Fintel is a cloud-based solution that can be used alongside your existing systems with minimal impact on IT and operational risk management processes. Leveraging the common directory of financial institution representatives contained in the PATRIOT Act, Fintel sets a new standard for private, secure communication and compliance when it matters most.
Terrorism, fraud, money laundering and cyber threats impact financial institutions of all sizes and types. Existing systems deal with many of these issues, but communication between institutions is one of the keys to effectively managing these risks. Introducing Fintel – a new solution to identify, track and resolve these illegal transactions. Fintel also helps anti-fraud and compliance departments conduct due diligence and file more comprehensive and complete Suspicious Activity Reports (SARs). Engineered to leverage the “Safe Harbor” provision of section 314(b) of the USA PATRIOT Act, Fintel provides institutions with the ability to share information with one another in a structured, secure and legally compliant way.