SubjectTwo records, worked side by side
Records checked to8 October 2026
NameScan vs SimpleAML
There is no universal winner. The question is which kinds of buyer should prefer which. These pages are built from the same source-checked data as every other page on AML Finder.
NameScan
Verification layer
- Entry price
- On application
- Evidence
- 6%
- Marketed to
- Not established
- Data residency
- Not established
SimpleAML
Local register
- Entry price
- $0.00/mo
- Evidence
- 55%
- Marketed to
- Accounting, Real estate, Conveyancing
- Data residency
- Not established
Choose NameScan when...
Nothing separates them here: every capability agreed for NameScan is at least established for SimpleAML too.
Choose SimpleAML when...
- Risk assessment is verified — NameScan has not established it.
- Staff training is verified — NameScan has not established it.
- Tipping-off controls (s123) is verified — NameScan has not established it.
- Risk assessed per designated service is verified — NameScan has not established it.
- Ongoing monitoring triggered by designated service and risk is verified — NameScan has not established it.
Biggest differences
| Field | NameScan | SimpleAML |
|---|---|---|
| AML/CTF program creation | Not established | Partial |
| Risk assessment | Not established | Verified |
| Staff training | Not established | Verified |
| Customer due diligence | Not established | Partial |
| Know-your-business (entity checks) | Not established | No |
| Electronic identity verification | Not established | No |
| PEP and sanctions screening | Not established | No |
| Ongoing customer monitoring | No | Not established |
| Automated transaction monitoring (bank-style rules) | Partial | Not established |
| Suspicious matter report workflow | Not established | Partial |
| AUSTRAC SMR XML export | Not established | No |
| Tipping-off controls (s123) | Not established | Verified |
| Evidence pack export | Not established | No |
| Immutable audit log | Not established | No |
Capabilities, section by section
Program & governance
NameScanSimpleAML
- AML/CTF program creation Not obtained Queried
- Program maintenance and review Not obtained Not obtained
- Risk assessment Not obtained Agreed
- Independent evaluation support (s84) Not obtained Not obtained
- Staff training Not obtained Agreed
CDD & entity work
NameScanSimpleAML
- Customer due diligence Not obtained Queried
- Know-your-business (entity checks) Not obtained Not agreed
- Beneficial ownership and control Not obtained Not obtained
- Enhanced due diligence Not obtained Not obtained
- Reliance arrangements Not obtained Not obtained
Identity verification
NameScanSimpleAML
- Electronic identity verification Not obtained Not agreed
- Biometric liveness and face match Not obtained Not obtained
- Document Verification Service (DVS) access Not obtained Not obtained
Screening & monitoring
NameScanSimpleAML
- PEP and sanctions screening Not obtained Not agreed
- Adverse media screening Not obtained Not obtained
- Ongoing customer monitoring Not agreed Not obtained
- Automated transaction monitoring (bank-style rules) Queried Not obtained
Reporting & control
NameScanSimpleAML
- Suspicious matter report workflow Not obtained Queried
- AUSTRAC SMR XML export Not obtained Not agreed
- Tipping-off controls (s123) Not obtained Agreed
- Threshold transaction reporting Not obtained Not obtained
Evidence & extensibility
NameScanSimpleAML
- Evidence pack export Not obtained Not agreed
- Immutable audit log Not obtained Not agreed
- API access Not obtained Not obtained
Tranche 2 operations
NameScanSimpleAML
- Risk assessed per designated service Not obtained Agreed
- Ongoing monitoring triggered by designated service and risk Not obtained Agreed
- Program obligations calendar Not obtained Queried
- Versioned AML program and CDD records Not obtained Agreed
- Escalation to AMLCO or manager with outcome recorded Not obtained Queried
- Expired document alerts Not obtained Not obtained
- Reliance CDD requests sent and received Not obtained Not obtained
Unknowns to confirm
Not established for at least one of these two — ask before relying on it.
AML/CTF program creationProgram maintenance and reviewRisk assessmentIndependent evaluation support (s84)Staff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and control
Which one fits your requirements?
These two are compared on every field we track. Tell us what matters to you and we’ll recalculate this comparison against your own requirements.
Tell us what matters to youProvider facts checked through 8 October 2026. Source records: NameScan on AML Directory · SimpleAML on AML Directory