Overview
MemberCheck is a compliance platform that helps businesses follow anti-money laundering and counter-terrorism financing laws. Its setup can take some time, but once running, it offers automatic checks, real-time alerts, and an easy dashboard that makes global compliance much simpler.
MemberCheck Specifications
Risk Assessment and Mitigation
Regulatory Compliance Tracking
Regulatory Change Monitoring and Impact Analysis
Third-Party/Vendor Risk Management
What Is MemberCheck?
MemberCheck is a cloud-based compliance platform that helps businesses verify names against global watchlists, sanctions, and politically exposed persons (PEPs). It also monitors adverse media and sends alerts if any changes occur. You can filter results easily, download reports, and even integrate it with your systems using its API. MemberCheck supports ongoing monitoring, offers multiple language options, and follows strict data security standards, making it a reliable option for global risk and compliance teams.
MemberCheck Pricing
MemberCheck Integrations
The vendor has not provided any specific information regarding MemberCheck’s integration with other applications and tools.
Who Is MemberCheck For?
MemberCheck is ideal for a wide range of industries and sectors, including:
- Banking and financial services
- Cryptocurrency
- Fintech platforms
- Legal firms
- Insurance providers
- Consulting firms
Is MemberCheck Right For You?
MemberCheck software is a great choice for banks, financial services, fintechs, crypto platforms, and businesses that need to follow strict global regulations. Its intelligent filtering, daily updates, and false positive reduction features help streamline compliance processes and save time. For organizations seeking to remain audit-ready and efficient, MemberCheck is a strong contender.
Still doubtful if MemberCheck is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
MemberCheck Features
MemberCheck uses smart filters to search large databases and find people or companies that may be at risk. Even if names are spelled differently or contain minor errors, the fuzzy matching feature helps catch them up. This way, your business doesn’t miss potential links to money laundering or terrorism financing just because the name wasn’t exact.
With MemberCheck, you can perform detailed background checks on clients, partners, or transactions. It checks if people are on government watchlists, connected to crime, or mentioned in bad media. The platform also allows you to rate the riskiness of each profile, enabling you to make informed decisions and easily meet compliance rules.
MemberCheck continues to check client information even after the first scan. If a customer’s risk status changes, such as if they appear on a new sanctions list, you’ll be notified right away. This ongoing monitoring enables your team to act quickly and stay updated without having to manually check everything repeatedly.
Some countries are riskier than others in terms of crime or terrorism. MemberCheck provides insights into the risk levels associated with different regions, helping businesses identify high-risk countries. This enables organizations to avoid trouble and safeguard their businesses against legal and financial risks.
The platform can quickly create reports that show all the checks you’ve done. These reports help you prove to regulators that your business is following the rules. You’ll also receive email alerts whenever a risk is identified, allowing you to respond quickly and take the necessary action without delay.