Minerva Unveils Real-Time Advanced AML Screening Technology on AWS Marketplace

Minerva, a leader in real-time AML (anti-money laundering) compliance technology, has announced that its advanced AML Screening platform is now available on AWS Marketplace. AWS Marketplace is a digital catalog featuring thousands of software listings from independent vendors, making it easier for users to discover, test, purchase, and deploy software that runs on Amazon Web Services (AWS).

By listing on AWS Marketplace, Minerva is providing AWS customers with direct access to its AML screening and investigation services, streamlining the purchasing and management process. This move enhances Minerva’s ability to meet the growing compliance needs of customers worldwide by offering seamless access to its platform. The first product available through AWS Marketplace is Minerva’s automated screening solution, which includes sanctions, politically exposed persons (PEP), adverse media, and open-source intelligence (OSINT) monitoring for both onboarding and continuous compliance.

Minerva’s platform utilizes an advanced entity-matching engine powered by real-time data, enabling users to identify risks and onboard up to 85% of customers automatically. By reducing false positives by up to 75% and automating manual workflows, the platform cuts AML program costs by 50%, all while supporting a risk-based approach to compliance. This AI-driven technology was developed by researchers and AML experts, ensuring that it meets the highest standards.

“Listing on AWS Marketplace is a significant milestone for Minerva,” said Jennifer Arnold, co-founder and CEO of Minerva. “This step allows us to reach a wider audience and provide financial service providers, FinTech companies, banks, and crypto exchanges with a more efficient and cost-effective way to manage their compliance needs. As more customers prefer to buy through marketplaces, this listing offers them an opportunity to cut AML compliance costs significantly.”

In addition to self-service subscription plans, Minerva will offer private subscriptions for businesses that require custom solutions, allowing for a more tailored approach while benefiting from centralized billing via AWS.

For more information, visit Minerva’s listing on AWS Marketplace or contact their sales team.

About Minerva

Minerva is an AI-powered anti-money laundering platform designed to reduce AML program costs by half, while enabling compliance teams to scale effectively. Unlike traditional providers, Minerva goes beyond data collection to offer intelligent insights, utilizing AI trained on over 5 million investigation decisions. With the ability to reduce false positives by up to 75% and automate manual workflows, Minerva’s Risk Screening API and Investigations Platform are trusted by leading financial institutions to manage risk assessments and maintain compliance. Visit gominerva.com for more information.

Source link

Share your love

Newsletter Updates

Enter your email address below and subscribe to our newsletter