Mopso

Mopso is a B2B regtech startup that develops two solutions to help banks and other financial institutions to address anti-money laundering regulations, Brain and Amlet. Brain is a risk assessment tool that helps banks find suspicious transactions and clusters of risky customers. Amlet makes do diligence data "portable" and reusable within an ecosystem of intermediaries, simplifying the onboarding process.

TEAM NAMES, ROLES AND COMPANY CONTACT

Andrea Danielli, CEO and Founder | Leonardo Longhi, Co-Manager and head of R&D

Mopso offers a software platform to improve the anti-money laundering process of any financial institution. With the use of semantic web technologies and web 3.o, it handles the customers checks during the continuous relationship. The companys mission is to reduce the impact that organized crime has on millions of citizens.

Elevator Pitch

We believe that a good AML function is an enabler also for the business: fewer churn customers, and the possibility to easily cross-sell. Using the Mopso platform will positively impact FI’s organization, reducing boring routines, saving on human resources while giving a powerful tool to AML analysts.

Problem Solved

Any Financial Institution (FI) and Real Estate must check customers’ identity to accomplish the AML rules in order to provide any type of product or service. The efforts required by the Customer Due Diligence (CDD) activities cause high costs, waste of time, risk of sanctions and friction with customers. In particular, when a customer is opening a bank account, or is asking for a credit card, she has to fill out a lot of papers about herself, and present her personal credentials, losing a lot of time and abandoning, very often, the process. After having collected all the needed information, FIs need to manage an ongoing monitoring, analyzing customers’ behaviors during time: the actual software solutions implied in this task are not effective as they cause too many false positives and useless alerts.

Solution/Technology

Mopso checks and verifies personal information, creates a standard to exchange and share them between financial institutions, and relies on decentralized digital identity to store all the data in a safe and secure way. It makes customer due diligence data portable.Through the use of a knowledge graph, Mopso is then able to integrate large volumes of data from multiple sources, including internal databases, third party datasets (for example the business registry), and Open Source INTelligence (OSINT) resources. Anti-money laundering analysts thus have a single space, empowered by Mopso’s algorithms, where they can synthesize customer information along with third-party data and assess risks in real time with the help of artificial intelligence.

Market Size

We estimate a TAM of $52 Billion

Website

 http://Mopso | Anti money laundering

 

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