With the installation of Experian's ASSIST//ck software, developed by its specialist anti-money laundering division based in Miami, Florida, these two banks will automate the detection, investigation and reporting of money laundering activities and streamline the processes and policies required for compliance with international and U.S. regulations. Banca Afirme is one of the fastest-growing financial services providers in Mexico, and Banco del Pichincha C.A. is the largest bank in Ecuador with 218 branches in 80 cities.

Experian provides a singular solution to meet the challenge of anti-money laundering and suspicious activity compliance. With installations in 35 countries worldwide, Experian's anti-money laundering solutions provide a full range of global products and services for identity verification, fraud prevention, money laundering detection and compliance with government regulations, including the USA PATRIOT Act. These powerful solutions, combined with the industry's largest proprietary consumer information databases, enable Experian to offer a complete suite of compliance solutions, including a customer verification program, negative list screening, transaction monitoring and reporting of suspicious activities.

"Money launderers don't respect national boundaries," added Gary Wood, Managing Director of Experian's Fraud Business in the UK. "Money laundering is a global business and requires global solutions to combat it. Experian has a strong international capability, providing comprehensive fraud and compliance solutions globally across many industries and is making a major contribution in the fight against this insidious and corrupting crime that threatens the way of life of every one of us. We look forward to working with Banca Afirme and Banco del Pichincha to enhance their anti-money laundering programs."