Algocandy

🔹 Definition Bank Verification refers to the process of confirming the validity, ownership, and status of a bank account or banking relationship. It i…

🔹 Definition Bank Account Verification is the process of confirming that a bank account exists, is active, and belongs to the correct individual or en…

(Anti-Money Laundering / Countering the Financing of Terrorism) 🔹 Definition AML/CFT stands for Anti-Money Laundering and Countering the Financing of …

🔹 Definition Articles of Incorporation (AOI) are formal legal documents filed with a government agency—such as a state authority or business registry—…

🔹 Definition An Age Verification System is a technological or procedural solution used to confirm that an individual meets a minimum legal age require…

🔹 Definition Adverse Media, also known as negative news, refers to publicly available information—primarily from news sources—linking individuals or e…

🔹 Definition An Anti-Money Laundering International Database (AMLID) is a centralized or aggregated data source containing global records relevant to …

🔹 Definition AML Screening Software refers to automated technology tools used by organizations to screen individuals, entities, and transactions again…

🔹 Definition AML Risk Assessment refers to the process of identifying, evaluating, and documenting the money laundering and terrorism financing risks …

🔹 Definition AML Geographic Risk refers to the level of anti-money laundering (AML) risk associated with the countries or regions connected to a custo…