The expansion of global watchlists and a tightening regulatory framework creates many challenges for organisations. The need to rapidly adhere to regulatory directives and updated Sanctions lists across all business lines and territories can be burdensome and complex, with serious financial and reputational consequences for non-compliance. The threat landscape for global payments has grown in reach, volume and complexity. Anti-money laundering, sanctions obligations and fraud detection are part of a broad compliance challenge across payments and trade finance. Recent breaches at financial institutions across multiple regions have resulted in severe financial losses and hefty fines due to weaknesses in financial crime prevention controls.

• Applies OCR technology to extract relevant information with highest accuracy.
• Leverages AI discipline of Natural Language Processing to derive meaning and understanding across all trade instruments and messages.
• Performs document consistency checks across multiple trade documents.
• Able to detect anomalous trade items subject to dual-use embargoes.

Payments Fraud Prevention

• Payments Fraud prevention for High Value, Funds Transfer, Instant Payments, and OpenBanking environments.
• Uses AI and biometric analysis to detect fraud and cyber-security threats.
• Supports strong customer authentication (SCA) using transactional risk analysis tool.
• High throughput/low latency solutions provider certified to support real-time schemes.