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Lexalign

Empowering front-line fraud defense by automating the onsite audit function for banks' commercial customers.

Information Services
Austin, US
10 employees
Founded 2016
2 public signals

About Lexalign

Technology has enabled and accelerated the migration of fundamental banking operations like check deposits and ACH and Wire originations from banks’ controlled inner environments to millions and millions of dispersed business customer locations. From a regulatory perspective, auditors view each of these business locations as a branch of the bank. The LexAlign solution automates the onsite audit function for banks' business customers, helping them identify and remediate gaps in, and train, their business customers while empowering them to help themselves. LexAlign replaces the need for on-site audits and training and has been called the "missing piece" in AML and fraud risk management. The ultimate value proposition for LexAlign is that we provide the records that demonstrate risk management for both the bank and its business customers. This helps them reduce the cost of treasury operations while improving operational efficiencies and reducing the risk of loss from fraud and customer mistakes. For a demo please contact us at: https://lexalign.com/contact/ or contact@lexalign.com

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Signals from Lexalign

2 published signals

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