Transaction Monitoring
Screening
Transaction Monitoring
Screening
Screening is the process of checking financial transactions against watchlists, such as sanctioned entities, politically exposed persons (PEPs), and adverse media, to identify and prevent illegal or high-risk activities like money laundering or terrorism financing.
How it works
The process of sigma screening your transactions is easy:
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Transaction Initiation
You send us just the senderName and receiverName in the screeningData object when submitting a transaction -
Perform Checks
We perform checks against a comprehensive database of records, including sanctioned lists, PEP lists, adverse media, and more.
Example:
The image displays a transaction that has been screened