AML GO Launches Its Anti-Money Laundering Online System at the Consumer Credit Conference
UPAY Inc. (OTCQB: UPYY) announced the launch of its AML GO Anti-Money Laundering online system through its South African subsidiary at the Consumer Credit Conference in Johannesburg on October 30-31, 2024. The platform offers financial institutions and businesses tools for AML compliance, featuring real-time monitoring, global database screening, seamless workflow integration, customizable alerts, and reporting capabilities. The system includes a user-friendly dashboard for managing compliance requirements and focuses on retail credit risk management.
UPAY Inc. (OTCQB: UPYY) ha annunciato il lancio del suo sistema online AML GO per la prevenzione del riciclaggio di denaro attraverso la sua sussidiaria sudafricana, durante la Consumer Credit Conference a Johannesburg il 30 e 31 ottobre 2024. La piattaforma offre a istituzioni finanziarie e imprese strumenti per la conformità all'AML, con funzionalità di monitoraggio in tempo reale, screening di database globali, integrazione fluida del flusso di lavoro, avvisi personalizzabili e capacità di reportistica. Il sistema include un'interfaccia dashboard intuitiva per la gestione dei requisiti di conformità e si concentra sulla gestione del rischio di credito al dettaglio.
UPAY Inc. (OTCQB: UPYY) anunció el lanzamiento de su sistema en línea AML GO para la prevención del lavado de dinero a través de su subsidiaria sudafricana en la Consumer Credit Conference en Johannesburgo, el 30 y 31 de octubre de 2024. La plataforma ofrece a instituciones financieras y empresas herramientas para el cumplimiento de AML, con monitoreo en tiempo real, análisis de bases de datos globales, integración fluida del flujo de trabajo, alertas personalizables y capacidades de informes. El sistema incluye un panel de control amigable para gestionar los requisitos de cumplimiento y se centra en la gestión del riesgo de crédito al por menor.
UPAY Inc. (OTCQB: UPYY)는 2024년 10월 30일과 31일에 요하네스버그에서 열리는 소비자 신용 컨퍼런스를 통해 남아프리카 자회사를 통해 AML GO 자금세탁방지 온라인 시스템의 출범을 발표했습니다. 이 플랫폼은 금융기관과 기업에 자금세탁방지를 위한 도구를 제공하며, 실시간 모니터링, 글로벌 데이터베이스 스크리닝, 원활한 작업 흐름 통합, 맞춤형 알림 및 보고 기능을 갖추고 있습니다. 이 시스템은 규정 준수 요구 사항을 관리하기 위한 사용자 친화적인 대시보드를 포함하고 있으며, 소매 신용 위험 관리에 중점을 두고 있습니다.
UPAY Inc. (OTCQB: UPYY) a annoncé le lancement de son système en ligne AML GO pour la lutte contre le blanchiment d'argent par le biais de sa filiale sud-africaine lors de la Consumer Credit Conference qui se tiendra à Johannesburg les 30 et 31 octobre 2024. La plateforme offre aux institutions financières et aux entreprises des outils pour se conformer aux exigences de lutte contre le blanchiment d'argent, incluant une surveillance en temps réel, un dépistage dans une base de données mondiale, une intégration fluide des flux de travail, des alertes personnalisables et des capacités de reporting. Le système comprend un tableau de bord convivial pour la gestion des exigences de conformité et se concentre sur la gestion du risque de crédit au détail.
UPAY Inc. (OTCQB: UPYY) hat die Einführung seines AML GO Anti-Geldwäsche-Online-Systems über seine südafrikanische Tochtergesellschaft auf der Consumer Credit Conference in Johannesburg am 30. und 31. Oktober 2024 angekündigt. Die Plattform bietet Finanzinstituten und Unternehmen Werkzeuge zur Einhaltung von AML-Vorschriften, darunter Echtzeitüberwachung, Screening globaler Datenbanken, nahtlose Workflow-Integration, anpassbare Benachrichtigungen und Berichterstattungsfähigkeiten. Das System umfasst ein benutzerfreundliches Dashboard zur Verwaltung der Compliance-Anforderungen und konzentriert sich auf das Management von Kreditrisiken im Einzelhandel.
