LexAlign PBC
Austin, Texas, United States
About LexAlign PBC
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.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Funding stage: Seed
- Last round: Seed (Aug 2019)
- Website: lexalign.com
- Phone: [email protected]
Industries & Categories
Compliance, Financial Services, Information Technology, Online Portals
Social Profiles
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