Real-time screening refers to the process of continuously monitoring and analysing data as it is received, allowing for immediate detection of potential risks or issues. In financial crime compliance, real-time screening is crucial for identifying and responding to suspicious activities or transactions as they occur. 

For example, financial institutions use real-time screening to monitor transactions against sanctions lists, politically exposed persons (PEPs) lists, and other risk indicators. This proactive approach enables organisations to quickly flag and investigate unusual activities, preventing the facilitation of money laundering, fraud, or terrorist financing before it can impact the financial system. Real-time screening enhances the effectiveness of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) programs by providing timely alerts and reducing the risk of financial crimes slipping through unnoticed.