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AML FinderAustralia

NameScan vs TrustSoft

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.

Product A

NameScan

Verification layer

Entry price
On application
Evidence
4%
Marketed to
Not established
Data residency
Not established

Product B

TrustSoft

AML module in another product

Entry price
$99.00/mo
Evidence
71%
Marketed to
Accounting
Data residency
australia

Choose NameScan when...

No capability is verified for NameScan that is not also established for TrustSoft.

Choose TrustSoft when...

  • AML/CTF program creation is verified — NameScan has not established it.
  • Program maintenance and review is verified — NameScan has not established it.
  • Risk assessment is verified — NameScan has not established it.
  • Staff training is verified — NameScan has not established it.
  • Customer due diligence is verified — NameScan has not established it.

Biggest differences

FieldNameScanTrustSoft
AML/CTF program creationNot establishedVerified
Program maintenance and reviewNot establishedVerified
Risk assessmentNot establishedVerified
Staff trainingNot establishedVerified
Customer due diligenceNot establishedVerified
Know-your-business (entity checks)Not establishedVerified
Beneficial ownership and controlNot establishedVerified
Enhanced due diligenceNot establishedVerified
Electronic identity verificationNot establishedVerified
Biometric liveness and face matchNot establishedVerified
Document Verification Service (DVS) accessNot establishedVerified
PEP and sanctions screeningNot establishedVerified
Adverse media screeningNot establishedVerified
Ongoing customer monitoringNoNot established

Capabilities, section by section

Program & governance

  • AML/CTF program creation Needs confirmation Verified
  • Program maintenance and review Needs confirmation Verified
  • Risk assessment Needs confirmation Verified
  • Independent evaluation support (s84) Needs confirmation Needs confirmation
  • Staff training Needs confirmation Verified

CDD & entity work

  • Customer due diligence Needs confirmation Verified
  • Know-your-business (entity checks) Needs confirmation Verified
  • Beneficial ownership and control Needs confirmation Verified
  • Enhanced due diligence Needs confirmation Verified
  • Reliance arrangements Needs confirmation Needs confirmation

Identity verification

  • Electronic identity verification Needs confirmation Verified
  • Biometric liveness and face match Needs confirmation Verified
  • Document Verification Service (DVS) access Needs confirmation Verified

Screening & monitoring

  • PEP and sanctions screening Needs confirmation Verified
  • Adverse media screening Needs confirmation Verified
  • Ongoing customer monitoring No Needs confirmation
  • Transaction monitoring Needs confirmation Verified

Reporting & control

  • Suspicious matter report workflow Needs confirmation Verified
  • AUSTRAC SMR XML export Needs confirmation Needs confirmation
  • Tipping-off controls (s123) Needs confirmation Needs confirmation
  • Threshold transaction reporting Needs confirmation Verified

Evidence & extensibility

  • Evidence pack export Needs confirmation Verified
  • Immutable audit log Needs confirmation Needs confirmation
  • API access Needs confirmation Needs confirmation

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 you

Provider facts checked through 25 August 2026. Source records: NameScan on AML Directory · TrustSoft on AML Directory