Risk Mitigation & AML/CTF Requirements

Manage Risk, Prevent Fraud, AML/CTF and KYC Compliance

Acxiom’s suite of advanced, information-based risk management solutions helps organisations to make intelligent decisions while managing risk, reducing incidences of fraud and maximising customer security. Our accurate, comprehensive database utilises a number of government, private and public data sources to assist organisations in meeting the requirements of Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation compliance and risk reduction.

Acxiom's risk mitigation and AML/CTF services can help you:

• Authenticate and identify both new and existing customers (Check ID)
• Reduce the risk of identity theft and fraud through by improving customer identification
• Combat Anti-Money Laundering
• Meet Know Your Customer (KYC) requirements
• Comply with AML/CTF legislation
• Better risk assess new customers under AML rules

Acxiom understands the importance of helping businesses with risk mitigation for compliance and combating high risk activities such as identity theft. Our service comprises information such as length of residency, deceased file matching, family-level matching and data of birth variance.

While the use of stolen documents such as utility bills typically facilitates identity theft and fraud, personal information such as date of birth is difficult to obtain. Acxiom’s risk mitigation services consider length of residency to guard against lost or stolen documents. It is the combination of these two elements that helps our clients to assess new customer risk prior to offering financial or other services.

Risk Mitigation & AML/CTF Solutions