Case Management Systems and Denied Party Screening: Bridging the gap with REST APIs

Over the last decade, APIs have served as the prime catalyst for the expansion of today’s most popular technologies. In the simplest terms, APIs—or application programming interfaces—allow different software applications to communicate with each other. The practicality and usefulness of this type of communication is boundless, and has driven key innovations in payments, online shopping and social media platforms.

For businesses, the utility of APIs goes even further, allowing their native systems to “plug in” to helpful third-party technologies that supplement their processes and automate their work. And there is no better use case for APIs for businesses than the world of denied party screening.

Modern Sanctions Screening Tools Save Time

Denied party screening, also known as watch list screening or sanctions screening, is a complex regulatory requirement prevalent to financial institutions, money services businesses, insurance and logistics companies, and other businesses identified under the USA PATRIOT Act. And while denied party screening requirements are not new, the intricacy and speed with which modern screening tools are expected to perform has increased drastically. Businesses of all sizes and industries are expected to remain compliant by conducting screens of every single transaction or interaction—in real time—without delaying the experience for the customer. That’s a tall order to fill. Luckily, that’s where modern sanctions screening tools get it right. Most sanctions screening solutions worth mentioning have incorporated two key best practices:


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