hummingbird

Modern APIs for Suspicious Activity Reports

Validate, file, and track Suspicious Activity Reports (SARs) using our modern APIs.

Sar Filing API

Simple SAR Filing

Suspicious Activity Reports (SARs) are the main communication channel in the fight against financial crime, but they can be tricky. Our APIs for SAR filing handle the heavy lifting so that you can focus on investigations.

Global SAR Filing

We’re currently integrated with FinCEN, and new integrations in Europe and other parts of the world are coming soon. Contact us for details.

CLIENTS

Brex
Evolve
Stripe
Coastal
Hatch Bank
Undisclosed

FACTS

SAR Filings Are Difficult

Financial institutions spend 28% of total compliance costs on reporting suspicious activity.

Each SAR takes investigators around 2-4 hours to fill in, QA, track, and audit. The process is tedious and prone to errors.

Penalties are steep. The SEC recently fined an institution $38M for failing to file 150 SARs - that's a $253k fine per SAR.

BENEFITS

We're Here to Help

Hummingbird can streamline and automate your Suspicious Activity Reports. Our modern APIs for SAR filing provide the following benefits:

SAR Accuracy and Quality

Conduct high-quality investigations and ensure that your findings are accurately presented in the SARs you provide to law enforcement.

Process Efficiency

Eliminate the time you spend on manual data entry and quality control when preparing SARs. Automate the tedious parts of the process.

Cost Reduction

Save 2-4 hours per SAR filing through automated report preparation, validation, and electronic submission to the regulator.

FEATURES

Your SAR Filing Toolkit

Preparing

  • RESTful endpoints, JSON formatting
  • End-to-end encryption and security
  • 1,000's of automated validations
  • Latest requirements of FinCEN / FIU
  • Include transaction attachments
  • QA interface and automation
  • Roles and permissions

Filing

  • Secure Data Transfer Mode (SDTM) connection
  • Smart retry logic
  • Automated response monitoring
  • Download PDF and XML formats for recordkeeping
  • Receive IDs and acknowledgements

Analyzing

  • Retrieve structured data
  • Analytics and reporting
  • Document retention / audit

HOW TO USE IT

Create a case

We map your data to SAR specifications and ensure that your reports are accurate and valid.

Validate your filing

Send your SARs to multiple jurisdictions, including FinCEN. Our direct integration makes it simple.

Send the filing

Track the status of your SAR submissions and analyze your filings over time.

PRICING

SAR API Pricing

10 filings

PER MONTH

$79 / Filing

25 filings

PER MONTH

$59 / Filing

50 filings

PER MONTH

$49 / Filing

Enterprise

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Contact Us

Ready to get started?

Request a demo or get in touch to learn more about how we can help you fight financial crime.