Instacheck
Instacheck Pte. Ltd. is a Singapore-incorporated regulatory technology (regtech) firm with UEN number 201931750M as verifiable from Accounting and Corporate Regulatory Authority of Singapore (ACRA). The office is located at 2/F, 36 Carpenter Street, Singapore 059915
The founders saw the pain points of the current compliance checking systems - i.e. expensive, slow, desktop-based, users are required to update the software, users are required to install, update or download software / mobile applications. Instacheck aims to solve all of these issues
The flagship product is the highly mobile-responsive and accessible cloud-based system that can be logged in from anywhere around the world with mobile data and a browser. This is suited for the frequent business traveler cum trader who requested for these features.
The cloud-based system has been reviewed and approved by Certified Anti-Money Laundering Specialist (CAMS), issued from ACAMS, headquartered in Florida, U.S.A. The cloud backend is structured with Amazon Web Service (AWS) system elements, co-designed with AWS Technical Professional. Hence, the system is stringent on both compliance and security. Moreover, it is one of the rare cloud software that has been vigorously tested under the stricter Mainland Chinese internet browsing settings.
With a click of a button, users can check and return results of any potential narcotics dealer, criminal, warranted person, terrorist, political exposed person (PEPs) or sanctioned company. The main module can easily switch between the individual KYC search (for looking up a person) and company KYC search (for organisations or firms).
The compliance database include major international cautioned and sanctioned lists agreed upon and frequently updated by the United Nations, United States OFAC, United Kingdom, European Union, Canada, Switzerland, Australia and others.