This collaboration aims to empower businesses with affordable, automated AML compliance tools, particularly in the areas of transaction monitoring, suspicious activity detection, and regulatory report filing.

Financial institutions and fintech startups alike face growing regulatory scrutiny, requiring them to file Large Virtual Currency Transaction Reports (LVCTR), Suspicious Transaction Reports (STR), and other compliance documents efficiently and accurately. By integrating Rhizome Compliance’s advanced automation capabilities with AML Incubator’s expertise, businesses can now benefit from a streamlined approach to AML reporting, saving time, cost, and resources.

Why This Partnership Matters

Rhizome Compliance has established itself as an all-in-one financial crime solution, designed to detect and prevent fraud and money laundering with minimal operational friction. Its platform offers:

• Customer Onboarding & KYC Compliance – A robust Know Your Customer (KYC) program that integrates seamlessly with applications, using machine validation to prevent fraud.
• Transaction Monitoring – A rules-based detection engine that flags high-risk transactions, large volume transfers, and activity from restricted jurisdictions.
• Regulatory Report Filing – AI-powered automation for generating and submitting compliance reports, dramatically reducing manual data entry time.
• Self-Hosted Solutions – Flexible deployment options for companies prioritizing data security.

With AML Incubator’s track record in compliance consulting and risk management, this partnership ensures that clients have access to cost-effective, scalable AML solutions tailored to their regulatory needs.

The Need for Smarter AML Technology

Traditional AML compliance processes are often outdated, fragmented, and resource-intensive. Many companies struggle with time-consuming data entry, lack of interoperability, and rigid compliance software that fails to adapt to evolving regulations.

Rhizome Compliance was created to address these challenges, offering a universal report schema that allows businesses to integrate once and file reports globally. By reducing the cost and complexity of compliance, the platform enables companies to focus on their core business while maintaining regulatory integrity.

The collaboration will help businesses:

• Reduce compliance costs with automation-driven reporting.
• Accelerate AML processes with instant risk detection.
• Ensure seamless compliance with global regulatory requirements.

AML Incubator and Rhizome Compliance are committed to reshaping the AML landscape, making compliance more accessible, efficient, and future-proof.

Learn more about AML Incubator here and explore Rhizome Compliance’s solutions here.