News

Nexstar launches KYC and AML platform

Friday 23 June 2017 08:00 CET | News

Digital media technology company Milestone Group announced that its subsidiary Nexstar, had launched a know your customer (KYC) and anti-money laundering (AML) platform.

The new platform is part of a fintech solution designed to be used by organisations involved in banking, gaming, insurance and card programmes amongst others.

The product tied into a number of global databases to carry out background checks on both individuals and corporates, including criminal records, financial and personal history, employment and payroll services databases, insurance and all other KYC and AML requirements.

The KYC platform had been designed to work on traditional banking and financial systems as well as new fintech technologies, with a bias towards blockchain, hyperledger, cryptocurrency and internet of things.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Nexstar, AML, KYC, fintech, milestone, blockchain, hyperledger, cryptocurrency, internet of things
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events