Are Manual Processes and Outdated Data Putting Your Compliance at Risk?
Streamline compliance with efficient processes and updated data, reducing risk and enhancing accuracy in your operations.
Manual, Inefficient Screening Processes
Paper-based checks and spreadsheet workflows slow onboarding, inflate costs, and leave you exposed to missed sanctions hits.
Outdated or Incomplete Sanctions Data
Relying on static lists means new designations can slip through, increasing regulatory and reputational risk.
High False-Positive Rates
Imprecise matching triggers excessive alerts, overloading analysts and delaying legitimate customer transactions.
Fragmented Systems
Disparate tools prevent a 360° view of entity risk, making it hard to investigate, report, and remediate efficiently.
Revolutionize Compliance with Advanced Screening Solutions
Ensure compliance and reduce risk with FraudNet's real-time screening and accurate risk scoring solutions.
Global Sanctions & Watchlist Screening
Check every entity against updated global lists in real time.
AI-Native Name Matching & Risk Scoring
Fuzzy matching and context scoring slash false positives.
Ongoing Monitoring & Alerts
Receive instant alerts when new risks emerge post-onboarding.
Compliance-Ready Reporting
Generate audit trails and exportable reports in one dashboard.
AI-Native Precision
FraudNet’s AI-native precision drastically reduces false positives, enabling your team to concentrate on real threats. Optimize your resources and enhance efficiency by minimizing distractions from irrelevant alerts.
Unified Compliance Dashboard
Effortlessly manage screening, investigations, and compliance reporting with FraudNet's unified dashboard. Eliminate inefficient workflows and reduce review times, allowing your team to focus on what's essential—protecting your business and ensuring seamless operations.
Real-Time, Global Coverage
Stay ahead of emerging threats with real-time access to global sanctions, watchlists, and adverse media. Monitor new and existing entities instantly as data changes, ensuring your compliance and safeguarding your reputation.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
Speak with our Solutions Expert Today
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FAQs
What is Sanctions Screening Software?
Sanctions Screening Software is a tool used by financial institutions and businesses to identify and prevent transactions involving individuals, entities, or countries that are subject to economic sanctions. The software compares transaction data against updated sanctions lists to ensure compliance with international regulations and to mitigate the risk of engaging in prohibited activities.
Why is Sanctions Screening important?
Sanctions Screening is crucial for compliance with international laws and regulations. It helps organizations avoid fines and penalties by ensuring they do not engage in prohibited transactions. By screening for sanctioned entities, businesses also protect their reputation and contribute to global efforts against money laundering, terrorism financing, and other illicit activities.
How does Sanctions Screening Software work?
Sanctions Screening Software uses algorithms to compare customer and transaction data against various sanctions lists, such as those from the UN, EU, and OFAC. The software identifies matches and generates alerts for potential hits, enabling compliance teams to review and investigate these cases further. It often includes features like fuzzy matching and risk scoring to improve accuracy.
What are some common features of Sanctions Screening Software?
Common features include real-time screening, batch processing, fuzzy matching, risk scoring, customizable rules, audit trails, and integration with other compliance systems. The software often provides automated alerts and reporting capabilities to streamline the compliance process and ensure timely responses to potential matches.
How often are sanctions lists updated in the software?
Sanctions lists are typically updated in real-time or at regular intervals, such as daily or weekly, depending on the software provider. Regular updates are crucial to ensure that the software reflects the most current sanctions and compliance requirements. This helps organizations remain compliant and avoid inadvertently engaging in prohibited transactions.
Can Sanctions Screening Software handle false positives?
Yes, Sanctions Screening Software is designed to handle false positives by using advanced matching algorithms and risk scoring. Compliance officers can review alerts to differentiate between true matches and false positives. Some software solutions offer machine learning capabilities to improve accuracy over time and reduce the occurrence of false positives by learning from past reviews and decisions.