Update on Mobile Application: Manage My Library App
In a move to eliminate redundancies in resource access points, our company will be ending its Anti-Money Laundering (AML) app service for mobile devices on August 22, 2025. However, users can rest assured that they will still have access to AML-compliant financial resources on their mobile devices.
For those who prefer the app experience, there are alternatives available. Within individual resources on our company Pages, users can search, browse, and download articles and book chapters to read offline, all without the need to download an app. Moreover, our resources are mobile responsive, ensuring a seamless experience across various devices.
One option is to integrate alternative AML/KYC providers such as Sumsub, Veriff, or iDenfy. These companies offer comprehensive digital identity verification and AML compliance tools that support mobile integration and cover global regulatory needs. For instance, Sumsub provides end-to-end AML solutions with facial biometrics and document verification, ideal for regulated fintech and crypto industries. Veriff emphasizes fast, real-time video-based ID verification suitable for mobile apps, while iDenfy offers a simpler, pay-as-you-go mobile-friendly platform for smaller businesses.
Another option is to leverage mobile banking app features that support compliance. These features may include GPS-based location services, peer-to-peer lending integrations, and personal financial management tools. Mobile banking apps also often provide real-time notifications, fraud alerts, and transaction monitoring that contribute to ongoing compliance and customer engagement.
For those looking for a more centralised solution, migrating to banking or financial services APIs and SaaS platforms could be the answer. Platforms like Eltropy allow managing customer accounts, payments, and compliance through mobile or web platforms, helping maintain financial services access without relying on the original AML app.
Lastly, exploring digital wallets and payment apps with built-in AML compliance features, particularly in markets like the Philippines where digital wallets are common and AML is integrated into payment flows, could also be a viable option.
For any questions or support before the AML app service ends, users can contact their customer success specialist at [email protected]. Users can also create a shortcut to their library's our company Product Menu on the home screen of any device for easy access to all core features of the AML app.
In conclusion, after the AML app service ends, businesses or users can maintain access to AML-compliant financial resources by integrating alternative AML/KYC providers, leveraging mobile banking app features, adopting financial service APIs and SaaS platforms, or exploring digital wallets and payment apps with built-in AML compliance features. Switching to these alternatives ensures continued regulatory compliance and uninterrupted service access on mobile devices.
Technology plays a crucial role in these alternatives as users can integrate AML/KYC providers with comprehensive digital identity verification and AML compliance tools that support mobile integration. Mobile banking apps also offer features such as GPS-based location services, fraud alerts, and transaction monitoring, contributing to ongoing compliance. Additionally, adopting financial service APIs and SaaS platforms, or digital wallets with built-in AML compliance features, ensures regulatory compliance and uninterrupted service access on mobile devices.
