KYC2020

KYC2020 was founded in 2016 to meet the sanction screening requirements of Money Service Businesses (MSBs) and online financial technology innovators. KYC2020's product strategy is founded on good data. The company is one of the very few sanction screening solution providers that builds and manages its own global sanction, PEP, and Adverse Media watchlist database. This product strategy allows KYC2020 to control the quality of data and serve as the most affordable sanction screening solution provider in the marketplace. In 2018, KYC2020 introduced DecisionIQ™, an AI/ML based screening service that delivers real-time actionable decisions on whether to approve or deny screened individuals or entities. DecisionIQ virtually eliminates the need for manually clearing false positives and managing the associated paperwork. In 2019, KYC2020 introduced its free AML Compliance Toolkit to help FinTech innovators better understand risks and get started with their AML compliance program. In 2020, KYC2020 enhanced the quality of its data with its Smart Data project, enhanced DecisionIQ with ongoing monitoring, introduced its Adverse Media Check® solution, and implemented GDPR compliance policies. KYC2020 will continue to push forward in the innovation of affordable and effective compliance in 2021. KYC2020 is an ISO27001 certified software provider.