Louisville, KY- <\/strong>(08\/27\/2014) Electronic Verification Systems (EVS) has been busy announcing many additions to their Watch List screening services. With additions like the European Union Consolidated Watch List<\/a> and PEP List screening<\/a>, businesses can better meet Know Your Customer (KYC) and Anti-Money laundering regulations. Now, the UK Sanctions Watch List has been added to their solution. These new offerings give clients the ability to perform each screening through their Web Service API or using a secure browser-based interface.<\/p>\n
Electronic Verification Systems has released this offering because International sanctions programs can take different forms, some of which prohibit certain kinds of transactions with designated states. Effective screening against such lists can help prevent an organization from doing business with parties that have been accused of criminal offenses and ultimately, from becoming involved in on-going scams. Giving companies the ability to perform Watch List Screening<\/a> along with Identity Verification<\/a> and Dynamic KBA<\/a>, makes it easier for them to meet compliance requirements all in one step.<\/p>\n
According to EVS<\/a> EVP, Client Development, Eric Knapp, We received positive feedback from clients regarding our Watch List Solution and have had the ability to keep expanding for maximum benefit. Knapp states that, Enhancing our Watch List screening solution allows us to provide clients with tools to meet KYC\/AML compliance requirements while staying confident their customers are who they claim to be.<\/p>\n
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