Topics: OFAC

Fiserv Launches New IAT Watch List Filtering SolutionFebruary 01, 2010Fiserv launches new IAT Watch List Filtering solution; monitoring tool helps financial institutions comply with new NACHA IAT rules.
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Banks Told to Prep for New International ACH RulesApril 28, 2008NACHA rule for international ACH payments improves OFAC compliance.
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Enterprise Payments Architectures Are Gaining Ground at BanksApril 24, 2008Building an enterprise payments architecture is a huge undertaking, but one that may be necessary to remain competitive in the payments business. Banks are starting to turn their dreams of a holistic payments system into a reality -- improving efficiency,
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Bankers See SEPA Benefits, But Most Not Ready to Make TransitionOctober 31, 2006Accenture's SEPA survey reveals an industry that sees a brighter future, but also harbors doubts about how to get there.
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Recent RolloutsAugust 30, 2005
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Bringing It All Together June 30, 2005BPM helps Sumitomo consolidate customer views, improve compliance.
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New Products: Carreker Catches Double IRDs, and moreJune 01, 2005Carreker Catches Double IRDs; Metavante Suite Offers Interoperability; IntegraSys Wire Transfer Solution
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Limited OFAC Resources Put Bankers on HoldMarch 04, 2005Not enough employees and too many filings makes automated service a necessity for Treasury agency.
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Electronic Payments Network to Launch OFAC Screening ServiceApril 06, 2004EPN intends to offer OFAC screening capabilities to U.S.-based financial institutions.
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Clearing the Air June 03, 2002CLS promises to mitigate much of the counterparty risk involved with settling high-value interbank payments.
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Risk Management Key To Foiling Terrorist Plots November 06, 2001Questions persist about whether routine efforts to recognize and communicate potential warning signs could have averted disaster.
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BANKS NEED TO UPGRADE OFAC PROCEDURES IN WAKE OF ATTACKSSeptember 20, 2001The U.S. Treasury's Office of Foreign Assets Control, or OFAC, list of individuals and companies with terrorist ties grows in size every day, and is now too long for banks to notice suspect names with only cursory inspections.
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Cleaning House May 15, 2001Bankers hope new technology and internal initiatives wash away money laundering woes.
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