Today, we're excited to drill down on Adverse Media Screening that uses advanced AI to synthesize millions of online media sources to determine the risk-level of onboarding new clients.
Product Updates
Identifying Politically Exposed Persons (PEPs) is crucial for customer due diligence, yet the process is riddled with inefficiencies. Parcha's Intelligent PEP Screening leverages cutting-edge AI to transform this process.
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Authenticate and verify business addresses in seconds At Parcha, we're constantly innovating to solve the most pressing challenges faced by fintechs and banks in their onboarding processes. Today, we're excited to spotlight a feature that’s recently caught more attention in our demos: Verify Physical Address
Product Updates
At Parcha, we're constantly innovating to solve the most pressing challenges faced by fintechs and banks in the onboarding process. Today, we're thrilled to share our latest spotlight: AI-Powered Business Ownership Verification. This cutting-edge solution is set to revolutionize how financial institutions handle the complex task
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AI-Powered Compliance Reports for banks and fintechs
At Parcha, we're constantly innovating to help fintechs and banks streamline their operations while maintaining robust compliance. Today, we're excited to highlight one of our features: AI-Powered High-Risk Industry Screening. The Problem Balancing Growth with Risk Management In the fast-paced world of fintech, onboarding new businesses
Product Updates
Parcha's AI is able to quickly and accurately identify if a business is operating in a high-risk country by scanning their website and online presence.