Payments eco-systems continue to evolve quickly.
Have your financial crime controls kept pace?
Technology standards and evolving consumer behaviours continue to drive systemic change in payments. A proliferation of transaction media, product innovation and competition from new market entrants have resulted in expectations for always faster and friction-free operational performance. Simultaneously, regulatory FCC obligations require continuous effectiveness.
These pressures require payment screening technology that combines speed, processing capacity and operational agility with highly effective compliance results.
New technology for payments screening
An alternative to legacy technology
without compromising efficiency or effectiveness
FacctShield uses a state-of-the-art parallel processing technology core that delivers super-fast
risk detection and configurability that adapts to every risk appetite
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Modern parallel processing technology that is infinitely scalable providing capacity for year-on-year traffic increases.
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Designed for ISO 20022
Build new rules that take advantage of new data features.
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Cloud-native
Compliance agility and faster speed to compliance.
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Highly effective risk detection
Identify new risks quickly without triggering unsustainable alert volumes.
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Transparency
Fully deterministic approach to screening provides explainable and transparent compliance decisions.
Flexible deployment options
FacctShield can be deployed as a SaaS solution via 25+ secure hosting locations, supported by open standard APIs.
Designed for connection with FacctList watchlist management and an institution’s preferred case management infrastructure.