Beam Express: Powerful Compliance for Growing Fintechs and Platforms

Beam Express: Powerful Compliance for Growing Fintechs and Platforms

We are thrilled to introduce Beam Express, a highly secure, full-stack compliance solution built and priced to support new and emerging compliance programs and teams. “Before now, there wasn’t anything on the market purpose-built for modern fintechs, platform economy companies, challenger banks, cryptocurrency firms and emerging payment providers,” said Ben Duranske, CEO of Beam. “Beam has built a toolkit for these amazing companies so they can solve for compliance quickly and economically, and stay focused on changing the financial world.”

Compliance for everyone

Any firm that handles financial transactions is a potential target for money laundering, terrorist financing, human trafficking and other criminal activity. But companies often don’t think about compliance until they realize they’re violating the law or find themselves caught in a storm of bad publicity for playing an unwitting role in supporting criminals. Beam Express lets fintechs and other emerging technology companies implement a financial services compliance solution right away — at a fraction of the cost of legacy systems.

Fight crime, not software

Beam Express was created by compliance experts to provide an intuitive, easy-to-use dashboard that streamlines transaction monitoring and case management. Its powerful tools help teams investigate more effectively with intelligent data aggregation and a collaborative workflow, dramatically reducing case review time.

Feature rich

“Beam Express is a highly secure, cloud-based solution that is packed with features,” notes Andreas Bayer, CTO of Beam. “It includes Beam’s ground-breaking narrative assistant that helps build the case report for you. And it harnesses social media sources to enrich your data, enabling your team to focus on the real criminal activity with significantly fewer false positives. If you need a streamlined yet robust solution to empower your compliance team, Beam Express is the answer.”

A fully scalable suite that grows along with you

As your company grows, Beam’s got you covered. When you need unlimited transaction monitoring, customizability, premium data sources, and even more functionality for your compliance team, you can easily upgrade to Beam Enterprise with no downtime or retraining.

Request a demo to learn how Beam can transform compliance in your organization.

About Beam

Beam provides secure, accurate, and easy-to-use solutions for fintechs, banks, broker-dealers, entities using blockchain, and other regulated financial groups who need to comply with anti-money laundering (AML) regulations. Our cloud-based SaaS solution evaluates transactions, accounts, parties, and other data points to identify suspicious activity in order to help organizations meet their obligations in transaction monitoring, know-your-customer (KYC), sanctions list screening, and regulatory reporting such as suspicious activity reports (SARs). We leverage external data sources and machine learning to maximize the effectiveness and efficiency of the compliance process, and we provide an intuitive case management tool that facilitates investigations by providing workflow, data exploration, documentation, dashboarding, and automated report filing.

Beam’s mission is to make the financial system safer by applying creative technological innovation to the detection and reporting of suspicious activity including money laundering, terrorism, and human trafficking. We help our partners go beyond satisfying government requirements to minimize reputational risk, increase operational efficiency, and genuinely address harmful activity.