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June Monthly Special 2024

Sanction Scanner – Empowering Global Financial Compliance with Advanced AML Solutions

Sanction Scanner – Empowering Global Financial Compliance with Advanced AML Solutions

Sanction Scanner leads the charge in AML solutions, offering state-of-the-art tools for risk management and compliance. Their mission is to simplify the complexities of financial crime prevention, providing comprehensive risk solutions to businesses worldwide.

Their suite of products, including Customer & Company Screening, Transaction Monitoring, Fraud Detection, Customer Risk Assessment, Daily Ongoing Monitoring, and Payment Screening, offers a holistic approach to AML compliance. These innovative tools, combined with a dedicated team of experts, allow clients to focus on their core operations while Sanction Scanner handles the intricacies of regulatory compliance and risk management.

More than just a compliance tool, Sanction Scanner is driving a global movement towards a safer and more transparent financial environment. Trusted by over 500 international companies across 50+ countries, including industry leaders like Papara, Unity, DLL, Mondu, and more, Sanction Scanner is redefining standards for compliance and security.

Enhance AML Compliance with AML Name Screening

AML Name Screening offers real-time screening and global AML data solutions trusted by over 500 companies worldwide. With clients including KOC, GIG, Mondu, Papara, and more, this tool ensures accurate name screening for enhanced compliance measures.

Utilizing more than 3000 global sanctions lists, PEPs lists, and adverse media data, AML Name Screening covers over 220 countries, providing always up-to-date information every 15 minutes. With scanning speeds as fast as 150 milliseconds, users can perform thorough screenings with ease and efficiency.

From PEP and sanction screening to remittance, payment, vessel, and aircraft screening, AML Name Screening offers a comprehensive solution for AML compliance. Users can also check Ultimate Beneficial Ownership for their companies, with the flexibility to perform single or batch screening operations using criteria such as name, identity, and passport number.

With Automated Daily Ongoing Monitoring, users can plan control periods based on customer risk levels, ensuring continuous monitoring of customer activities. By automating monitoring checks, businesses can effectively mitigate risks and protect themselves from potential threats.

AML Name Screening is not just a tool for compliance—it's a proactive solution that empowers businesses to stay ahead of regulatory requirements and safeguard their operations against financial crime.

Empowering Compliance with Trusted Solutions

AML Transaction Monitoring is a leading solution trusted by over 500 firms, including DLL, GIG, Qwist, Tpay, and United Payment, to redefine transaction security and compliance. By leveraging this platform, businesses can effectively reduce false positives and strengthen their compliance processes.

Sanction Scanner enables real-time monitoring of transactions to detect any suspicious activities conducted by customers. If a transaction raises red flags, the software automatically stops it and records it for further investigation. Integration with projects is seamless through API, ensuring effortless implementation and operation.

With the rule-writing feature, users can set rules and create scenarios tailored to their specific needs. This functionality not only helps in reducing false positive alarms but also allows businesses to focus on genuine warnings, thereby reducing their workload. As a result, organizations can ensure compliance with AML regulations while optimizing their operational efficiency.

Waiting until the end of the day to address alarms is no longer necessary. AML Transaction Monitoring provides real-time alerts for suspicious transactions based on predefined scenarios and rules. Users can categorize alarms based on risk levels (1-5) and respond promptly to mitigate potential risks.

By implementing AML Transaction Monitoring, businesses can achieve a significant reduction in false positives by up to 96.99%. This not only streamlines their own control workload by 80% but also ensures full compliance with AML regulations. With the ability to create dynamic rules and scenarios, organizations can adapt quickly to evolving threats and maintain robust compliance measures.

Driving Success with Trusted Transaction Vetting

Transaction Screening, powered by Sanction Scanner, stands as the secret behind the success of over 500 firms, including DLL, GIG, Qwist, Tpay, United Payment, Rabobank, Flash Payments, and Wavemoney. These organizations rely on Transaction Screening for flawless and efficient vetting of transactions, ensuring compliance with AML regulations.

With AML Transaction Screening, businesses can instantly verify both the sender and receiver of transactions, without any delays. This real-time capability enables swift identification of suspicious activities, empowering organizations to take immediate action when necessary.

Sanction Scanner's Transaction Screening leverages real-time data from over 200 countries, providing comprehensive coverage for AML compliance. This extensive global data ensures that businesses can effectively screen transactions against various lists, minimizing the risk of financial crime.

Discover the power of Sanction Scanner's algorithm, meticulously developed with artificial intelligence. This algorithm enhances the screening process, delivering more comprehensive results. Businesses can scan transactions based on multiple preferences, including name, identification number, and passport number, for thorough vetting.

Streamline and automate your control processes with Transaction Screening. Integration with your projects is seamless, thanks to robust API support, allowing businesses to begin screening transactions within minutes. By automating the verification of senders and receivers during the transfer process, organizations can accelerate their compliance efforts and mitigate risks effectively.

Transaction Screening enables businesses to maintain compliance with AML regulations effortlessly. With its powerful API, real-time data coverage, and advanced algorithmic capabilities, organizations can stay ahead of financial crime threats and safeguard their operations with confidence.

About | Fatih Coşkun

Fatih Coşkun, the Founder and CEO of Sanction Scanner, has been steering the company since 2018 with a mission to combat financial crime and ensure secure transactions for financial institutions and businesses. With over 15 years of experience in developing payment, fintech, and banking solutions, he possesses a deep understanding of the challenges and opportunities in the financial industry. Fatih holds a master's degree in computer science and an MBA in business administration and technology management.

“Since our establishment, we have aimed to provide cost-effective AML solutions that businesses of all sizes can use. Although we have accomplished great things in a short time and offer our solutions to our customers from +50 countries, there will be much more than that soon.”

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