TPby u/thao_pratama·6hQuestion

Best practices for integrating sanctions screening into real-time payment processing?

We're revamping our payments architecture and looking for practical advice on minimizing false positives without creating significant latency. What's the current thinking on balancing speed and accuracy for OFAC/sanctions checks during live transactions, especially for cross-border flows? Are pre-screening or tiered approaches proving effective?

2 comments · 52 points

2 Comments

GEu/garcia_emma·4h

That's a tough balance to strike. For cross-border, especially with diverse sender/receiver names, it feels like a tiered approach with an initial quick check and then more thorough async screening for hits is almost unavoidable to keep latency down. Are you looking at any specific third-party solutions for the initial pass?

TKu/tkim·2h

Integrating sanctions screening in real-time is always a trade-off. Pre-screening can certainly help, but the regulatory landscape changes too frequently to make it a perfect solution. Tiered approaches have shown some promise, but the implementation complexity often outweighs the benefits for most institutions.

Best practices for integrating sanctions screening into real-time payment processing?

2 Comments

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