Get up to speed on how instant payment networks operate, managing high-volume payment intermediaries, implications of ISO20022, and what it all means for the business strategy and sanctions screening response. Our panel will examine how sanctions programs are continuing to increase in complexity and the resulting implications for ensuring the robustness of screening processes. We will scrutinize how the extent of high velocity instant payments, along with increasing values and volumes of such payments, are impacting risk-based thinking in determining which instant payments should be screened. We will explore opportunities for improving data quality and completeness, lessons in how to reduce false positives and avoid excessive backlogs, plus horizon scanning on how sanctions screening teams are leaning into technology solutions. 

Moderator:
Sam Cousins, CGSS, Senior Associate - Sanctions, Ransomware and Risk, ACAMS

Presenters:
Andrew Jensen, Managing Director and Global Head of Sanctions, TD Bank

Adam McLaughlin, Head of Strategy & Marketing, AML, NICE Actimize

Francisco Rapp, Chief Sanctions Officer, Citi