iDenfy Launches AI-Driven Criminal Background Check Tool for US KYC/KYB Compliance
iDenfy has introduced a new Criminal Background Check tool to bolster KYC/KYB and AML compliance for US businesses. This feature combines AI-driven identity verification with real-time access to official government records, helping companies exclude potentially dangerous individuals from business relationships.
The tool accesses international criminal databases, providing up-to-date data on individuals being screened. It covers federal, state, county, and local records, including arrest histories, prosecutions, and sex offender registries. Each report offers a risk profile with offense classifications, case statuses, country and release dates.
The tool also checks adverse media, or negative news mentions, linking individuals to potentially illicit activities. This helps businesses make informed decisions about who to engage with, particularly in high-risk regulated industries like banking and cryptocurrency.
The no-code integration allows businesses to meet KYC, KYB, and AML procedures without adding complexity. It generates reports with all found data in a single PDF file, enabling faster red flag detection.
iDenfy's Criminal Background Check tool is designed to enhance US businesses' ability to access relevant data linked to a person's criminal history. By providing comprehensive, real-time information, it helps companies improve their KYC/KYB and AML compliance and mitigate risks in their business relationships.
