Velocity’s country resolution software has an individual field normalizer for city, state, postcode, and country which can process the text. The processor uses a fuzzy matcher that helps to i...
Velocity’s country resolution software process consists of 3 steps.
Input - The first step is data ingestion where you need to input all the customer information and transaction data...
Velocity’s country resolution software uses an advanced algorithm that can parse and match the address to the global address database and find the country with a confidence scoring mechanism....
The financial institutions need to identify high risk jurisdictions very carefully for proper AML compliance. The transaction data comes with an address field that is important for the high risk ju...
The Country Resolution software helps to streamline and disambiguate source country data that helps to understand the risk a country poses. Next, the transactions related to that particular country...