Success. Not JUST Software.TM

At Banker’s Toolbox, we offer success, not just software. So what does that mean, exactly? Sure, we’re a software company. We build solutions that strengthen and automate the BSA/AML compliance and fraud prevention efforts within financial institutions. However, we do so much more than that. At Banker’s Toolbox, our main goal is to help our customers be successful.

How did Banker's Toolbox Start?

Once upon a time, Daniel Cho, CEO and founder of Banker’s Toolbox, worked in the IT department of a Los Angeles bank. He worked closely with a BSA Officer and saw firsthand the countless hours she spent monitoring for transactions for money laundering and suspicious activity. She continuously struggled to manually gather data reports from all areas of the bank, which was a never-ending task. After seeing her commitment, long-hours and dedication Daniel felt compelled to help. He believed there was a better, more efficient way for her to do the job so he set out to develop an efficient software program. He spent countless hours on it, but the time was worth the effort because the end result literally made the BSA Officer cry tears of happiness (true story)! That program became the foundation of our first software solution. Daniel founded Banker’s Toolbox in 2000, and since then our strategy has been to provide end-to-end case management compliance solutions to make our customers’ lives easier by saving them time and money. BSA/AML and fraud detection is in our DNA, as former bankers, compliance officers, and regulators we know the landscape, and we know your challenges.  You may not cry tears of joy like our very first user, but we bet you will give at least a sigh of relief.


about banker's toolbox

Where are we now?

Banker’s Toolbox, Inc. is the leading provider for Bank Secrecy Act anti-money laundering compliance solutions for financial institutions. Our diverse staff consists of seasoned bankers, CAMS certified professionals, former regulators and technology experts who specialize in designing, developing, and implementing risk management solutions, but most importantly they focus on serving our customers. Our commitment to our customers is unmatched in the industry and is reflected in our dedication to customer support.

Our culture and values make us different than other vendors. The difference is that we care. We pride ourselves on knowing what it takes to be successful when it comes to BSA/AML and Fraud, and we recognize every institution’s needs are different. Addressing those varying needs has shaped our company and product offerings into what we are today.