F
FinCom.co
About
Fincom offers the best AML Screening Solution to date, proven in US banks to reduce Wire/SWIFT screening operational cost and False Positive Alert rate by 90%. The solution is enriched by an intuitive case management system supporting all the banking verticals such as Fed-Now, RTP, ACH, perpetual KYC, and more importantly increasing the compliance regime of the financial institution.Fincom’s AML solution is based on core technology for Entity Resolution. Enabling to process multilingual databases for accurate searching, matching and mapping of all the databases irrelevant of format or technology. Fincom’s patented phonetic fingerprint technology enables matching names even when misspelled, in different formats (unstructured), multiple languages/alphabets (44 – including Arabic, Russian, EU languages, Chinese, Korean, etc.) and with transliteration mistakes. The proprietary core technology uses 48 algorithms from computational linguistics, advanced mathematics, and phonetics, achieving unprecedented levels of data management and understanding. The technological breakthrough enables best of class AML Name Screening, Entity Resolution, Database mapping, and information management.Fincom’s solution is adopted by tier 1 banks in the USA, FI in EU/UK, international regulators, and leading technology companies such as EY, Cognizant and Finastra as a worldwide reseller.
Tags
Total Employees
15
Current headcount
Company Timeline
Funding rounds, employee growth, revenue, and exits over the same period. News mentions shown as markers.
No timeline data for this period
Score Breakdown
41Traction
42Team
60Visibility
28Profile
70Community
0Discussion (0)
Join the discussion
No comments yet. Be the first to share your thoughts!
Frequently Asked Questions
What does FinCom.co do?
Fincom offers the best AML Screening Solution to date, proven in US banks to reduce Wire/SWIFT screening operational cost and False Positive Alert rate by 90%. The solution is enriched by an intuitive case management system supporting all the banking verticals such as Fed-Now, RTP, ACH, perpetual KYC, and more importantly increasing the compliance regime of the financial institution.Fincom’s AML solution is based on core technology for Entity Resolution. Enabling to process multilingual database…
How much funding has FinCom.co raised?
FinCom.co has raised a total of $1M in funding. The most recent round on record is Series B.
When was FinCom.co founded?
FinCom.co was founded in 2017.
What industry does FinCom.co operate in?
FinCom.co operates in AI, AML, Big Data, Database.
How many employees does FinCom.co have?
FinCom.co has approximately 15 people on record.

