In an effort to remain compliant—and profitable—modern companies have adopted real-time sanctions screening as a battle-tested best practice. For those businesses that do not update and rescreen their clients and vendors in a timely manner, this increased risk necessitates retroactive screening. With these efforts comes 2 challenges: scaling up and reducing false positives.
Director of product management for CSI Regulatory Compliance Group Rosalie Griebel shares why these challenges should not be overlooked and a solution to overcoming them.
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