Case Study: American Express KSA reduces false positives and streamlines compliance with Eastnets SafeWatch Screening 5

American Express KSA reduces false positives by 90% with Eastnets

American Express KSA, processing large volumes of daily financial traffic, needed a powerful solution to comply with stringent Anti-Money Laundering regulations. They sought to implement a centralized screening system from vendor Eastnets that could handle real-time blocking and batch screening while also controlling false positives to align with their institutional risk appetite.

Eastnets implemented its SafeWatch Screening 5 solution, which provided a centralized checkpoint for all financial traffic and integrated seamlessly with American Express KSA's onboarding systems. The solution significantly enhanced monitoring processes and reduced false positives by 90% through advanced filtering techniques and regular system tuning, allowing the customer to stay compliant while boosting the effectiveness of their screening operations.

American Express KSA