Fincom

Fincom, founded in 2018 and headquartered in Israel, is revolutionizing the banking sector with its advanced technologies. As a key player in AI, Finance, Financial Services, Fintech, and Insurance industries, Fincom's slogan, "Modernizing Banking Technologies: Real Time AML Sanction Screening & Multilingual Entity Resolution", succinctly captures its innovative approach.

Fincom has developed an unparalleled AML Screening Solution which has been proven to cut operational costs and false positive alerts by 90% in US banks. This solution, supported by a sophisticated case management system, covers all banking verticals, enhancing compliance significantly. The crux of Fincom’s offering lies in its proprietary core technology for Entity Resolution, which efficiently processes multilingual databases using patented phonetic fingerprint technology capable of accurate matches across various languages and formats.

Recent financial backing included a $2.00M Series A investment on 01 March 2023 from ff Venture Capital and AnD Ventures, indicating strong investor confidence in Fincom’s disruptive technology and future growth potential.