Best KYC & AML Providers in Peru
KYC and AML software solutions in Peru may come from providers with a regional or local focus, as well as global providers that offer services internationally. Peru-based providers may be more familiar with regulatory processes and reporting structures, local databases and document types, and other factors that could impact KYC/AML software functions in Peru.
International solutions also often have components and features that may be targeted toward the needs of Peru, such as database integrations that can help ensure banks and fintechs are compliant with the regulatory agencies, such as SBS and FIU.
KYC/AML Solution Types for Peru
Providers in Peru that serve banks, corporations, and other financial institutions and offer enterprise-level B2B solutions may have full-suite compliance platforms that include customer onboarding, identity verification, document verification, transaction monitoring, and other KYC and AML capabilities.
These platforms often include risk assessment tools and reporting features that can help financial institutions better manage and maintain a compliant customer onboarding program. Providers that specifically focus on solutions for fintechs may offer lighter-weight, API-first software that can help fintechs onboard and KYC customers quickly and efficiently, while also using strong security tools to manage fraud risk.
KYC and AML providers also exist for crypto-related businesses, including crypto exchanges that operate in Peru. Providers that specialize in cryptocurrency exchanges offer similar capabilities as fintech solutions, while also offering specialized solutions for onboarding customers on crypto exchanges. This could include biometric verification and blockchain analysis and monitoring.
