Transaction Screening Detector
Smarter Transaction Screening with Transaction Screening Detector
Transaction Screening Detector
Smarter Transaction Screening with Transaction Screening Detector
Transaction Screening Detector on Iris enables fast, accurate, and reliable risk identification enabling faster payments
Part of your end-to-end name screening solution.
Ensure real time, accurate, and reliable risk detection with Transaction Screening Detector (TSD). Designed to overcome the limitations of legacy screening engines such as excessive alerts, delayed payments, and slow risk identification; TSD delivers smarter, more adaptive payment screening powered by advanced AI.
With configurable rule sets and real-time risk identification, TSD minimises false positives while ensuring compliance, allowing legitimate transactions to process faster. Tailored to various risk types and customer segments, it provides precise, consistent screening aligned with your risk appetite and regulatory requirements - optimising both security and customer experience.
This module is used alongside Risk Data Manager and Transaction Screening Adjudicator in Transaction Screening Detection Solution (TSDS).
Benefits
Smarter, More Adaptive Transaction Screening
Overcome the limitations of legacy screening engines by reducing excessive alerts, improving efficiency, and enhancing accuracy with AI-powered detection tailored to your risk appetite.
Flexible & Customisable Screening
Supports real-time screening, with configurable rule sets for different risk types, customer segments, and regulatory requirements.
Seamless Integration & Continuous Learning
Works with RDM and TSA, continuously learning from analyst decisions to refine screening accuracy and efficiency, ensuring smarter risk detection over time.
Optimised Alert Management & Faster Resolution
Tailored alert workflows ensure efficient triage, with alerts seamlessly forwarded to Transaction Screening Adjudicator (TSA) for rapid resolution, reducing manual effort and compliance delays.
Benefits
Smarter, More Adaptive Transaction Screening
Overcome the limitations of legacy screening engines by reducing excessive alerts, improving efficiency, and enhancing accuracy with AI-powered detection tailored to your risk appetite.
Flexible & Customisable Screening
Supports real-time screening, with configurable rule sets for different risk types, customer segments, and regulatory requirements.
Seamless Integration & Continuous Learning
Works with RDM and TSA, continuously learning from analyst decisions to refine screening accuracy and efficiency, ensuring smarter risk detection over time.
Optimised Alert Management & Faster Resolution
Tailored alert workflows ensure efficient triage, with alerts seamlessly forwarded to Transaction Screening Adjudicator (TSA) for rapid resolution, reducing manual effort and compliance delays.
Key Features
01
Detection Profiles
Tailor risk rules with precision for different risk types and customer segments using ready-to-use options or full customisation.
02
Simulator
Test and approve changes using simulator. A transparent model management module that enables users to visualise, modify, and test model configurations, supported by robust approval workflows and a full audit trail.
03
Real-Time Screening
Support real-time, transaction screening to match your operational needs. With event-based screening, detect risks immediately as watchlists update, eliminating delays and ensuring faster compliance responses.
Key Features
Detection Profiles
Tailor risk rules with precision for different risk types and customer segments using ready-to-use options or full customisation.
01
Simulator
Test and approve changes using simulator. A transparent model management module that enables users to visualise, modify, and test model configurations, supported by robust approval workflows and a full audit trail.
02
Real-Time Screening
Support real-time, transaction screening to match your operational needs. With event-based screening, detect risks immediately as watchlists update, eliminating delays and ensuring faster compliance responses.
03
Key Features
Detection Profiles
Tailor risk rules with precision for different risk types and customer segments using ready-to-use options or full customisation.
01
Simulator
Test and approve changes using simulator. A transparent model management module that enables users to visualise, modify, and test model configurations, supported by robust approval workflows and a full audit trail.
02
Real-Time Screening
Support real-time, transaction screening to match your operational needs. With event-based screening, detect risks immediately as watchlists update, eliminating delays and ensuring faster compliance responses.
03
How it Works
Step
—
01
Entity Resolution and Dataset Consolidation
Completed by Risk Data Manager prior to screening.
Step
—
01
Entity Resolution and Dataset Consolidation
Completed by Risk Data Manager prior to screening.
Step
—
01
Entity Resolution and Dataset Consolidation
Completed by Risk Data Manager prior to screening.
Iris 6 Prodcuts
Collect
Refine and consolidate your data.
Analyse
Detect true risk faster and reduce false positives.
Resolve
Faster, smarter case resolution thanks to AI agents tailored to your risk appetite.
Manage
User friendly with workflow management across the full alert lifecycle.
Iris 6 Solutions
Fast and accurate risk identification when you move beyond legacy technology. Identify risk faster, onboard legitimate customers seamlessly, process payments faster and meet regulatory expectations with confidence with our intelligent end-to-end name and transaction screening.
Iris 6 Prodcuts
Collect
Refine and consolidate your data.
Analyse
Detect true risk faster and reduce false positives.
Resolve
Faster, smarter case resolution thanks to AI agents tailored to your risk appetite.
Manage
User friendly with workflow management across the full alert lifecycle.
Iris 6 Solutions
Fast and accurate risk identification when you move beyond legacy technology. Identify risk faster, onboard legitimate customers seamlessly, process payments faster and meet regulatory expectations with confidence with our intelligent end-to-end name and transaction screening.
Iris 6 Prodcuts
Collect
Refine and consolidate your data.
Analyse
Detect true risk faster and reduce false positives.
Resolve
Faster, smarter case resolution thanks to AI agents tailored to your risk appetite.
Manage
User friendly with workflow management across the full alert lifecycle.
Iris 6 Solutions
Fast and accurate risk identification when you move beyond legacy technology. Identify risk faster, onboard legitimate customers seamlessly, process payments faster and meet regulatory expectations with confidence with our intelligent end-to-end name and transaction screening.
Discover how AI is revolutionising compliance and risk adjudication.
Download our white paper to stay ahead.
Discover how AI is revolutionising compliance and risk adjudication.
Download our white paper to stay ahead.