Armalytix, an award-winning leading fintech that enables firms to establish their clients’ financial position for AML, affordability and investigations, announces today the launch of a new tool to enable firms to quickly and easily scan client bank statements.
Leading Fintech Provider Armalytix Expands Into Insolvency Services With Tailored Solutions for Practitioners.
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The launch comes on the back of a government plan for a new offence called the “failure to prevent fraud” (FTPF), included in a recent amendment to the Economic Crime and Corporate Transparency Bill. These tools will allow firms to navigate the increased risk of not identifying problem customers, ultimately enabling them to protect their reputation and avoid fines.
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