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Best KYC & AML Providers in Mexico

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Compliance with KYC and AML regulations is a critical part of doing business in Mexico’s booming financial sector. We combed the market to identify leading providers, software tools, and service solutions to help companies achieve and maintain regulatory compliance.

The Mexico AML market is expected to reach $159.1M in size by 2030 and the number of local fintech startups alone has grown to 773 in 2024, with new companies popping up all the time. Navigating this growing landscape can be overwhelming, which is why we’ve curated a list of vendors that includes both global KYC software vendors and Mexico based service providers to give you a wide range of options and solutions for identity verification and AML compliance.

Expect to find a number of cutting-edge features in these offerings, beyond basic customer identification, document verification, and watchlist screening services. This includes automated identity verification and authentication software, biometric ID and document authentication, real-time PEP screening, and even highly specialized AML services such as risk profiling, high-risk client identification, and real-time sanction list monitoring and filtering.

For example, you’ll find one solution offering next-generation AML screening powered by advanced PEP identification and real-time sanction list updates. While vendors have their differences, we look for platforms that can seamlessly integrate with your business and scale with your growth, whether that’s a lean KYC solution that will help a small fintech startup just entering the market, or an all-in-one AML compliance solution that can be integrated with a large financial institution.

Key features to look for include:

  • KYC identity verification software and APIs for passports, driving licenses, and more
  • AML screening services, including real-time transaction monitoring
  • Local compliance built into the solution (CNBV, Fintech Law, etc.)
  • Software and white-label service offerings that are scalable with your growth, and integrate easily via API

Most companies need a mix of technology and human services to fully cover their KYC and AML bases, and we lay out each solution in detail to help you find the best fit for your business. Browse through our list of KYC and AML solutions based in Mexico, and get started with the due diligence process to find the right solution for your business. We know compliance isn’t sexy, but the right KYC/AML solution is the safety net your business deserves.