Payment Screening
Safeguard Transactions with Advanced Screening Solutions
FIRA AML platform’s Payment Screening module empowers organizations to detect and block high-risk or unauthorized payments before they are processed. Every transaction is screened against up-to-date sanctions lists, watchlists, and other regulatory databases in real time.
To put it simply
Enhance Security with Real-Time Transaction Screening
Screen payments against global sanctions lists, PEPs, and adverse media sources.
Identify and flag high-risk transactions before processing to prevent financial crime.
Ensure compliance with regulatory requirements by automating screening processes.
Key Features
Real-Time Payment Screening
Instantly check every payment against global sanctions and high-risk entities lists at the time of transaction
Global Coverage
Access continuously updated international databases, including Dow Jones, LSEG, OFAC, UN, EU & HMT sanctions lists
Customizable Parameters
Adjust matching sensitivity and rules to fit your risk appetite.
Automated Risk Alerts
Receive immediate alerts when a transaction matches a watchlist or other risk criteria.
Seamless Workflow Integration
Embed the screening process into your existing payment flow with minimal impact on operations.
Enhanced Accuracy
Utilize advanced matching algorithms to improve name matching and reduce false positives.
Benefits