Brought to you by FinCrime World Forum
Sponsored by: NapierWEBINAR SUMMARY
Tuesday 13th July
BST: 10am - 11am
CEST: 11am - 12pm
JST: 6pm - 7pm
Everyday millions, if not billions, of transactions flow through the financial system. At the same time the consumer and commercial demand for instant payments is increasing, shrinking the transaction processing window.
Global anti-money laundering and sanctions regulations place increasingly complex obligations on financial institutions, which require more evidence to support decisions and greater transparency of the technology used for screening.
Consumer demand for a seamless payment experience is also driving a need for instant payments.
But existing screening technology is currently only adequate for yesterday’s problems and yesterday’s smaller transaction volumes. It is fraught with high volumes of false positives and has challenges in scaling to the demands of tomorrow’s business needs.
Ultimately there is no assurance this technology is up to the task of supporting instant payments. But the reality is, instant payments need instant screening.
How can we achieve this:
Key takeaways for the audience:
Format: 45 minute presentation, 15 minute live audience Q&A