Verify the Borrower. Protect the Portfolio.
Mortgage lenders, fintech lenders, credit unions, BNPL providers, and student loan servicers all face AML/KYC obligations. Sentinel™ delivers the KYC and sanctions screening your lending compliance program requires.
Lending Is a Classic Placement and Layering Vehicle
Loans, particularly mortgage loans and cash-out refinances, are used to place and layer illicit funds. Shell companies and straw borrowers obscure true ownership. Fintech lenders operating at speed face the same BSA obligations as traditional banks with far leaner compliance teams.
Sentinel™ provides lenders with real-time KYC at loan origination, beneficial ownership checks for corporate borrowers, sanctions and PEP screening, and continuous monitoring throughout the loan term.
Good Tip from Oscar
"The straw borrower is a classic for a reason. A clean individual takes out a large mortgage on behalf of someone who can't. The property gets refinanced. The dirty money comes back clean. Screen the borrower. Screen the beneficial owner of the entity. Screen both."
Key AML/KYC Regulations Sentinel™ Helps You Meet
BSA / FinCEN
Non-bank residential mortgage lenders and originators are subject to BSA requirements including SAR filing, AML program maintenance, and KYC at loan origination.
CFPB / HMDA Compliance
CFPB oversight of lending practices intersects with AML obligations. Accurate borrower identity and risk data are required.
OFAC Sanctions
Lenders must screen all borrowers and co-borrowers against OFAC's SDN list prior to loan origination and at servicing milestones.
EU Consumer Credit Directive / AMLA
EU lenders are obligated entities under the AML Directives. AMLA's unified rulebook applies to cross-border lending entities.
FCA / MLRs 2017
FCA-authorised lenders must comply with MLRs 2017, conduct CDD on borrowers, screen for PEPs and sanctions, and maintain AML programs.
FINTRAC / PCMLTFA
Mortgage lenders and brokers in Canada are reporting entities under the PCMLTFA.
AUSTRAC / NCCP Act
Australian credit providers must comply with AUSTRAC AML/CTF obligations alongside ASIC's National Consumer Credit Protection Act requirements.
FATF Mortgage & Real Estate Lending
FATF identifies mortgage lending as a high-risk sector. Risk-based borrower due diligence and beneficial ownership verification are recommended globally.
Everything Your AML/KYC Compliance Team Needs
Lowest False Positive Rate
Secondary matching criteria date of birth, citizenship, address eliminate erroneous alerts before they reach your team. Your analysts focus on real risk.
Continuous Customer Monitoring
Your full customer portfolio is automatically re-screened when watchlists update. No manual batch jobs. No compliance gaps between periodic reviews.
Un-editable Audit Logs
Every decision, every alert, every override is timestamped and logged in an immutable audit trail. Fully exportable for examiner review at any time.
Real-Time API & Batch Processing
Integrate at onboarding via Real-Time API, or run batch screening across your full portfolio. Same-day go-live less than one business day to integrate.
Global Watchlist Coverage
OFAC SDN, UN, EU, HMT, DFAT, and 50+ additional global sanctions lists all updated daily. PEP screening and adverse media in 5 languages.
Tier 1 & 2 Support
From user training to technical consultation. Dedicated support for large operations. Human support from compliance professionals not a help desk queue.
Bad Actors Are Great
at Looking Like Good Borrowers.
Shell companies, straw borrowers, cash-out laundering. Your loan origination system isn't designed to catch any of that. Sentinel™ is. Screen at origination, monitor through the life of the loan. Learn more →
We know everything about regulatory compliance. We know nothing about making fine print fun. We tried anyway.
The information on this website is provided for general informational purposes only and does not constitute legal, regulatory, or compliance advice. Truth Technologies, Inc. makes no representations or warranties regarding the accuracy, completeness, or currency of the regulatory information presented. AML/KYC obligations vary by jurisdiction, institution type, and individual circumstances. Organizations should consult qualified legal counsel or a licensed compliance professional before making compliance decisions. Sentinel Compliance Platform™ is a product of Truth Technologies, Inc.