FinClusive awarded first SAFETY Act Award by DHS for its Countering Terrorism Financing Product and Service

June 27, 2025: FinClusive Receives SAFETY Act Designation

Aluma is proud to announce that FinClusive has become the first company to receive protections under the U.S. Department of Homeland Security’s (DHS) SAFETY Act for a Counter Financing of Terrorism (CFT) product and service. The award recognizes FinClusive’s Terrorism Financing Detection Program – a cloud-hosted software platform that enables businesses to complete critical financial crimes compliance screening, including anti-money laundering (AML), know your customer (KYC), and customer due diligence (CDD) checks on transaction parties.

Aluma supported FinClusive throughout the SAFETY Act process and represented the company before DHS in securing this designation. This award is not only historic as the first SAFETY Act recognition for CFT-related services, but also marks a significant milestone for the financial services and fintech industries in the broader effort to combat terrorism.

The SAFETY Act designation underscores the importance of addressing terrorism at every stage. While securing physical spaces against attacks remains essential, preventing attacks before they occur is equally critical. By eliminating opportunities for bad actors to finance terrorism – including cutting off access to funds for materials, disrupting planning efforts, and halting travel or surveillance activities – FinClusive’s Terrorism Financing Detection Program strengthens the frontline defense against global threats.

This achievement sets a new precedent in how financial institutions and fintech companies can leverage innovative compliance technologies to both meet regulatory requirements and contribute directly to counterterrorism efforts.