Parcha: Accelerating Compliance with AI-Powered Solutions

Parcha is an AI platform designed to streamline compliance processes for banks, fintechs, and financial institutions. By leveraging advanced AI, Parcha automates critical tasks such as document verification, due diligence, AML screening, and compliance reviews, enabling faster customer onboarding and stronger regulatory adherence. Its human-like judgment and expertise make it a powerful tool for businesses seeking efficiency and accuracy in compliance workflows.

Key Features:

• AI Compliance Reports: Generate detailed compliance assessments with AI-driven insights.
• Business & Individual Checks: Verify entities and individuals through sanctions lists, adverse media, and proof of address.
• Document Verification: Use OCR and AI to validate business documents in over 60 languages.
• AML Screening: Automate anti-money laundering checks for enhanced risk management.
• Custom Integrations: Seamlessly integrate via API or tailored solutions for existing systems.
• SOC 2 Type 2 Compliance: Ensured data security and regulatory standards.

Pricing:

Parcha offers a freemium model, providing foundational compliance tools at no cost while scaling up with premium features for advanced needs.

Conclusion:

Parcha is a transformative AI solution for financial institutions, combining speed, accuracy, and compliance to drive innovation and reduce operational burdens.