SubjectTwo records, worked side by side
Records checked to8 October 2026
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.
NameScan
Verification layer
- Entry price
- On application
- Evidence
- 6%
- Marketed to
- Not established
- Data residency
- Not established
TrustSoft
AML module in another product
- Entry price
- $99.00/mo
- Evidence
- 65%
- Marketed to
- Accounting
- Data residency
- Not established
Choose NameScan when...
Nothing separates them here: every capability agreed for NameScan is at least established for TrustSoft too.
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
| Field | NameScan | TrustSoft |
|---|---|---|
| AML/CTF program creation | Not established | Verified |
| Program maintenance and review | Not established | Verified |
| Risk assessment | Not established | Verified |
| Staff training | Not established | Verified |
| Customer due diligence | Not established | Verified |
| Know-your-business (entity checks) | Not established | Verified |
| Beneficial ownership and control | Not established | Verified |
| Enhanced due diligence | Not established | Verified |
| Electronic identity verification | Not established | Verified |
| Biometric liveness and face match | Not established | Verified |
| Document Verification Service (DVS) access | Not established | Verified |
| PEP and sanctions screening | Not established | Verified |
| Adverse media screening | Not established | Verified |
| Ongoing customer monitoring | No | Not established |
Capabilities, section by section
Program & governance
NameScanTrustSoft
- AML/CTF program creation Not obtained Agreed
- Program maintenance and review Not obtained Agreed
- Risk assessment Not obtained Agreed
- Independent evaluation support (s84) Not obtained Not obtained
- Staff training Not obtained Agreed
CDD & entity work
NameScanTrustSoft
- Customer due diligence Not obtained Agreed
- Know-your-business (entity checks) Not obtained Agreed
- Beneficial ownership and control Not obtained Agreed
- Enhanced due diligence Not obtained Agreed
- Reliance arrangements Not obtained Not obtained
Identity verification
NameScanTrustSoft
- Electronic identity verification Not obtained Agreed
- Biometric liveness and face match Not obtained Agreed
- Document Verification Service (DVS) access Not obtained Agreed
Screening & monitoring
NameScanTrustSoft
- PEP and sanctions screening Not obtained Agreed
- Adverse media screening Not obtained Agreed
- Ongoing customer monitoring Not agreed Not obtained
- Automated transaction monitoring (bank-style rules) Queried Queried
Reporting & control
NameScanTrustSoft
- Suspicious matter report workflow Not obtained Agreed
- AUSTRAC SMR XML export Not obtained Not obtained
- Tipping-off controls (s123) Not obtained Not obtained
- Threshold transaction reporting Not obtained Agreed
Evidence & extensibility
NameScanTrustSoft
- Evidence pack export Not obtained Agreed
- Immutable audit log Not obtained Not obtained
- API access Not obtained Not obtained
Tranche 2 operations
NameScanTrustSoft
- Risk assessed per designated service Not obtained Queried
- Ongoing monitoring triggered by designated service and risk Not obtained Not obtained
- Program obligations calendar Not obtained Not obtained
- Versioned AML program and CDD records Not obtained Queried
- 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 · TrustSoft on AML Directory