Nasdaq Verafin has entered a global partnership with Fincom to provide real-time sanctions screening to support wire, ACH and instant payment channels – reducing sanction-related alert rates to less than 5 percent.
Fincom’s solution is highly complementary to Nasdaq Verafin’s real-time payment fraud solutions, where its advanced capabilities enhance Nasdaq Verafin’s sanctions screening capabilities by providing real-time interdiction for sanctions across multiple payment channels with sub-second speed.
