Tag: PEP Screening

As banks race to automate compliance, one problem keeps surfacing: AI does not always give the same answer twice. According to Duna, the RegTech...

Financial institutions are increasingly using automation to manage growing AML workloads, but RegTech provider ZIGRAM argues that more automation does not necessarily mean better...

Financial institutions have access to increasingly sophisticated sanctions and politically exposed person (PEP) screening tools, but these checks cannot capture every development that could...

Financial crime signals rarely announce themselves. Long before a customer, counterparty, or supplier lands on a formal sanctions list, warning signs may already be...

Adverse media screening is treated by most financial institutions as a box-ticking obligation rather than a genuine line of defence, and that mindset is...

Politically Exposed Person (PEP) screening determines whether a customer, counterparty or beneficial owner holds a position of public influence that carries an elevated risk...

Fraud detection built on static rules is starting to show its age. These systems flag transactions simply because they are unusually large, come from...

FinScan, an Innovative Systems solution and provider of AML and sanctions compliance technology, has partnered with Quantifind to integrate AI-powered adverse media intelligence into...

KYC and AML compliance work absorbs enormous analyst time, yet most of that time isn't spent on genuine judgment calls. It's spent wrangling documents,...

Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes. They are not. Each targets a different category of risk,...