London, 8 April 2025 – First AML, a leading provider of an all-in-one anti-money laundering (AML) platform, has announced a strategic partnership with Know Your Customer, a global leader in business verification solutions. The collaboration brings together two best-in-class technologies to further enhance Know Your Business (KYB), KYC and AML processes for financial institutions and other regulated businesses worldwide.
Through this partnership, First AML has embedded Know Your Customer’s capabilities directly into its platform, Source, giving customers access to real-time company registry data from over 140 jurisdictions. This means seamless corporate structure verification, instant access to official company documents and automatic unwrapping of complex beneficial ownership information – all without users needing to leave Source or adopt additional tools.
”This partnership enhances what our customers already experience through Source. By embedding Know Your Customer’s registry technology, we’ve strengthened our ability to automate KYB at scale, without adding complexity. It removes manual, fragmented steps from business verification, making onboarding faster, insights deeper and compliance more robust for firms operating across borders.
Bion BehdinCRO and Co-Founder of First AML
The integration supports businesses facing the increasing demands of cross-border compliance and regulatory scrutiny. With this enhanced capability built into the platform, compliance teams can manage international entity verification more easily, apply consistent standards and spend less time manually sourcing corporate data.
”We are excited to work closely with First AML to provide financial and regulated businesses with a comprehensive business verification solution. Our robust expertise and expansive access to company registries worldwide, coupled with First AML's innovative technology, will empower financial organisations to establish tailored business compliance rules that align seamlessly with their risk appetite and operational requirements.
Claus ChristensenCEO & Co-Founder at Know Your Customer Limited
The combined solution is particularly suited to financial services, legal and professional services firms operating across multiple jurisdictions. By streamlining onboarding and monitoring workflows, the integration helps businesses move faster while maintaining full compliance with evolving regulatory standards.
With global financial crime becoming more sophisticated and regulations tightening, this partnership is a timely step forward in equipping compliance teams with tools that are both powerful and practical.
First AML is the name behind Source, an all-in-one AML platform. Their experience is not just as a technology provider, but also as compliance professionals.
Prior to releasing Source, they processed over 2,000,000 AML cases themselves so understanding the acute problems that firms face these days is in their DNA.
First AML powers thousands of compliance experts around the globe to reduce the time and cost burden of complex and international entity KYC. Their enterprise-wide, long term approach to the CDD data lifecycle addresses time and cost challenges while improving the customer experience and minimising reputational and security risks.
Know Your Customer is an award-winning RegTech company specialised in next-generation business verification solutions for financial institutions and regulated organisations worldwide.
For teams struggling with inefficient client due diligence and onboarding processes, Know Your Customer offers an intuitive digital compliance workspace that combines unmatched real-time registry data, covering over 140 countries, seamless integrations, and AI-powered smart automation. This streamlined approach transforms the compliance function at its core, allowing clients to customise their solutions by selecting only the functionalities they need, all accessible via a robust REST API.
Founded in Hong Kong in 2015, with a local presence in Singapore, Kuala Lumpur, Dublin, London, and Shanghai, Know Your Customer has built a global customer base across 11 verticals and 18 jurisdictions. The company also maintains a wide network of technology and data partners, ensuring high-quality entity data and enhanced compliance processes for its clients.
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