G.TION and Anti Money Laundering regulations in Italy

SoftPotential Ltd has just deployed a brand new module for the compliance of Money Transfer transactions for the Italian market, that requires the scan of IDs of customers making transactions.

This is a module on top of our Anti Money Laundering (AML) engine, which monitors and streamlines the operations for Sigue Money Transfer www.sigue.com.

This was a very challenging project, due to the inherent technical complexities and the risk to the slowdown of the workflow at the agency site.

We are happy to report that the adoption of the new AML module has been smooth and that the agents started to use the scanners due to the new legal requirements, without issues and at the same speed and efficiency they were used to.