Get a cleaner more trustworthy consumer information is key to leverage your compliance/AML process
Applicant name: ControlMoney
Innovation Name: Consumer Recognition CID
Innovation Type: Feature
Website: http://www.controlmoney.net
Innovation Description: Complex algorithm that tracks customer information changes, adding footprint information and details, creating a non alterable hidden profile that resists any brute force change.
Innovation Name: Consumer Recognition CID
Innovation Type: Feature
Website: http://www.controlmoney.net
Innovation Description: Complex algorithm that tracks customer information changes, adding footprint information and details, creating a non alterable hidden profile that resists any brute force change.
This method solve:
AML Aggregation evasion
Profiles Duplicity reduction on 30%
False positives reduction on 90%
Operative cost reduction based on the number of transactions
AML Aggregation evasion
Profiles Duplicity reduction on 30%
False positives reduction on 90%
Operative cost reduction based on the number of transactions
all this on a realtime analysis (2.500ms per transaction)
Status of Innovation: In-market
Innovation Active Since: 08/01/2018
Applicant Type: Private Company
Headquarter City: Miami
Headquarter Country: USA
Year Founded: 2004
Status of Innovation: In-market
Innovation Active Since: 08/01/2018
Applicant Type: Private Company
Headquarter City: Miami
Headquarter Country: USA
Year Founded: 2004
Main Category
Main Category Choice: Compliance Solution
Why do you think you should win this category?:
Consumer Recognition CID:
Eliminates AML Aggregation evasion
Profiles Duplicity reduction by 30%
False positives reduction by 90%
Drastic analysis cost reduction based on the number of transactions
Why do you think you should win this category?:
Consumer Recognition CID:
Eliminates AML Aggregation evasion
Profiles Duplicity reduction by 30%
False positives reduction by 90%
Drastic analysis cost reduction based on the number of transactions
Secondary Category
Secondary Category Choice: Technology Innovation
Why do you think you should win this category?
Since the introduction of ControlMoney in 2007 we are striving to produce better, faster and simpler software, with our latest release and the adoption of the Consumer Recognition, we’ve seeing a dramatic change on the operational and compliance workflows.
faster and more secure screening that relies on software induce processes, freeing manual labor enable companies to focus on growth.
Why do you think you should win this category?
Since the introduction of ControlMoney in 2007 we are striving to produce better, faster and simpler software, with our latest release and the adoption of the Consumer Recognition, we’ve seeing a dramatic change on the operational and compliance workflows.
faster and more secure screening that relies on software induce processes, freeing manual labor enable companies to focus on growth.
Team Members
Full Name: Andres Barrero
Role: Director
Linkedin: https://www.linkedin.com/in/andres-barrero-0189ab1a/Full Name: Alfredo Ruiz
Role: CM Manager
Link: https://www.linkedin.com/in/alfredo-ruiz-5a516033/
Role: Director
Linkedin: https://www.linkedin.com/in/andres-barrero-0189ab1a/Full Name: Alfredo Ruiz
Role: CM Manager
Link: https://www.linkedin.com/in/alfredo-ruiz-5a516033/
Supporting Links
ControlMoney Features: https://www.controlmoney.net/features.aspx
Entry Representative
Full Name: Andres Barrero
Role: Director
Role: Director
