M-DAQ Global partners AsiaVerify on CheckGPT™, an AI-driven compliance solution

[19 November 2024, Singapore] - M-DAQ Global, a leading fintech group, is pleased to announce its partnership with AsiaVerify to power CheckGPT™, a pioneering AI-powered technology that streamlines Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) compliance.

Through this collaboration, AsiaVerify provides CheckGPT™ with best-in-class data and insights on corporations, directors and shareholders across Asia. This ensures clients receive the most up-to-date information thoroughly screened by CheckGPT™, developed by M-DAQ Global, against AML lists for added assurance. CheckGPT™ is a powerful, AI-driven compliance solution designed to help organisations meet rigorous global AML/CFT standards with ease. Capable of processing data up to 30 times faster than human analysts, CheckGPT™ offers scalable compliance solutions that save both time and resources, enhancing risk management for businesses of all sizes.

“We’re honoured to partner AsiaVerify in our journey to enhance our onboarding services,” said Andrew Marchen, GM, Payments of M-DAQ Global and Co-founder, Wallex, “Through this partnership, we’re able to overcome onboarding challenges and work together towards an improved solution to empower worldwide businesses to manage compliance seamlessly and confidently.”

With AsiaVerify’s Know Your Business (KYB) and Ultimate Beneficial Ownership (UBO) intelligence feeding into CheckGPT™’s advanced technology, clients can transform the way they verify and onboard entities across Asia, with the confidence of knowing exactly who they’re doing business with.

"We’re thrilled to be CheckGPT™’s key partner in delivering high-quality, real-time KYB and UBO data to power seamless, secure compliance processes,” said Leas Bachatene, CEO. “This partnership strengthens AsiaVerify’s mission to support informed decision-making and risk management in a region known for its rapid innovation and growth.”

---

About AsiaVerify

Headquartered in Singapore, AsiaVerify offers a best-in-class business verification platform, providing access to data on 344 million entities and 2.9 billion individuals across 13 jurisdictions in the Asia-Pacific. Information is sourced directly from official government registries and instantly translated for seamless use.

AsiaVerify’s technology simplifies KYB, UBO, KYC and AML compliance, enabling clients to make informed decisions and onboard new partners swiftly and confidently.

Clients benefit from accurate, real-time information that enhances compliance, mitigates risk and unlocks growth opportunities across the region.