AI - MinervaAI
Empowering financial institutions to proactively combat financial crime through advanced AI-driven solutions for AML and KYC compliance.
- Name
- MinervaAI -https://www.minervaai.io/
- Last Audited At
About MinervaAI
MinervaAI is a leading technology company based in Toronto, Canada, specializing in AI-driven solutions for financial institutions and innovators in the fields of Anti-Money Laundering (AML) and Know Your Customer (KYC). Their advanced platform automates regulatory obligations, including KYC and Enhanced Due Diligence (EDD), risk ratings, beneficial ownership investigations, and ongoing monitoring.
MinervaAI offers a comprehensive suite of services designed to help financial institutions identify and assess client risk from onboarding to exit. Their platform proactively identifies customer risks by utilizing deep learning technologies to understand the intricacies of each customer's background and the broader context in which they operate, delivering actionable insights with minimal false positives.
Key offerings from MinervaAI include IDV (Identity Verification), KYC & KYB (Know Your Customer and Know Your Business), sanctions, PEP (Politically Exposed Persons), and watchlists screening, investigations & EDD (Enhanced Due Diligence), adverse media and social media monitoring, and ongoing risk monitoring.
MinervaAI's configurable risk rating system enables financial institutions to assess risk based on their unique risk tolerance, while the holistic risk assessment approach allows organizations to gain a complete understanding of their customers and their networks, enabling more in-depth investigations. Additionally, MinervaAI provides data lineage for regulator-ready reporting, ensuring compliance with industry standards.
Trusted by leading financial institutions and innovators, MinervaAI empowers organizations to get ahead of financial crime and make informed decisions based on accurate, real-time data.
