How can we help you?

Knowledge Base   /   FinCEN314A

FinCEN314A

Can Velocity country resolution help in adhering to the AML compliance?
Yes, velocity CR helps in AML compliance by properly identifying customers and transactions.
How does Velocity process country resolutions?
Velocity starts with processing all individual records to resolve the country column. It uses fuzzy matching to normalize the city, state, postal code, and country name. It then cross-verifies with...
Is it safe to file 314 FinCEN reports through Velocity?
Yes, role-based access to account information and transaction data offered with Velocity ensures unmatched confidentiality while reporting to FinCEN.
Does Velocity allow users to track and manage all the 314 files reported by the organization to FinCEN?
Yes, Velocity’s built-in user workbench and dashboards enable higher management to keep track of each 314 requests.

Most popular articles

Is it safe to file 314 FinCEN reports through Velocity?
Can Velocity analyze transaction data to identify potential money laundering activities?
Can Velocity facilitate CTR Reporting?

Newest articles

How Velocity’s fraud detection module prevents scam?
Does Velocity provide real-time fraud detection?
What extra benefits does Velocity’s fraud detection module provide?