Singapore 19-11-2024 – AsiaVerify, a leader in business verification across the Asia-Pacific, is pleased to announce its partnership with M-DAQ Global to power CheckGPT(™), a pioneering AI-powered technology that streamlines Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) compliance.
Through this collaboration, AsiaVerify provides CheckGPT(™) with best-in-class data and insights on corporations, directors and shareholders across Asia. This ensures clients receive the most up-to-date information thoroughly screened by CheckGPT(™), developed by M-DAQ Global, against AML lists for added assurance. CheckGPT(™) is a powerful, AI-driven compliance solution designed to help organisations meet rigorous global AML/CFT standards with ease. Capable of processing data up to 30 times faster than human analysts, CheckGPT(™) offers scalable compliance solutions that save both time and resources, enhancing risk management for businesses of all sizes.
“We’re honoured to partner AsiaVerify in our journey to enhance our onboarding services,” said Andrew Marchen, GM, Payments of M-DAQ Global and Co-founder, Wallex, “Through this partnership, we’re able to overcome onboarding challenges and work together towards an improved solution to empower worldwide businesses to manage compliance seamlessly and confidently.”
With AsiaVerify’s Know Your Business (KYB) and Ultimate Beneficial Ownership (UBO) intelligence feeding into CheckGPT(™)’s advanced technology, clients can transform the way they verify and onboard entities across Asia, with the confidence of knowing exactly who they’re doing business with.
“We’re thrilled to be CheckGPT(™)’s key partner in delivering high-quality, real-time KYB and UBO data to power seamless, secure compliance processes,” said Leas Bachatene, CEO. “This partnership strengthens AsiaVerify’s mission to support informed decision-making and risk management in a region known for its rapid innovation and growth.”
About M-DAQ Global
M-DAQ Global is a pioneering fintech group specialising in foreign exchange (FX) & payment solutions that facilitate seamless cross-border transactions for businesses worldwide. Their proprietary technology empowers both large enterprises and SMEs to navigate international trade with FX clarity, certainty and payment mobility.
Headquartered in Singapore with an expanding presence across 7 countries and territories, M-DAQ Global provides a comprehensive suite of FX, collections, and payment solutions, as well as value-added services such as AI-driven KYB onboarding and enhanced risk management solutions, enabling businesses to transact across borders with ease amidst evolving needs.
For more information, please visit the M-DAQ website.
About AsiaVerify
Headquartered in Singapore, AsiaVerify offers a best-in-class business verification platform, providing access to data on 344 million entities and 2.9 billion individuals across 13 jurisdictions in the Asia-Pacific. Information is sourced directly from official government registries and instantly translated for seamless use.
AsiaVerify’s technology simplifies KYB, UBO, KYC and AML compliance, enabling clients to make informed decisions and onboard new partners swiftly and confidently.
Clients benefit from accurate, real-time information that enhances compliance, mitigates risk and unlocks growth opportunities across the region.
For more information, please visit the AsiaVerify website.
