TransferGo selects RDC customer screening platform

KUALA LUMPUR, Oct 24 (Bernama) -- Regulatory DataCorp Inc. (RDC), a Smarter Screening™ company has been chosen by TransferGo, a UK-headquartered money transfer company, to be their Know Your Customer (KYC) / Anti-Money Laundering (AML) screening partner.

RDC said in a statement by using its Client Review, TransferGo can now uses their configurable filtering to reduce match rates by 30 per cent, all while screening against Sanctions, Politically Exposed Persons (PEPs) and Adverse Media.

In addition, RDC’s Portfolio Monitoring also provides TransferGo with automated, daily client screening via a secure, cloud-based platform that offers the long-term scalability required by this developing business.

Chief executive officer (CEO) of RDC, Tom Walsh said its customer screening platform gives TransferGo the KYC/AML protection they need together with operational efficiency and scalability to match their exciting growth trajectory.

“RDC helps us to safely fulfill all our obligations to regulators and provide a quick and seamless experience for our customers,” said CEO of TransferGo, Daumantas Dvilinskas.

He said RDC’s system ensures their client database is constantly screened with newest information available, therefore they can quickly react and re-evaluate any risk posed on an ongoing basis.

More details at www.rdc.com

-- BERNAMA