Increased geo-political unrest over the last two years has shone the spotlight on sanctions compliance. Payment screening, also known as transaction screening, is the critical process of ...

Socure, a provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, ...

In Sanctions Screening, they check if individuals or entities are on global watchlists and ensure that the bank doesn’t do business with them. Transaction Monitoring involves looking at ...

On his first day in office, President Donald Trump signed a flurry of executive orders from withdrawing from the World Health ...

Scott Bessent, President-elect Donald Trump’s choice for Treasury secretary, said Jan. 16 that the U.S. should institute a “very rigorous screening process” to ensure its outbound investment does not ...

Throughout 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control ("OFAC") published 12 enforcement actions regarding ...

The latter half of 2024 saw material changes to EU sanctions guidance on topics of acute significance for EU operators. Some ...

Following a 14-month investigation, the Financial Conduct Authority (FCA) has fined the app-based bank £28,959,426 for financial crime failings related to its financial sanctions screening.