APT Systems, Inc. Announces Testing Phase Begins for KYC and AML Connectivity by Verifundr
October 25, 2018 at 07:30 pm IST
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APT Systems, Inc. announced it has begun testing its new KYC and AML (Anti-Money Laundering) system and reports, to ensure its compliance with regulators. Cutting edge solutions like the ‘instant identity feature’ are delivered electronically and incorporate data designed to mitigate potential risks around and for members and vendors. Verifundr instant electronic identity covers four key areas and is backed with intelligent due diligence processing: Member Acceptance Policies; Member Accreditation Procedure; Monitoring of Transactions; and Risk Management and Reporting. Advanced analytic solutions significantly improve screening processes that are the mainstay of trusted financial ecosystem which management is committed to create and sustain. One can use software to help accredit members by using parameters that include sources of funds and business interests. KYC and AML also serve as a check and balance for the private exchange that accepts fiat currency, converts US dollars to Spera digital dollars, which can be stored or used for escrow, payments, and related activities.
APT Systems, Inc. is a fintech company, which is focused on stock trading platforms and visualization solutions for the financial markets for delivery on handheld devices. The Company specializes in the creation of financial platforms and developing payment services to support Verifundr, an escrow platform, along with research tools for traders of all types, with a focus on gatekeeper and data protection functionality. It employs Blockchain distributed ledger technology to enhance transparency in its data management, create smart contracts, and help to reduce fraud in its various forms. It also maintains charting indicators and applications under the brand KenCharts that it intend to expand into tracking cryptocurrencies as well as the traditional equities markets on its Intuitrader platform. It is also developing credentials for verifying and reporting on an accredited investorâs status that are useful in fund-raising undertakings and then managed in escrow.
APT SYSTEMS, INC. 
