Money Laundering
Overview
Money laundering is the illegal process of disguising illicit funds as legitimate by moving them through financial systems. It typically involves three stages: placement, layering, and integration.Criminals use laundering to hide proceeds from crimes such as drug trafficking, corruption, or fraud.Regulators worldwide enforce AML laws requiring financial institutions to detect, prevent, and report money laundering. Banks, fintechs, insurers, and payment providers deploy KYC, transaction monitoring, and sanctions screening tools to combat it.Global frameworks like FATF’s 40 Recommendations guide regulators in harmonizing standards. Preventing money laundering is not only a legal requirement but also essential to protect financial system integrity and public trust.
Stay ahead of risk with Signzy
Explore tools that help you onboard, monitor, and verify with confidence
AML Screening
Comprehensive Anti-Money Laundering screening solutions to detect and prevent financial crimes through advanced monitoring and compliance tools.
Transaction Monitoring
Real-time transaction monitoring and analysis to identify suspicious activities and ensure regulatory compliance across all financial operations.
Criminal Screening
Thorough background checks and criminal record verification to ensure compliance and maintain security standards in your onboarding process.
