Penneo KYC

Penneo KYC is designed for AML compliance and adaptability, and accommodates specific compliance needs and local regulations by digitising the client onboarding processes. Continuous monitoring is included in the core product offering and happens automatically without any additional cost. Penneo KYC ensures notifications when org structures, board of directors, and UBOs change, gives you the opportunity to set expiration dates for collected IDs and get notified when an expiration date approaches to request new documentation, and the activity log records all actions performed on a case, including monitoring for sanction and PEP lists, creating a detailed digital trail for reporting purposes