Anti-money-laundering (AML) firm SmartSearch has expanded into the US market.
SmartSearch enables firms to streamline and automate their customer onboarding process offering a full suite of AML checks that can be performed remotely.
There is also a fully-integrated SmartSearch app to allow checks to be performed ‘on the go’.
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With the COVID-19 pandemic still a significant factor in many US states, this provides a significant advantage for SmartSearch compared to manual document checks.
John Dobson (pictured), chief executive of SmartSearch, said: “We have developed a bespoke product for the American market so that US firms using SmartSearch have the same absolute confidence as those in the UK, that their AML checks are up-to-date and fully compliant with relevant legislation at all times.
“Our combination of cutting-edge technology and friendly, efficient customer service means SmartSearch is already one of the UK’s leading RegTech firms. Our client retention rate of 98% is testament to the high level of service we consistently deliver.
“We want to bring those assets to bear in the US market, while continuing to deliver day in, day out for our UK clients.”