The EU Instant Payments Regulation is changing when payment service providers screen for sanctions. For payments and compliance teams, the shift to daily customer screening means identifying potential matches earlier and having the data to resolve alerts quickly.
Download Ten Seconds to Get It Right: From Transaction Screening to Customer Screening, a white paper from The Payments Association EU and Dow Jones Risk & Compliance, featuring perspectives from BNP Paribas, FIS and Banking Circle.
What you’ll learn
- Where screening fits in the payment process. See what changes when teams screen customers daily and how that can give them more time to investigate potential matches before a payment is initiated.
- What makes screening data fit for purpose. Learn how accurate customer records and up-to-date sanctions data can reduce false alerts and speed up investigations.
- How providers are adapting their controls. Explore how payment providers are using automation and building compliance checks into their payment infrastructure.
