Why IDcentral's AML Screening solution is dubbed End-to-End AML Compliance
The term Anti Money Laundering is abbreviated as AML. It is mostly used in the financial, legal, and compliance sectors to define the standard procedures that firms and organisations must implement in order to detect, identify, and report suspicious money laundering behaviour that may occur while carrying out their activity. AML compliance standards focus on anti-money laundering processes that deter and prohibit potential violators from participating in money laundering fraud or crime.