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AccendAccend accelerates onboarding and KYC reviews for fintechs and banks

Accend is a step-by-step guided workflow for Ops & Compliance teams to accelerate and automate manual reviews. Growing B2B Fintechs and BaaS providers continuously face the challenge of inefficiency and low quality output. Accend helps Ops professionals by automatically (i) doing online searches and (ii) generating regulatory reports like CDD/EDD, thereby saving hours per manual process, such as KYB applications, Disputes, Transaction Monitoring, etc. Accend Founders previously led Engineering and Product for Risk at Brex where they saw this problem firsthand while working with Risk Ops & Compliance folks on a daily basis.

2023-08-09
Active
Early
S23
3
Fintech
Unspecified
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Accend - Accelerate Business Onboarding

Introduction

Accend is a cutting-edge platform designed to streamline business onboarding, underwriting, and compliance processes. By leveraging advanced AI and automation, Accend helps organizations conduct extensive online research, gain real-time industry risk insights, and efficiently extract data from financial documents.

Key Features

  • Automated Web Search: Conduct comprehensive online research without juggling multiple browser tabs.
  • Industry Risk Intelligence: Gain real-time insights into business and industry risks with a customizable AI model.
  • Document Intelligence: Manage and analyze document requests with AI-powered tools for collection, classification, and analysis.
  • PEP & Sanctions Check: Ensure compliance with automated checks for politically exposed persons and sanctions.
  • Adverse Media Monitoring: Stay informed about potential risks with real-time adverse media alerts.
  • Address Verification: Verify business addresses quickly and accurately.
  • Automated Report Drafting: Generate detailed reports automatically, saving time and reducing manual effort.

Use Cases

  • Onboarding: Accelerate customer onboarding processes with automated business nature and industry risk verification.
  • Underwriting: Enhance underwriting decisions with real-time risk intelligence and financial document analysis.
  • Risk and Compliance: Empower risk and compliance teams to make smarter, faster decisions with comprehensive data and insights.

Pricing

Accend offers flexible pricing plans tailored to meet the needs of businesses of all sizes. Contact us for a customized quote based on your specific requirements.

Teams

Accend is designed to support various teams within an organization:

  • Risk and Compliance Teams: Automate extensive online research and gain intelligent insights into industry risks.
  • Onboarding Teams: Streamline the onboarding process with automated data extraction and verification.
  • Underwriting Teams: Improve underwriting accuracy with real-time risk intelligence and document analysis.

Accend is trusted by industry leaders to enhance efficiency, reduce manual effort, and provide superior customer experiences. Scale your onboarding and compliance processes with Accend's powerful AI-driven solutions.