Greenlite: AI-Powered Financial Compliance for Banks, Fintechs, and Credit Unions

Greenlite is an AI-driven compliance platform designed to streamline financial crime prevention for banks, fintechs, and credit unions. By automating critical tasks such as Anti-Money Laundering (AML), sanctions checks, and Know Your Customer (KYC) processes, Greenlite empowers compliance teams to operate more efficiently and accurately. The platform leverages advanced AI to analyze financial statements, websites, and narratives, integrating seamlessly with existing case management systems to reduce manual workloads.

Key Features:

• Automated AML, Sanctions, and KYC: Streamlines compliance processes with AI-driven checks.
• AI Analysis: Provides insights through financial, narrative, and website analysis.
• Integration Capabilities: Works with existing case management systems for seamless workflow.
• Time Savings: Reduces due diligence time by 70%, alert handling by 50%, and monthly screening by 80%.
• Comprehensive Compliance Services: Includes screening alerts, transaction monitoring, customer due diligence, and enhanced due diligence.
• Data Enrichment: Offers business and individual enrichment, corporate registry data, and web presence reviews.
• Regulatory Compliance: Adheres to SOC 2 Type II standards for security and data integrity.

Pricing:

Greenlite offers a freemium model, allowing users to access core features with the option to upgrade for advanced capabilities tailored to enterprise needs.

Conclusion:

Greenlite is an essential tool for financial institutions seeking to enhance compliance efficiency and mitigate risks through cutting-edge AI technology.