Sanctions, Watchlists and PEPs screening

Migrate fraud and risk with Fully-Verified

Sanctions, Watchlists and PEPs screening

 

 

Businesses around the world are exposed every day to a growing risk of financial crimes. In response to those threats, every country implements strict AML compliance regulations.

At Fully-Verified, we offer customer identity verification services tailored to your business’s needs. We want to offer your business only what’s the best – solutions that replace traditional, manual methods which are costly and time-consuming. That’s why we’ve added Sanctions, Watchlist and PEP checks to our list of services. 

 

 

Why your business may need it?

 

Sanctions, Watchlist and PEP checks can be included as a part of your customer onboarding processes or performed at any point of your ongoing business relationship.

 

Sanctions and Watchlists

 

 

Fully-Verified Sanctions and Watchlists checks allow you to determine who is and who is not appropriate to do business with. It includes lists issued by governments and financial authorities. We currently check over 350 databases around the world.

 

 

Fully-Verified coverage includes:

– Individuals and organisations sanctioned by the United States and other governments.

– Legal enforcement data about individuals and firms who have been or are wanted by national and international law enforcement bodies in connection with criminal activity.

 

 

 

 

 

Politically Exposed Persons

 

 

A politically exposed person (PEP) is an individual who is or has been entrusted with a prominent function by a governmental body. Many PEPs hold positions that can be abused to launder illicit funds and make them more liable to corruption or bribery

 

Businesses need to be aware which of their potential customers with is a PEP and as such may involve higher risk.

 

 

 

 

For whom?

Any business that wants to know who they are dealing with: Banking, Payments, Crypto, Lending, Insurance and more.

 

 

How?

For an additional fee, Fully-Verified adds automated Sanctions, Watchlist and PEP screening as a part of your customer’s identity verification process. We integrate those checks with our identification processes to offer a full onboarding solution.

 

 

 

  • Frictionless and easy onboarding, without wasting time and potential revenue.
  • Accuracy.
  • Reduced costs.
  • Services tailored to your risk-based approach.

 

Ask here to receive the complete list of covered databases.