End-user protection
Fraud prevention
Sanctions are typically a set of measures created by a state or international organisation that involve a ban on trade or financial transactions.
Sanctions are typically a set of measures created by a state or international organisation that involve a ban on trade or financial transactions. Sanctions are typically on individuals and legal entities, prohibiting trade or financial transactions by nationals of the imposing country and legal entities incorporated there.
For financial institutions (and all companies), the practical issue of Know Your Customer (KYC) is a challenge. They need to discover whether their international partners may be affected in any way by a sanction regime.
Sanctions are typically a set of measures created by a state or international organisation that involve a ban on trade or financial transactions. Sanctions are typically on individuals and legal entities, prohibiting trade or financial transactions by nationals of the imposing country and legal entities incorporated there.
For financial institutions (and all companies), the practical issue of Know Your Customer (KYC) is a challenge. They need to discover whether their international partners may be affected in any way by a sanction regime.
ITN provides sanction list filtering based on innovative technologies that make the processing of list publications extremely fast and the data is then immediately available to financial systems (core banking systems). The data can be used in real time by the rule engines.
