What is Pelican AI?
Pelican AI provides a comprehensive platform utilizing artificial intelligence to optimize payment processing and ensure financial crime compliance for banks, FinTechs, and corporate institutions. The platform focuses on simplifying and securing the entire payments life-cycle, aiming to significantly reduce operational costs and improve efficiency.
By integrating advanced AI techniques like natural language processing and machine learning, Pelican AI offers solutions for digital payments including ACH, RTGS, instant, and cross-border transactions. It also features robust tools for anti-money laundering (AML), payments fraud detection, and sanctions screening, operating in real-time to identify and prevent financial crime. Furthermore, Pelican AI supports Open Banking initiatives, enabling connectivity and payment processing across numerous banks and standards.
Features
- AI-Powered Digital Payments: Manage ACH, RTGS, instant, and cross-border payments using AI to optimize and monetize the payment life-cycle.
- Financial Crime Compliance: Utilizes AI for real-time monitoring of transactions for sanctions screening, anti-money laundering (AML), and payments fraud detection.
- Open Banking Integration: Connects to thousands of banks for instant payment schemes, connectivity, and processing, supporting various standards.
- Self-Learning Optimization: Employs self-learning AI for improved accuracy and efficiency in compliance processes, reducing false positives.
- Payments as a Service (PaaS): Offers cloud-based payment processing solutions to reduce Total Cost of Ownership (TCO).
- Trade Digitization & Compliance: Provides solutions for digitizing trade documents and automating compliance checks.
Use Cases
- Streamlining payment processing for banks and financial institutions.
- Reducing operational costs associated with payments and compliance.
- Implementing real-time fraud detection for financial transactions.
- Ensuring compliance with AML regulations and sanctions screening.
- Integrating with Open Banking networks for enhanced payment services.
- Automating trade finance operations and compliance checks.
- Optimizing cross-border payment processing.
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Pelican AI Uptime Monitor
Average Uptime
98.93%
Average Response Time
217.86 ms
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