Upstox Leads the Charge in AML Compliance with Real-Time Screening Integration

Upstox becomes the first major stock trading platform in India to implement real-time Anti-Money Laundering checks via TrackWizz's Screenzaa, enhancing detection of users on negative lists and complying with the PMLA 2002. This integration demonstrates a commitment to secure financial systems and market integrity.

Upstox, among India's leading stock trading platforms, has pioneered the implementation of real-time Anti-Money Laundering checks using Screenzaa from TrackWizz, a TSS Consultancy product.

This strategic integration enables Upstox to identify users listed in various sanctions lists, complying with essential laws such as the Prevention of Money Laundering Act and the Weapons of Mass Destruction Act.

Executives from Upstox and TrackWizz emphasize the importance of robust, compliant financial systems in supporting financial literacy and market integrity, setting a benchmark for the industry.