- Launch of new AML compliance platform expanding product portfolio
- Entry into the anti-money laundering solutions market
- System features advanced real-time monitoring capabilities
- Integration capabilities with existing financial workflows
- None.
JOHANNESBURG, South Africa, Oct. 29, 2024 (GLOBE NEWSWIRE) -- UPAY Inc. ("UPAY" or the "Company") (OTCQB: UPYY), through its South African subsidiary, AML GO (Pty) Ltd, is excited to announce the official launch of the AML GO Anti-Money Laundering (AML) online system. The launch will take place at the prestigious Consumer Credit Conference on 30 and 31 October 2024, hosted at the Indaba Hotel in Fourways, Johannesburg.
AML GO's cutting-edge online platform is designed to provide financial institutions, credit providers, and businesses with powerful tools for AML compliance in today’s dynamically digital world. With a focus on retail credit risk management and regulatory compliance, the system offers a robust solution for identifying, assessing, and mitigating the risks associated with money laundering and related financial crimes.
Key Features of the AML GO System:
- Advanced AML Screening: Real-time monitoring and screening against global databases to ensure compliance with the latest AML regulations.
- Seamless Integration: Easy integration into existing financial workflows, providing automated and comprehensive compliance checks.
- Customizable Alerts and Reports: Tailored reporting tools that enable financial institutions to track and report suspicious activity efficiently.
- User-Friendly Interface: A simple yet effective dashboard, allowing users to manage compliance requirements with ease.
About AML GO (Pty) Ltd:
AML GO is your trusted partner for cutting-edge Anti-Money Laundering (AML) and credit risk solutions. Our streamlined Client Onboarding Platform offers seamless access to AML, Politically Exposed Persons (PEP), and sanctions screening, along with risk rating assessments, bank account verification, and bank statement verification. In addition, we provide comprehensive credit risk assessment, identity verification, affordability calculations, and proof of address confirmation. AML GO ensures that your organization stays compliant with the Financial Intelligence Centre Act (FICA) while optimizing operations for enhanced efficiency and reduced risk.
Jaco Fölscher, CEO of UPAY Inc., shared his enthusiasm for the system’s launch: "The introduction of the AML GO online platform marks a pivotal moment for UPAY and AML GO. We are thrilled to offer this innovative solution at such a critical time for the consumer credit industry. As financial institutions face growing regulatory pressures, AML GO provides the technology needed to enhance compliance and safeguard against financial crimes."
About the Consumer Credit Conference 2024:
The Consumer Credit Conference is a key industry event that brings together professionals in retail credit, unsecured lending, and risk management to explore strategies for managing credit risks in an increasingly digital world. The conference will cover topics such as credit scoring models, digital lending platforms, risk management strategies, and regulatory compliance. AML GO's launch at this event highlights the importance of integrating cutting-edge technology in addressing compliance challenges in today's financial landscape.
Attendees of the conference will have the opportunity to see the AML GO platform in action and engage in interactive sessions to understand how it addresses their specific compliance needs.
Mia-Daniel Bester COO of AML GO (Pty) Ltd, commented: "AML GO is proud to be launching at the Consumer Credit Conference. Our platform not only addresses the current compliance challenges but also looks ahead to the future of AML management, ensuring businesses stay ahead in the face of evolving regulations."
The launch of the AML GO system reinforces UPAY’s commitment to providing innovative solutions that empower financial institutions in South Africa and beyond. The company continues to set the standard in compliance and risk management technology, driving both innovation and regulatory excellence.
For more information about AML GO and its new anti-money laundering online system, please visit www.amlgo.co.za
CONTACT INFORMATION
UPAY Inc.
Email: info@upaytechnology.com
About UPAY Inc.:
UPAY Inc. is a forward-thinking US public company dedicated to delivering cutting-edge financial solutions across the fintech sector. With a strong focus on innovation, UPAY remains a leader in AML compliance technology and financial risk management.
About AML GO (Pty) Ltd:
AML GO is a South African subsidiary of UPAY Inc., specializing in providing anti-money laundering compliance and credit risk solutions for financial institutions. The company’s mission is to empower businesses to meet stringent regulatory requirements through innovative, user-centric technology.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of UPAY Inc. This publication contains forward-looking statements, which are not guarantees of future performance. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
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