What’s future for 2018?
In 2018, partnership and collaboration can still be important success factors within the fight against monetary crime. To with success tackle monetary crime, the trade desires access to the proper info. And banks have to be compelled to work with one another, with regulators and enforcement authorities to share monetary intelligence and permit the effective investigation of criminal activities after they arise.
We’re already seeing the business pull along to style a lot of robust and effective cybersecurity measures, as banks develop richer fraud management and watching environments to tackle crime.
And a want to enhance the effectiveness and potency of banks’ monetary compliance efforts was a powerful message detected across compliance.
Supporting your compliance needs
Financial crime compliance continues to be a key priority and that we are building on our portfolio to fulfill evolving trade wants, with an increasing concentrate on sanctions, analytics and fraud prevention solutions.
Name Screening Batch: the addition of batch screening to SWIFT’s existing Name Screening service is a key development in the space of anti-money laundering checks
Fraud detection: a period fraud detection capability, Payment Controls, will be launched mid-2018 as a part of our client Security Programme
Continued product upgrades are tailored to the requirements of our community and serving to to drive efficiency