Popular on TelAve
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- IQSTEL Surges Toward $400M Run Rate with $101.5M in Revenue—Reinforces Billion-Dollar Vision Backed by Fintech, AI, and Cybersecurity
Similar on TelAve
- Exelon Leader Tamla Olivier Named 2025 Technologist of the Year by Waves of Change STEM Conference
- Be Part of the World's Largest Art Biennale | Moons, Castles, Trees | Copenhagen Chronotopes
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape
- Rent Like A Champion Acquires CollegeWeekends
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
- Yasmine Roulleau named Managing Director in Vancouver, Canada
- $53 Million Company Valuation Investment with Majority Acquisition Option, Plus New Stock CUSIP Supporting Brand Transition of Fan Engagement Company
- $14M Deal with Famed David Lloyd for Sports, Entertainment & Gaming, AI Powered Fan Engagement Company; New Stock CUSIP; Creating Shareholder Value
KYC2020 announces the release of SanctionWatch™
TelAve News/10768018
The Persistent Monitoring service makes it easy to stay AML compliant with daily OFAC and global sanction list changes
CHICAGO - TelAve -- KYC2020, a leader in Global Watchlist, PEP, and Negative News Screening for AML Compliance, today announced a new add-on service for DecisionIQ, its SaaS advanced screening platform. The service, SanctionWatch™, will make it easy for regulated entities to Get compliant and then STAY compliant with daily persistent and automatic monitoring of OFAC and other global sanction lists.
With the rise of challenger banks, buy now pay later services, cryptocurrencies, international remittance services and digital payment tools, organizations are facing increased regulatory pressure around the world to continuously monitor their customers against the ever-changing global sanction lists.
SanctionWatch™ enables KYC2020's customers to create whitelists that are encrypted for data privacy and are continuously monitored against daily OFAC and sanction list changes. The customer is alerted via API Notifier, Email, or Web UI if a sanction is imposed on any member of the whitelist. The sophistication and AI-powered smarts of DecisionIQ is used for screening to avoid alerts on previously cleared hits or generating new false positives. SanctionWatch™ is designed to exceed AML regulatory requirements while improving operational efficiencies.
More on TelAve News
"Getting compliant is painful - staying compliant should not be more painful", said Rajeev Bahri, Head of Product and CEO of KYC2020. "If onboarding systems are a high manual effort, ongoing monitoring systems are worse. Ongoing monitoring systems for banks are 'gigantic money furnaces', I am confident we are solving this problem with the launch of SanctionWatch™.
For a limited time SanctionWatch™ will be included for FREE as part of select annual plans. The service is accessible via the DecisionIQ API or Web UI. To learn about how KYC2020 reduces the overall cost of AML compliance, kyc2020.com. or email us at sales@kyc2020.com
ABOUT KYC2020
KYC2020 is an industry leader in AML compliance technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanction, PEP and Adverse Media screening and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of compliance. For more information, visit kyc2020.com.
More on TelAve News
With the rise of challenger banks, buy now pay later services, cryptocurrencies, international remittance services and digital payment tools, organizations are facing increased regulatory pressure around the world to continuously monitor their customers against the ever-changing global sanction lists.
SanctionWatch™ enables KYC2020's customers to create whitelists that are encrypted for data privacy and are continuously monitored against daily OFAC and sanction list changes. The customer is alerted via API Notifier, Email, or Web UI if a sanction is imposed on any member of the whitelist. The sophistication and AI-powered smarts of DecisionIQ is used for screening to avoid alerts on previously cleared hits or generating new false positives. SanctionWatch™ is designed to exceed AML regulatory requirements while improving operational efficiencies.
More on TelAve News
- Rent Like A Champion Acquires CollegeWeekends
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
- Seligson Law Launches New Website to Support Cannabis Businesses in California and New York
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
"Getting compliant is painful - staying compliant should not be more painful", said Rajeev Bahri, Head of Product and CEO of KYC2020. "If onboarding systems are a high manual effort, ongoing monitoring systems are worse. Ongoing monitoring systems for banks are 'gigantic money furnaces', I am confident we are solving this problem with the launch of SanctionWatch™.
For a limited time SanctionWatch™ will be included for FREE as part of select annual plans. The service is accessible via the DecisionIQ API or Web UI. To learn about how KYC2020 reduces the overall cost of AML compliance, kyc2020.com. or email us at sales@kyc2020.com
ABOUT KYC2020
KYC2020 is an industry leader in AML compliance technology. The company's mission is to make AML compliance easy, effective, and affordable for enterprises of all sizes. KYC2020 provides global watchlist data, screening and decisioning solutions to over 250 global customers. Organizations rely on its platform, DecisionIQ for global Sanction, PEP and Adverse Media screening and Ongoing Monitoring. KYC2020 helps its customers speed up onboarding and stay compliant while delivering a significant reduction in manual workloads and overall cost of compliance. For more information, visit kyc2020.com.
More on TelAve News
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- Nonprofit innovator named Mensa Executive Director
- Yasmine Roulleau named Managing Director in Vancouver, Canada
- Chasing Elizabeth Taylor — The Dazzling True Story Behind the Queen of Diamonds Now Available in Limited-Edition Hardcover
Source: KYC2020
Filed Under: Technology
0 Comments
Latest on TelAve News
- ICAST 2025: The Crystal-Clear Revolution Begins at Booth #3233
- Brindle Pet Supplies Now Carries Badlands Ranch Dog Food in Canada
- $10 Million Allocated to Establish Crypto Treasury Focused on High Value Ethereum (ETH) & Bitcoin (BTC) as Long-Term Holdings for Cybersecurity Leader
- Sing For Your Supper: A Night of Musical Comedy and Drag for a Great Cause
- Cummings Graduate Institute for Behavioral Health Studies Celebrates New DBH Graduates
- $100 to $200 Million Equity Agreement with Top Digital Advisor Bitwise to Power Major Digital Asset Initiative for Bitcoin and Solana: OFA Group
- New Collaboration Launches Corporate ESG Solution for Responsible Decommissioning and Transparent Reporting
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- Cellhire boosts its EE offering via deal with BT Wholesale's Complete Mobile
- 24/7 customizable AI answering service from Kell Web Solutions, Inc. helps businesses never miss a customer call, lead, or appointment again
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- Next-generation virtual receptionist service leverages AI to ensure every customer call and text is answered, enhancing efficiency and engagem
- New AI-Powered Platform from Kell Web Solutions Delivers 24/7 Professional, Automated Call Handling and Appointment Scheduling
- Pyro Marketing Launches New Website to Accelerate Growth for Fitness Brands
- KCON LA 2025, 106.3 RAIN FM 'Take Over' Special Event
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Blake Harris the Leading Authority in International Asset Protection Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety