Regulate Enhance Due Diligence with Real-Time Watchlist Screening in Banks
Real-time watchlist screening in bank solutions has become essential in enhancing due diligence efforts, especially in today’s rapidly unfolding economic turf. A September 2023 survey revealed that credit card fraud was the most commonly reported financial cybercrime, affecting 64% of American adults. The breach of financial data and account hacking followed closely, which highlights the growing risks…