Watchlist Management
FacctShield - Transaction Screening Software
FacctShield - Transaction Screening Software
FacctShield - Transaction Screening Software
Banks process large volumes of payments every second, from domestic transfers to complex cross-border settlements. Each transaction carries potential sanctions, financial crime, or high-risk exposure. Real-time screening is essential for preventing prohibited activity, avoiding regulatory penalties, and maintaining operational continuity. FacctShield is Facctum’s dedicated transaction screening solution. It delivers fast, accurate, and explainable checks across all payment channels, enabling banks to detect risk before funds move.
Why Banks Need Real-Time Transaction Screening
Why Banks Need Real-Time Transaction Screening
Why Banks Need Real-Time Transaction Screening
Regulators expect banks to apply sanctions and risk screening before payment execution. Standards outlined in the FATF methodology for AML effectiveness and expectations from the European Banking Authority emphasise real-time detection, strong data quality, and clear auditability. Transaction screening protects banks from facilitating prohibited payments and helps maintain compliance across correspondent banking, local clearing systems, and international rails.
Regulators expect banks to apply sanctions and risk screening before payment execution. Standards outlined in the FATF methodology for AML effectiveness and expectations from the European Banking Authority emphasise real-time detection, strong data quality, and clear auditability. Transaction screening protects banks from facilitating prohibited payments and helps maintain compliance across correspondent banking, local clearing systems, and international rails.
Regulators expect banks to apply sanctions and risk screening before payment execution. Standards outlined in the FATF methodology for AML effectiveness and expectations from the European Banking Authority emphasise real-time detection, strong data quality, and clear auditability. Transaction screening protects banks from facilitating prohibited payments and helps maintain compliance across correspondent banking, local clearing systems, and international rails.
Operational Challenges Without Strong Payment Screening
Operational Challenges Without Strong Payment Screening
Operational Challenges Without Strong Payment Screening
Banks face numerous obstacles when transaction screening relies on outdated or inconsistent systems.
Banks face numerous obstacles when transaction screening relies on outdated or inconsistent systems.
Banks face numerous obstacles when transaction screening relies on outdated or inconsistent systems.
Banks face numerous obstacles when transaction screening relies on outdated or inconsistent systems.
High-Speed, High-Volume Environments
Payment engines require instant screening. Even minor delays can impact customer experience and processing SLAs.
High-Speed, High-Volume Environments
Payment engines require instant screening. Even minor delays can impact customer experience and processing SLAs.
High-Speed, High-Volume Environments
Payment engines require instant screening. Even minor delays can impact customer experience and processing SLAs.
High-Speed, High-Volume Environments
Payment engines require instant screening. Even minor delays can impact customer experience and processing SLAs.
Incomplete or Poor-Quality Payment Data
Missing remitter, beneficiary, or reference information can inflate false positives or cause screening gaps.
Incomplete or Poor-Quality Payment Data
Missing remitter, beneficiary, or reference information can inflate false positives or cause screening gaps.
Incomplete or Poor-Quality Payment Data
Missing remitter, beneficiary, or reference information can inflate false positives or cause screening gaps.
Incomplete or Poor-Quality Payment Data
Missing remitter, beneficiary, or reference information can inflate false positives or cause screening gaps.
Complex Cross-Border Requirements
Different jurisdictions apply varying sanctions rules. Banks must maintain consistent controls across all regions.
Complex Cross-Border Requirements
Different jurisdictions apply varying sanctions rules. Banks must maintain consistent controls across all regions.
Complex Cross-Border Requirements
Different jurisdictions apply varying sanctions rules. Banks must maintain consistent controls across all regions.
Complex Cross-Border Requirements
Different jurisdictions apply varying sanctions rules. Banks must maintain consistent controls across all regions.
Audit and Regulatory Pressures
Audit and Regulatory Pressures
Audit and Regulatory Pressures
Audit and Regulatory Pressures
Supervisors expect full visibility of screening logic, match explanations, and version history for each transaction.
Supervisors expect full visibility of screening logic, match explanations, and version history for each transaction.
Supervisors expect full visibility of screening logic, match explanations, and version history for each transaction.
How FacctShield Strengthens Transaction Screening
How FacctShield Strengthens Transaction Screening
How FacctShield Strengthens Transaction Screening
FacctShield delivers fast, explainable, and fully governed screening across diverse payment channels.
