This is a list of customer profiles or individual attributes such as mailing address, email or phone number that have been identified by you or your organisation as being fraudulent. Once a profile is added to your internal blocklist, new potential customers with matching information will be blocked from future attempts to onboard and open an account.
Sanctions lists are external lists created by governments and international authorities of known sanctioned individuals or businesses around the world. Sanctions checks are performed as part of the PEP/Sanctions check and the results of this check are found in the PEP/Sanctions tab. New potential customer's details are checked against pre-defined lists as set up in your initial configuration
The internal watchlist allows you to ‘flag’ or mark a customer/profile in your system as Watchlisted.
This adds an extra risk factor to the customer’s risk score. The result of this will move the customer into a higher risk bracket, and therefore further checks may need to be run when changes are made to the customer’s profile.
Updated 1 day ago