frequently asked questions
Have questions? See answers to commonly asked questions about VeriteScan.
GENERAL INFORMATION
VeriteScan is a web application designed to assist organizations in conducting Anti-Money Laundering (AML) background checks and compliance screenings. It offers a range of scanning options for individuals and entities, as well as bulk scanning capabilities.
VeriteScan offers various scan types, including full scans, PEP scans, adverse media searches, AMLC checks, UNSC scans, INTERPOL searches, OFAC sanctions checks, and more. It covers multiple jurisdictions and risk profiles to suit different AML strategies.
Yes, VeriteScan is committed to maintaining the highest standards of security and compliance. All data is encrypted and securely stored, with access restricted to authorized users only. The application is regularly updated to comply with the latest AML regulations and standards.
VeriteScan is regularly updated to comply with the latest AML regulations and standards. The development team stays vigilant in monitoring regulatory changes to ensure that the application remains up-to-date and compliant with the evolving landscape of AML requirements.
Yes, VeriteScan covers various jurisdictions and offers scan types such as international sanctions lists, UN watchlists, and EU financial sanctions. This makes it suitable for conducting AML compliance checks on an international scale to meet the requirements of different regions and regulations.
Yes, VeriteScan performs real-time scanning and delivers instant results. The system compares the names being scanned with all available databases and watchlists, providing quick and efficient scan results.
VeriteScan adopts a pricing model based on the purchase of tokens. The cost of each scan type is deducted from the user’s token balance, allowing for flexibility and cost-effective usage.
FEATURES AND FUNCTIONALITY
VeriteScan offers various scan types, including full scans, PEP scans, adverse media searches, AMLC checks, UNSC scans, INTERPOL searches, OFAC sanctions checks, and more. It covers multiple jurisdictions and risk profiles to suit different AML strategies.
Yes, VeriteScan provides a bulk scanner feature that allows users to perform AML scans on extensive datasets. This feature is ideal for organizations that need to screen numerous entities or individuals simultaneously.
The VeriteScan dashboard serves as the central hub for all scanning activities. It includes dropdown menus to select specific scan types and entity categories, a search output window to display scan results, and a search history log to revisit and analyze past scan results.
VeriteScan’s bulk scanner feature allows you to scan extensive datasets quickly and efficiently. It is particularly useful for organizations that need to screen a large number of entities or individuals simultaneously. The feature supports .txt or .csv file formats, with each name placed on a separate line for easy processing.
Yes, VeriteScan offers customization options through the dashboard’s drop-down menus. Users can select specific scan types and entity categories to focus on their desired risk areas. This allows for a tailored scanning experience based on specific preferences and requirements.
VeriteScan offers insights into spending patterns, including charts that visually represent overall spending and a detailed spending history. These features help users monitor their AML activities and make informed decisions. The application also includes a search history log, enabling users to revisit and analyze past scan results.
VeriteScan provides integration options to enable seamless connectivity with other systems or applications. Integration can be achieved through APIs. This allows for streamlined data flow and enhanced efficiency in the AML compliance process.
Yes, VeriteScan allows users to export scan results or generate comprehensive reports. This feature enables users to save and share the results for further analysis or record-keeping purposes.
FEATURES AND FUNCTIONALITY
Yes, VeriteScan is a web-based application, accessible from various devices, including desktop computers, laptops, tablets, and smartphones. It is compatible with popular web browsers, ensuring flexibility in accessing and using the application.
Yes, VeriteScan supports scanning and provides results in multiple languages. This allows users to conduct scans and review results in their preferred language, accommodating diverse users and enhancing usability.
ACCOUNT AND SUPPORT
Our sign-up feature is currently in development. To request a demo or to create an account, please contact our support team through the help center or via email at support@veritescan.com. The support team is available to provide guidance and address any inquiries you may have.
We are currently working on our “buy tokens” feature. To purchase tokens or for any questions or assistance, please contact our support team through the help center or email us at support@veritescan.com.
For assistance with VeriteScan, you can contact the support team through the application’s help center or via email at support@veritescan.com. The support team is available to answer questions, provide guidance, and address any technical issues.
OPERATIONAL DETAILS
VeriteScan does not impose any specific limitations on the number of scans you can perform. However, it utilizes a token-based system where each scan type requires a certain number of tokens. Users can purchase additional tokens as needed to continue performing scans.