FinScan adds stablecoin screening to payments solution

Payment news: a digital wallet and stablecoin payments screening for global Anti Money Laundry - AML - and sanctions compliance has been launched

Anti Money Laundry AML refers to the laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income. Yesterday, FinScan®, provider of advanced anti-money laundering (AML) and sanctions screening solutions from Innovative Systems, announced that its FinScan Payments solution now supports screening for stablecoin transactions and digital wallets across global sanctions lists, alongside…

FinScan adds stablecoin screening to Payments platform

FinScan extends Payments platform to screen stablecoin transfers and digital wallets, aiming to give firms one compliance setup across all rails.

FinScan adds stablecoin screening to payments solution

FinScan has announced that its payments platform now covers stablecoin transactions and digital wallet screening for global compliance purposes. The update to FinScan Payments extends its existing capabilities to include stablecoin transactions and digital wallet addresses, screening them against major global sanctions lists. These include lists maintained by OFAC, Israel’s NBCTF, Japan’s Ministry of Finance, the UK Sanctions List, and the Unit…

FinScan expands AML screening to digital wallets

FinScan has expanded its FinScan Payments solution to include screening for stablecoin transactions and digital wallet addresses across global sanctions lists. The updated solution allows firms to screen stablecoin payments and digital wallets alongside traditional payment rails within a single compliance framework, removing the need for additional vendors or system integrations. Every payment is screened simultaneously against sanctions, politi…