FCRM Real-Time OFAC Integration
To ensure compliance with OFAC watch list regulations, the Financial Crime Risk Management (FCRM) solution that integrates with Fiserv’s AML Manager Application enables institutions to validate official check payees or transacting person CIF information in real time.
Benefits
Customer data (transacting person) and/or non-customer data (official check payee) can be sent in real time when an official check payee or transacting person is entered on the usability Transaction Express screen for validation against watch lists to ensure compliance with the Office of Foreign Assets Control (OFAC) regulations.
App Information
- Version
- 24.3.0.0 - Published December 2024
Support
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DNAapp Type: Product Integration
Developed with DNAcreator™
Technical Name - FCRM_OFAC
DNAX File Name: FCRM_OFAC.dnaxp
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