Sanction Scanner

Sanction Scanner is a comprehensive tool designed to help businesses and financial institutions comply with global and local anti-money laundering (AML) regulations by efficiently scanning customers against a vast array of sanctions lists. The app leverages AI to collect and structure over 3,000 sanctions and watchlists worldwide, enabling users to search for individuals based on identifiers such as names, ID numbers, or passport numbers. This capability significantly reduces the occurrence of false positives, ensuring more accurate results.

Key features of Sanction Scanner include its ability to update lists regularly, with new information added every 15 minutes, ensuring that users have access to the most current data. The app also offers advanced search features like "Search by A.K.A." and "Search by Original Script," which enhance search capabilities and reduce the likelihood of missing relevant matches. Sanction Scanner covers a wide range of sanction lists, including those from the United Nations, U.S. Consolidated Sanctions, OFAC Specially Designated Nationals (SDN) list, and EU Financial Sanctions.

By automating the process of scanning customers against sanction lists, Sanction Scanner helps businesses detect risk threats efficiently and maintain compliance with AML requirements. Its comprehensive data coverage and advanced search functionalities make it a valuable tool for organizations seeking to mitigate financial crime risks while ensuring regulatory compliance.