FacctShield delivers fast, explainable, and fully governed screening across diverse payment channels.
FacctShield delivers fast, explainable, and fully governed screening across diverse payment channels.
Watchlist Management Integration
Watchlist Management Integration
Watchlist Management Integration
Payment screening accuracy depends on reliable list governance. FacctShield uses data maintained by FacctList, Watchlist Management, ensuring timely and accurate list updates.
Payment screening accuracy depends on reliable list governance. FacctShield uses data maintained by FacctList, Watchlist Management, ensuring timely and accurate list updates.
Payment screening accuracy depends on reliable list governance. FacctShield uses data maintained by FacctList, Watchlist Management, ensuring timely and accurate list updates.
Advanced Matching and Explainability
Advanced Matching and Explainability
Advanced Matching and Explainability
FacctShield applies contextual, multilingual, and threshold-based matching. Each match includes clear reasoning and full traceability.
FacctShield applies contextual, multilingual, and threshold-based matching. Each match includes clear reasoning and full traceability.
FacctShield applies contextual, multilingual, and threshold-based matching. Each match includes clear reasoning and full traceability.
Customer and Behavioural Context
Customer and Behavioural Context
Customer and Behavioural Context
Payment alerts are enriched with customer information from FacctView, Customer Screening and behavioural insights from FacctGuard, Transaction Monitoring to support better decisions.
Payment alerts are enriched with customer information from FacctView, Customer Screening and behavioural insights from FacctGuard, Transaction Monitoring to support better decisions.
Payment alerts are enriched with customer information from FacctView, Customer Screening and behavioural insights from FacctGuard, Transaction Monitoring to support better decisions.
Integrated Alert Handling
Integrated Alert Handling
Integrated Alert Handling
Screening outcomes flow directly into Alert Adjudication, where investigators can review evidence, apply reasoning codes, and document outcomes.
Screening outcomes flow directly into Alert Adjudication, where investigators can review evidence, apply reasoning codes, and document outcomes.
Screening outcomes flow directly into Alert Adjudication, where investigators can review evidence, apply reasoning codes, and document outcomes.
Why Banks Choose FacctShield for Transaction Screening
Why Banks Choose FacctShield for Transaction Screening
Why Banks Choose FacctShield for Transaction Screening
Banks choose FacctShield for its ability to deliver accurate, regulatory-aligned screening at enterprise scale.
Banks choose FacctShield for its ability to deliver accurate, regulatory-aligned screening at enterprise scale.
Banks choose FacctShield for its ability to deliver accurate, regulatory-aligned screening at enterprise scale.
Banks choose FacctShield for its ability to deliver accurate, regulatory-aligned screening at enterprise scale.
Instant, Real-Time Decisioning
FacctShield handles high payment volumes with low latency, supporting immediate execution across domestic and cross-border rails.
Instant, Real-Time Decisioning
FacctShield handles high payment volumes with low latency, supporting immediate execution across domestic and cross-border rails.
Instant, Real-Time Decisioning
FacctShield handles high payment volumes with low latency, supporting immediate execution across domestic and cross-border rails.
Instant, Real-Time Decisioning
FacctShield handles high payment volumes with low latency, supporting immediate execution across domestic and cross-border rails.
Reduced False Positives
Reduced False Positives
Configurable matching, clean list data, and contextual insights reduce unnecessary alerts and operational workload.
Reduced False Positives
Configurable matching, clean list data, and contextual insights reduce unnecessary alerts and operational workload.
Reduced False Positives
Configurable matching, clean list data, and contextual insights reduce unnecessary alerts and operational workload.
Reduced False Positives
Configurable matching, clean list data, and contextual insights reduce unnecessary alerts and operational workload.
Strong Regulatory Alignment
Expectations from bodies including the Financial Conduct Authority and the Bank of England prudential supervision framework require strong documentation, explainability, and traceability. FacctShield supports these expectations with full audit trails.
Strong Regulatory Alignment
Expectations from bodies including the Financial Conduct Authority and the Bank of England prudential supervision framework require strong documentation, explainability, and traceability. FacctShield supports these expectations with full audit trails.
