Parcha
Parcha offers an AI-driven compliance solution that analyzes documents, conducts business research, screens entities, and addresses compliance issues swiftly. By accelerating due diligence processes, Parcha ensures businesses can approve customers faster while maintaining robust compliance measures. This innovative platform enhances operational efficiency and supports growth without compromising on risk management.
Parcha Key Features
- AI-powered compliance reports
- API and integration support
- Adverse media analysis
- Automated Merchant Category Code selection
- Customizable compliance workflows
- Global Tax Identification Number validation
- Government ID verification
- High risk country and industry checks
- Ownership verification
- Politically Exposed Persons (PEP) checks
- Proof of address validation
- Real-time analytics
- Sanctions and watchlist filtering
- Verification of incorporation documents in over 60 languages
Parcha Use Cases
- Business due diligence
- Customer verification
- Fraud prevention
- Onboarding compliance checks
- Operational efficiency improvement
- Regulatory compliance
- Risk assessment
