Unlock the Power of Seamless Business Monitoring: Vespia’s Effortless Solution for Monitoring Your Business Customers and Partners
Hey there AML superheroes! We all know that AML regulations require continuous monitoring of business customers and partners. However, manually checking hundreds of customers every few weeks is inefficient and not very effective in identifying potential AML risks. But don’t worry, Vespia has got you covered.
At Vespia, we’ve got you covered with a range of monitoring options designed to help you stay on top of your business customers and partners. Our suite of monitoring solutions empowers you to effortlessly keep an eye on any changes and potential AML risks.
Let’s explore the different types of monitoring Vespia has to offer.
Know Your Business (KYB) & Business Monitoring
With Vespia’s KYB Monitoring, you can easily keep track of changes in the business itself, such as changes in company ownership, new directors or shareholders being added, or leaving the company. This ensures that you stay informed about important changes to your business customers and partners.
Anti-money Laundering (AML) Monitoring
Vespia daily checks entities against PEP (Politically Exposed Persons), and Adverse Media lists. Instant notifications are sent if someone is added to a Sanctions list, allowing you to take action quickly and remain compliant.
ID Expiration Monitoring for Improved Partner Process
Vespia also monitors the expiration dates of IDs for the UBOs (Ultimate Beneficial Owners) and representatives of the companies you’re monitoring. This ensures that you’re never caught off-guard by an expired ID.
Vespia — The Premier Solution for Business Monitoring
The best part? Monitoring your business customers and partners with Vespia is super easy. Simply select the entity you want to monitor, and you’ll receive a notification whenever something changes inside the entity. You can also automate your entities' monitoring process with our Vespia API, saving you time and effort.
In short, Vespia makes monitoring your business customers and partners easy and hassle-free. With our different types of monitoring, you can stay compliant with AML regulations without spending too much time on monitoring.
So why not give Vespia a try and see for yourself how easy it can be to stay on top of your AML compliance requirements? Talk to our experts now!
Are you an AML superhero looking to streamline your KYB process and stay compliant? Vespia Dashboard offers a simple, six-step approach with global coverage, PEP and sanctions screening, and more. Learn more here and master KYB like a pro!
Stay informed and stay compliant! 💪💼
About Vespia
Vespia helps companies build trust with each other in a matter of seconds with the power of AI.
Vespia’s all-in-one business verification (KYB) and Anti-Money Laundering (AML) solutions enable growing businesses across multiple sectors to implement a faster, cost-effective verification and onboarding flow. Get started today!
About the author
Julia Ront is a leading figure in the Estonian RegTech scene, renowned for her expertise in developing innovative solutions to support regulatory compliance. As the CEO and Co-Founder of Vespia, Julia has dedicated her career to helping businesses navigate the complex and ever-changing landscape of compliance regulations.