Strong Regulatory Alignment
Expectations from bodies including the Financial Conduct Authority and the Bank of England prudential supervision framework require strong documentation, explainability, and traceability. FacctShield supports these expectations with full audit trails.
Strong Regulatory Alignment
Expectations from bodies including the Financial Conduct Authority and the Bank of England prudential supervision framework require strong documentation, explainability, and traceability. FacctShield supports these expectations with full audit trails.
Connected AML Ecosystem
Connected AML Ecosystem
FacctShield integrates with list management, customer screening, monitoring, and adjudication to provide a unified AML control environment.
Connected AML Ecosystem
FacctShield integrates with list management, customer screening, monitoring, and adjudication to provide a unified AML control environment.
Connected AML Ecosystem
FacctShield integrates with list management, customer screening, monitoring, and adjudication to provide a unified AML control environment.
Connected AML Ecosystem
FacctShield integrates with list management, customer screening, monitoring, and adjudication to provide a unified AML control environment.
Use Cases Tailored to Banks
Use Cases Tailored to Banks
Use Cases Tailored to Banks
Banks apply FacctShield across a wide range of payment flows.
Banks apply FacctShield across a wide range of payment flows.
Banks apply FacctShield across a wide range of payment flows.
Domestic and Real-Time Payments
Domestic and Real-Time Payments
Domestic and Real-Time Payments
Instant payments require ultra-low latency screening to prevent delays.
Cross-Border and Correspondent Banking
Cross-Border and Correspondent Banking
Cross-Border and Correspondent Banking
FacctShield applies consistent rules across jurisdictions, ensuring compliance throughout complex payment chains.
High-Risk Payment Patterns
High-Risk Payment Patterns
High-Risk Payment Patterns
Payments linked to high-risk sectors, geographies, or customers receive deeper contextual analysis.
Bulk and Batch Processing
Bulk and Batch Processing
Bulk and Batch Processing
FacctShield screens batch files with the same precision and explainability as individual payments.
Core Capabilities for Real-Time Transaction Screening
Core Capabilities for Real-Time Transaction Screening
Core Capabilities for Real-Time Transaction Screening
FacctShield provides advanced tools to help banks maintain control and efficiency.
FacctShield provides advanced tools to help banks maintain control and efficiency.
FacctShield provides advanced tools to help banks maintain control and efficiency.
Configurable Matching and Thresholds
Configurable Matching and Thresholds
Configurable Matching and Thresholds
Banks can tune matching sensitivity based on risk appetite and operational needs.
Data Quality Controls
Data Quality Controls
Data Quality Controls
FacctShield validates incoming payment data and identifies incomplete or inconsistent fields.
FacctShield validates incoming payment data and identifies incomplete or inconsistent fields.
FacctShield validates incoming payment data and identifies incomplete or inconsistent fields.
Full Auditability and Version Control
Full Auditability and Version Control
Full Auditability and Version Control
Every list version, screening rule, and decision is logged for audit and regulatory review.
Every list version, screening rule, and decision is logged for audit and regulatory review.
Every list version, screening rule, and decision is logged for audit and regulatory review.
API-First Integration
API-First Integration
API-First Integration
Banks can embed FacctShield into payment hubs, core banking systems, and channel applications through API connectivity.
Banks can embed FacctShield into payment hubs, core banking systems, and channel applications through API connectivity.
Banks can embed FacctShield into payment hubs, core banking systems, and channel applications through API connectivity.
Transaction Screening FAQs for Banks
Transaction Screening FAQs for Banks
Transaction Screening FAQs for Banks
Transaction Screening FAQs for Banks
Transaction Screening FAQs for Banks
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Instant at High Volumes?
How Does FacctShield Improve Accuracy?
What Regulatory Expectations Shape Transaction Screening?
How Do Banks Handle Screening for Global Payment Flows?
How Can Institutions Measure Their Resilience Readiness?
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Ready to Strengthen Transaction Screening Across Your Bank?
FacctShield helps banks modernise their payment screening processes with fast, explainable, and fully governed controls. Improve detection accuracy, reduce operational friction, and meet supervisory expectations with confidence.
Request a Demo
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
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© Facctum 2025
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© Facctum 2025
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© Facctum 2025
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Industries
© Facctum 2025
Solutions
© Facctum 2025
Solutions
Industries
© Facctum 2025