Case Study: CBI strengthens sanctions screening with Eastnets

CBI strengthens sanctions screening across 360 banks with Eastnets

Commercial Bank International (CBI), a leading bank in the UAE, partnered with Eastnets to strengthen its sanctions screening capabilities and improve operational efficiency. The bank sought to enhance detection rates, reduce its infrastructure burden, and quickly adapt to new regulatory requirements.

Eastnets implemented a suite of solutions including SafeWatch Screening, PaymentSafe, and SWIFT Hosting. This provided CBI with advanced fuzzy matching watchlist screening for real-time and batch transactions, centralized payment processing, and offloaded SWIFT infrastructure management. The results included improved detection rates, a significant reduction in false positives, faster escalation of suspicious activities, and lower operational costs, enabling CBI to focus on delivering superior customer service.

CBI