Compliance Accelerated

Ep 3 - Three Billion Dollars: The Biggest Bank Fine in US History

This episode of Compliance Accelerated explores a significant financial scandal involving TD Bank, focusing on its failure to prevent money laundering, resulting in a record-breaking $3 billion fine in U.S. banking history.

Compliance Accelerated Featured

Ep 2: Is regulation still playing catch up with financial innovation?

Compliance and AML history0:00/473.5659411× Compliance Accelerated is a podcast about the future of compliance and risk in banking and fintech. It is completely generated by AI using Google's NotebookLM and edited by our team at Parcha. In this episode of Compliance Accelerated by Parcha AI,

Product Updates

Product Spotlight: AI-Powered Audit Logs

Transparency unlocks AI in fintech At Parcha, we understand the challenges that traditional machine learning models pose for fintech compliance. Today, we're excited to explain one of our foundational capabilities: AI-Powered Audit Logs. Audit Logs underpin every interaction between Parcha and end users: addressing the longstanding issue of

Compliance Accelerated Featured

Ep 1: The Future of AI in Banking Risk and Compliance

Ep1: The future of AI in banking compliance and risk0:00/705.7428571× Compliance Accelerated is a podcast about the future of compliance and risk in banking and fintech. It is completely generated by AI using Google's NotebookLM and edited by our team at Parcha. In this episode,

Product Updates

Product Spotlight: Sanctions & Watchlists

Target the Ballooning Problem of False Positives with AI-Powered Precision Global events are changing rapidly, and top fintech companies are struggling to keep up with the growing instability in different regions. The conflict between Russia and Ukraine led to the introduction of 11,097 new sanctions in 2022. In 2023,

Product Updates

Product Spotlight: Adverse Media Screening

Today, we're excited to drill down on Adverse Media Screening that uses advanced AI to synthesize millions of online media sources to determine the risk-level of onboarding new clients.

Product Updates

Product Spotlight: Intelligent Screening for Politically Exposed Persons

Identifying Politically Exposed Persons (PEPs) is crucial for customer due diligence, yet the process is riddled with inefficiencies. Parcha's Intelligent PEP Screening leverages cutting-edge AI to transform this process.

Product Updates

Product Spotlight: Verify Physical Addresses with Documents

Authenticate and verify business addresses in seconds At Parcha, we're constantly innovating to solve the most pressing challenges faced by fintechs and banks in their onboarding processes. Today, we're excited to spotlight a feature that’s recently caught more attention in our demos: Verify Physical Address

Product Updates

Product Spotlight: Verify Ultimate Business Ownership in minutes

At Parcha, we're constantly innovating to solve the most pressing challenges faced by fintechs and banks in the onboarding process. Today, we're thrilled to share our latest spotlight: AI-Powered Business Ownership Verification. This cutting-edge solution is set to revolutionize how financial institutions handle the complex task

Product Updates Featured

Comprehensive Business Due Diligence in Minutes

AI-Powered Compliance Reports for banks and fintechs

Product Spotlight: Reduce Exposure to High-Risk Industries

At Parcha, we're constantly innovating to help fintechs and banks streamline their operations while maintaining robust compliance. Today, we're excited to highlight one of our features: AI-Powered High-Risk Industry Screening. The Problem Balancing Growth with Risk Management In the fast-paced world of fintech, onboarding new businesses

Product Updates

Product Spotlight: Detect High-Risk Countries

Parcha's AI is able to quickly and accurately identify if a business is operating in a high-risk country by scanning their website and online presence.

Product Updates

Product Spotlight: Automated Merchant Code Classification

Parcha's AI is able to quickly and accurately identify a merchant's MCC by scanning their website and online presence.

Product Updates Featured

Accelerate Business Onboarding with Real-Time Document Remediation

At Parcha, we're always searching for those 'ah-ha' solutions to the most significant challenges fintechs and banks face. Today, we're excited to introduce our latest breakthrough: Real-Time Document Remediation. This AI-driven feature is set to revolutionize how fintechs handle document verification during customer onboarding.

Parcha's Guide to AI

The AI Pricing Revolution

Why SaaS is Shifting to Usage-Based Models

Parcha's Guide to AI

Agents aren’t all you need

Lessons from Parcha's Journey automating compliance workflows using AI and why autonomous agents aren’t always the best solution

Customer Stories

Bancoli accelerates onboarding with Parcha

Bancoli achieves 10x faster compliance reviews with 95% accuracy live in less than 90 days

Scaling Fintech

A framework for automating KYC/KYB for fast-growing fintechs

It’s common for startups to start with human-in-the-loop risk management processes to get to market quickly, but as a new product or feature gains traction, these manual processes can soon become a bottleneck to growth.

Product Updates

Approve more customers faster, with stronger compliance using Parcha

Parcha’s AI KYB and KYC solution for global banks and fintechs approves more customers faster, with stronger compliance.

Parcha's Guide to AI

Interview: Scaling AI Agents for Real-World Tasks with AJ Asver, CEO of Parcha

A recent interview AJ Asver did with Brett Gibson on his podcast High Bit on the experience of bringing AI agents into production

Parcha's Guide to AI

Building AI agents in production

What we've built so far, lessons learned, and what's next

Parcha Raises $5M to intelligently automate compliance and operations

Introducing Parcha In 2020, we led the Platform Team at Brex and were given the challenge of scaling the customer base 10X in a year by making onboarding, compliance, risk management and underwriting more automated. Despite 200+ people working on this problem there were still many workflows that required humans

Podcast

Interview: Supercharging your team with Coda AI | David Kossnick

A deep dive into Coda's new AI features with David Kossnick, PM @ Coda

Why we founded Parcha

A deeper dive into why we're building AI agents to supercharge compliance and operations teams in fintech at Parcha

Podcast

Interview: Human-level AI and AI Agents with Josh Albrecht, CTO of Generally Intelligent

An interview with Josh Albrecht, founder of Generally Intelligent and Outset Capital