Introduction
Transaction screening is the process of checking financial transactions against watchlists, such as sanctioned entities, politically exposed persons (PEPs), and adverse media, to identify and prevent illegal or high-risk activities like money laundering or terrorism financing.
How It Works?
- Initiate Transaction:
- You send us just the sender and receiver name in the screeningData object when Submitting a transaction. See Submitting Transactions Section
- Perform Checks:
- We perform checks against a comprehensive database of records, including sanctioned lists, PEP lists, adverse media, and more.
