FinScan enhances real-time payment screening solution
10 March 2025 US
Image: stock.adobe.com/mandritoiu
Innovative Systems has enhanced its payment screening solution, FinScan Payments, to improve payments risk reviews and to accelerate payment workflows.
The solution will integrate with payment ecosystems to support faster global payment operations.
The firm says that the enhancement seeks to address the high levels of reliance on legacy AML technology that are not aligned with real-time settlement workflows.
Deborah Overdeput, chief marketing officer of Innovative Systems, says: “To keep pace with evolving payments, organisations must streamline workflows, update their screening solutions, customise watchlists, and execute compliance checks in milliseconds with accurate results for instant payments.
“FinScan Payments empowers FIs, neobanks, PayFacs, fintechs, and other organisations to block high-risk transactions in real time, facilitating compliance without delays.”
The solution will integrate with payment ecosystems to support faster global payment operations.
The firm says that the enhancement seeks to address the high levels of reliance on legacy AML technology that are not aligned with real-time settlement workflows.
Deborah Overdeput, chief marketing officer of Innovative Systems, says: “To keep pace with evolving payments, organisations must streamline workflows, update their screening solutions, customise watchlists, and execute compliance checks in milliseconds with accurate results for instant payments.
“FinScan Payments empowers FIs, neobanks, PayFacs, fintechs, and other organisations to block high-risk transactions in real time, facilitating compliance without delays.”
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