Pan-American Life Insurance Group Strengthens Customer Trust with Enhanced Risk Management Capabilities from Fiserv
Comprehensive platform streamlines AML compliance and risk management processes in multiple countries
Life insurers must be diligent with an effective AML program as they, like other financial service providers, are susceptible to activities used to disguise illegal funds. PALIG sought a provider with insurance industry expertise, a global footprint, and flexibility to help streamline AML compliance and fraud and risk management processes. The company selected
PALIG is initially deploying the
āEffective risk management is an important part of how we do business,ā said
AML Risk Manager from
āFiserv provides solutions and expertise to help our clients protect against complex money laundering schemes as well as the financial and reputational risk of non-compliance,ā said
In a world moving faster than ever before,
Additional Resources
- Fiserv Earns 'XCelent Service' Award for Watchlist Screening -- fisv.co/XCelentWL
- AML Risk Manager for Life Insurance ā fisv.co/AMLlifeinsurance
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