Enhancing Payment Security: Fides Sanction Screening Solution

Sanction screening is critical for businesses to ensure compliance and avoid penalties. As global regulatory requirements tighten, companies need a reliable and efficient solution to safeguard their transactions. Fides offers a comprehensive sanction screening system, seamlessly integrated with our multibanking solutions, that simplifies compliance processes for corporates worldwide.

What is Sanction Screening?

Sanction screening automatically checks payments against global sanction lists, ensuring compliance with local and international regulations. It provides real-time screening, flags suspicious transactions, and helps organizations avoid blocked funds or financial penalties. Fides offers integrated sanction screening within our payment and messaging solutions, ensuring your treasury always operates with up-to-date compliance checks.

Why Choose Fides for Sanction Screening?

Fides pre-screens all transactions before they are sent to the banks. Our sanction filtering capabilities help manage and mitigate payment fraud, reducing financial and reputational risk. This includes daily updates on OFAC and other sanction lists, ensuring compliance across all transactions, along with comprehensive security protocols to prevent fraud.

To ensure continuity of your transaction processing, Fides’ sanction filtering capabilities are included in the core solution, allowing clients to minimize the risk of liquidity loss, blocked funds, and other disruptions.

Fides’ sanction screening features include:

• Efficiency and Accuracy: Transactions are screened quickly without disrupting payment processing.
• Comprehensive Coverage: Access to multiple global sanction lists for thorough compliance.
• Seamless Integration: Easily integrates with existing systems, saving time and resources.
• Proven Reliability: Trusted by thousands of companies worldwide, with a strong track record in security and compliance.

Who Is Fides Sanction Screening For?

Fides’ sanction screening is tailored for corporates, financial institutions, and any organization managing payments. It is ideal for treasury teams who need to streamline compliance without disrupting their payment workflows.

What Can Fides Sanction Screening Do for My Transactions?

• Automated Screening: Transactions are checked automatically against multiple global sanction lists, ensuring real-time compliance.
• Real-Time Alerts: Suspicious activities are flagged immediately, allowing swift action.
• Seamless Integration: Works within the Fides ONEHub platform, enabling easy monitoring and management of all transactions from a single interface.
• Scalability: Supports businesses of all sizes, from small enterprises to large multinational corporations.

With Fides Sanction Screening, companies can navigate the complexities of global compliance with ease. By automating the process and providing real-time alerts, businesses can focus on growth while remaining secure and compliant. Discover how Fides can help streamline your payment processes and enhance security.

Interested in learning more? Visit our website or book a demo and see how Fides’ integrated sanction screening can protect your business.

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to the principles of Open Banking, making treasury and financial operations as efficient, transparent and secure as possible for all organizations.

Fides provides everything organizations need for efficient cash and liquidity management, all through a single platform — along with connectivity to more than 13,000 financial institutions through an unmatched range of methods and channels. Thousands of companies around the globe rely on Fides’ connectivity capabilities and comprehensive workflow, reporting, conversion, validation and security services, for their own businesses and for extending services to their clients.

Whether you access via the secure Fides ONEHub or take advantage of our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.