Red Flag Automate
Improve your onboarding and streamline due diligence processes with automation technology
Don’t waste time and money with inefficient and outdated processes. Discover seamless onboarding, remove the headache from compliance and start managing your risk with Red Flag Alert’s Automate feature. Take advantage of seamless integration and new applications, and undertake complex due diligence processes in seconds.
Eliminate the challenges of manual due diligence with Red Flag Alert by combining validation, fraud, credit, anti-money laundering, ID verification and bank verification check with one simple click and perform all checks in under 10 seconds.
Our solution is Data Agnostic enabling connectivity to numerous data providers and is updated daily, with guaranteed compatibility with a wide range of data providers. The best part? There's no need for any custom development work on your end.
Red Flag Automate is designed to seamlessly integrate into your existing infrastructure, making it a hassle-free and effective solution for your financial onboarding needs.
Data Connectivity
- Data Agnostic
- Connect to any data provider
- No IT or custom dev required
Decisioning
- Intelligent decisioning
- Delivering ultimate configurability alongside a best-of-breed user experience.
- Decisions returned in under a minute
Journeys & Workflows
- Create workflows on fraud, credit & aml
- Validate companies through bank verification
- Seamlessly automate financial crime management
Automation Journey Flows
Manual onboarding process:
- Business details, including address & VAT number
- Individual details
- Credit required
- ID details including utility bill, bank statement
- Bank account details for DD
Manual checks to include:
- Website check
- VAT check
- Credit check with single or multi-bureau
- Manually go through ID documents with no validation source
- Manually look through Bank Details
Red Flag Automation Process
- Company validation
2 second - Company Fraud check
2 second - Company Credit check
2 second - AMLcheck
2 second - Bank verification
2 second
Fuel-Card automation process
- Company validation Non Limited/Limited
2 seconds - Fraud check (mobile,email and Web-site)
2 seconds - Credit check (business/consumer)
2 seconds - AML
2 seconds - Bank verification
2 seconds - RDCO check
2 seconds - Vehicle operator licence check
2 seconds
