Youverify, a leading provider of AML compliance automation solutions, has once again been honoured with the GRC and Fincrime Award 2024 for the Best GRC and Financial Crime Prevention Solution Provider.
Youverify's Victory at GRC and Fincrime Award
This marks Youverify’s third consecutive recognition in this category by The Morgans, establishing its position as a key player and leader in the fight against financial crime.
Company's Innovative Approaches
In a fiercely competitive field and an era of rapid digital transformation, Youverify distinguished itself through its innovative use of machine learning, explainable AI, and real-time monitoring to tackle AML compliance and fraud prevention challenges.
Impact on Financial Sector
Youverify's solutions empower over a thousand financial institutions, including banks and fintechs, to seamlessly onboard customers and conduct ongoing compliance checks. Dr. Gbenga Odegbami, CEO of Youverify, expressed pride in this achievement: 'Winning this award for the third consecutive year is a testament to our unwavering commitment to excellence.'
The award highlights Youverify's significant role in transforming the compliance landscape across Africa, enabling financial institutions to properly classify customers based on risk levels and stay compliant across jurisdictions.
