Fraud.net Introduces "Entity Screening" to Transform Compliance and Risk Management

FOR IMMEDIATE RELEASE

NEW YORK, NY - Fraud.net is excited to announce the launch of Entity Screening, designed to streamline compliance and enhance risk management for businesses worldwide. By centralizing and automating the screening, verification, and approvals of businesses and organizations, Entity Screening enables enterprises to reduce costs, save time, and make smarter, faster decisions. Launching alongside Fraud.net's redesigned website and refreshed branding, it exemplifies the company’s commitment to innovation and providing businesses with cutting-edge solutions.

Entity Screening validates business credentials and screens against global lists, including OFAC, UBO, Adverse Media, and more, in real-time, with customizable workflows and intuitive automation. A unified dashboard allows businesses to manage screenings, alerts, cases, and historical data in one place, simplifying the user experience and enhancing visibility across operations.

Entity Screening is designed with versatility in mind, accelerating the approval process while adhering to strict compliance standards. It supports ongoing monitoring by conducting periodic re-screening of entities, allowing businesses to identify any emerging risks proactively. Furthermore, it simplifies regulatory compliance audits by maintaining detailed records and insights.

“In today’s regulatory environment, agility and accuracy are essential. Entity Screening empowers our clients to simplify complex processes, reduce costs, and strengthen their compliance frameworks,” said Whitney Anderson, CEO of Fraud.net. “We’re thrilled to bring this to market in order to provide businesses with the confidence to make informed decisions at critical moments.”

Learn more about Entity Screening here.‍

About Fraud.net:
Fraud.net delivers an AI-powered platform for fraud prevention, AML compliance, and digital risk management. Trusted by financial institutions and digital commerce enterprises worldwide, our patented cloud-native solution prevents fraud, money laundering, and financial crimes in real-time while automating customer onboarding, monitoring, and compliance workflows. Our platform leverages collective intelligence derived from billions of transactions and digital identities. With a no-code/low-code architecture that natively integrates data from 50+ leading providers, and advanced AI and rules-based decision engines, Fraud.net empowers businesses to make smarter, faster, and more profitable decisions.