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Addressing the sanctions screening challenges of the new EU instant payments regulation – A customer screening perspective.
This new White Paper by Neterium "Addressing the sanctions screening challenges of the new EU instant payments regulation – A customer screening perspective.” explores the specific challenges of customer screening introduced by the EU Regulation 2024/886.
Building on our April 2024 paper, “Sanctions screening for instant payments – A technology perspective”, this new White Paper by Neterium "Addressing the sanctions screening challenges of the new EU instant payments regulation – A customer screening perspective” explores the specific challenges of customer screening introduced by the EU Regulation 2024/886.
The recently introduced EU Regulation 2024/886 requires financial institutions to screen customers immediately upon new sanctions and at least once daily. This presents significant operational challenges, especially for institutions relying on legacy systems that we detail in this White Paper.
To stay compliant, financial institutions need to adopt modern screening solutions that offer:
- Fast, automated data updates
- Real-time customer screening
- Reduced false positives
- Scalable infrastructure
Read our latest White Paper and discover the path to faster, scalable, and compliant customer screening solutions with Neterium!