Melissa - Global Intelligence  1-800-MELISSA

Press Releases

Melissa Features Comprehensive KYC Tools and Services at #Money2020Asia

Demos Highlight 360° Customer View to Prevent Fraud and Drive Anti-Money Laundering Initiatives

Rancho Santa Margarita, CALIF – February 28, 2018

Financial institutions looking to comply with anti-money laundering (AML) financing regulations face the challenge of delivering on the customer’s expectation for convenience, speed, and simplicity, while also mitigating the risk of fraud. Melissa, a leading provider of global contact data quality and identity verification solutions, today announced that its comprehensive global intelligence solutions integrate seamlessly into banking operations, improving the customer experience while protecting corporate assets.

In Forrester’s Q1-2018 Now Tech report on Identity Verification, Melissa is ranked as a mid-sized identity verification provider with international markets coverage. Melissa’s broad range of data verifications and enhancements power trusted banking relationships, enabling a 360 degree view of the customer in real-time. Bankers can decide instantly whether to accept new customers, detect application fraud in any customer channel, and capture verified and standardized customer data – every time.

These tools and services are essential to achieving entity resolution and compliance in areas of Anti Money Laundering (AML), Fraud Prevention, Politically Exposed Persons, and with Bank Secrecy Act (BSA) regulations, and will be featured at Money 20/20 Asia, Booth L15, at The Marina Bay Sands Expo & Convention Centre in Singapore, March 13-15, 2018. Click here to confirm an onsite technology briefing, or visit the booth during regular show hours.

Melissa’s experts will be available throughout the conference, demonstrating how global intelligence tools can enable bankers to retire costly legacy compliance and KYC systems, reduce headcount for manual review, and avoid reputational risk with regulators and the general public.

Visitors will gain insight on gaining new efficiencies, reducing costs, and guarding against fraud and money laundering activities, while maintaining an excellent user experience in operations such as on-boarding and customer service. This includes processes such as building flexible, automated credit-checking and anti-fraud workflows that integrate name and address verification; age and national ID verification; address correction, standardization, and formatting; and full contact data validation.