Financial Crime Risk Management platform from Fiserv allows financial institutions to minimize the cost and risk in their FATCA regulatory compliance. With Fiserv AML solution companies can find, review, decision, document and report customers who meet certain criteria.
- The solution enables to determine U.S. taxpayer status and FATCA status through a structured workflow
- Option to capture data fields, statuses and documentation in customer-centric FATCA case files.
- Streamlined monitoring and reporting process.
- A centralized solution for compliance that includes tax evasion, money laundering, terrorist financing, sanctions, corruption and fraud.
- The ability to leverage a single investment in customer, product and transaction data for detection, investigation and resolution of specific entities and activities as required for different regulations.