What is real-time payments screening?
Sanctions and fraud screening conducted within the second-or-sub-second window of an instant payment scheme (Australia's NPP, EU's SCT Inst, UK's Faster Payments / future RT-RP, US's FedNow and RTP). Requires pre-computed customer profiles, optimised matching, and effective fuzzy-match thresholds because there is no time for human review before settlement. Now an explicit ECB / EBA expectation under the EU Instant Payments Regulation ((EU) 2024/886).
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