AML Service
An AML service provides sanctions, PEP, watchlist and adverse-media screening, ongoing monitoring and alert management as a hosted capability that businesses integrate into onboarding and compliance workflows.
Why it matters
List coverage, matching quality and monitoring cadence are hard to build and maintain internally. A service delivers them with an audit trail the compliance team can rely on.
How it works
- Submit verified customer data via API.
- Receive screening results with match scores and evidence.
- Review and disposition alerts in a case view.
- Enable continuous monitoring with notifications on new hits.
Common challenges
- Alert volumes if matching is not tuned.
- Multilingual name handling.
- Integration with identity verification and case management.
How IDWise supports this
IDWise addresses this within the Continuous Trust Platform through the following modules, configured per market, product line and risk tier.
Frequently asked questions
What is the difference between an AML service and AML software?
A service is consumed via API and managed by the provider; software may be deployed and operated by the business.
Does an AML service include transaction monitoring?
Screening services focus on customer risk; transaction monitoring is usually a separate capability.
How quickly are new sanctions reflected?
Providers update lists continuously and re-screen monitored customers on a daily or faster cadence.
Related terms
Talk to an IDWise specialist about your markets, regulators and risk controls.