The solution to your
compliance challenges
Beam provides a complete platform that lets you monitor transactions, detect suspicious activity, manage investigations, and file suspicious activity reports
Trusted by:
Built by experts to empower your compliance team
Designed by industry experts with deep experience in compliance, regulatory affairs, machine learning, and data science, Beam streamlines your compliance process and helps you maximize the value of your institution’s compliance resources.
Transaction monitoring
The best AML transaction monitoring solution in the cloud.
Superior monitoring for your peace of mind- Higher catch rates and fewer false positives
- State-of-the-art machine learning
- Detect suspicious activity on an individual level and compared to a peer group
James Ford had 7 transactions over 4 days that were just below a $10K reporting threshold. This may indicate structuring for money laundering or tax evasion purposes. Additionally, some transactions involve a counterparty in a high risk location (Colombia).
Users Eddie Gregory and David Thompson have transacted with each other an unusually high number of times. This indicates Pairing, which can indicate money laundering.
New customer Viktor Yanukovich has matched with an entry on an OFAC sanctions list with a match score of 89
Investigation & case management
Beam streamlines the process of investigating suspicious activity by integrating powerful tools with a modern, intuitive workflow.
- Designed by compliance experts
- Collaborative, role-based workflow
- Advanced search and investigation tools
- Full audit history
Know your customer
Satisfy regulatory requirements with superior risk assessment.
- Uses the top identity verification providers
- Previously untapped social, mobile, and geographic data give deeper insights
- Advanced analysis builds a full digital identity
- Robust cross-checking means high-confidence scoring
Suspicious activity reporting
Beam provides a streamlined, fully integrated approach to creating and filing SARs and other types of suspicious activity reports.
- Auto-generated narrative
- Friendly form with pre-filled fields
- Direct filing with FinCEN
- Scheduled batches
Why Beam?
When it comes to AML transaction monitoring and customer screening, Beam checks all the boxes.
Built by industry experts
Beam's staff has deep experience with regulatory compliance, data science, AI/machine learning, and cloud-based engineering. We understand your day-to-day compliance challenges first-hand, and we are on a mission to make your life easier.
We believe in compliance for everyone
We want to help companies of all sizes join us in the fight against financial crimes. We provide a low-cost, zero-maintenance solution for fintechs and other companies who are just getting started with compliance.
We are laser focused
Unlike vendors who bolt a compliance solution onto their risk/fraud platform, we built our compliance platform from the ground up to create the best cloud-based AML and customer screening solution on the market.
Learn more about why Beam is the best choice for your compliance team
Industries
Compliance for fintechs
Beam’s cloud offering provides a secure, ready-to-use compliance solution without the IT overhead.
Compliance for payment platforms
Beam minimizes your risk of large penalties and bad publicity for substantially less cost.
Compliance for banks
Beam’s models take the results of analysts’ investigations in a feedback loop to continually learn from new findings, leading to significantly fewer false positives.
Compliance for community banks
Enhance your current compliance solutions by integrating Beam without complete software replacement.
Compliance for credit unions
Beam uses online sources to enrich your data and flag suspicious activity, such as verifying that a member's stated profession matches their social media profiles.
Compliance for securities
Beam’s superior detection software adaptively searches for abnormal trends and activity, such as wash trading, flow-through, penny stocks, and high-risk transfers.
Compliance for cryptocurrencies
Stay ahead of the competition and make compliance an advantage, not a liability.
Compliance for everyone
From newly funded startups to global banks, the Beam platform has everything your firm needs to fulfill its compliance obligations and maximize productivity. All our products are built on the same zero-maintenance SaaS platform, so your Beam solution grows with you--no downtime or re-training needed.
Emerging
The perfect solution for startups. Beam Emerging includes all the core functionality you need, including transaction monitoring, sanctions/watchlist screening, case management, and regulatory reporting, all for a low monthly fee.
Express
Ideal for fintechs and other rising companies, Beam Express offers more functionality including direct SAR filing with FinCEN, identity verification, custom data sources, and greater configurability.
Enterprise
The most powerful and accurate SaaS compliance solution on the market. Beam Enterprise provides advanced compliance features, customizability, and premium support while still costing much less than legacy systems.
Ready to learn more?
