Transaction screening – a balancing act
The world of transactions is an ever-changing landscape. The increase of real-time payments means that money is now moving and settling faster than ever.
There’s also been a proliferation of regulations over the last 10 years, as well as a faster turnaround in sanction list updates.
To keep up, your organization must implement more rigorous transaction screening, while still keeping the processing of millions of transactions flowing.
It’s a balance you need to achieve in order to meet customer expectations and protect yourself against risk, fines and reputational damage.
Designed with banks, for banks
Firco Continuity offers you a sophisticated, robust and efficient real-time transaction screening solution. It will:
- implement and prove regulatory compliance in transaction screening
- adhere to your internal risk policy
- maintain a high straight-through processing rate
- keep your compliance costs down.
Firco Continuity has become a world-standard transaction screening solution for banks.