Facctum: Releases open API
- Facctum is a new technology company specializing in risk decisioning. The purpose is to enable businesses better decisions
- Announces the launch of an open API for FacctView, its sanctions, and anti-money laundering (AML) screening platform
- The open API will provide institutions of all sizes with access to high-performance compliance controls
- Developed FacctView as a reaction to the operational challenges caused by rapidly ageing sanctions and AML technology stacks
- Traditional on-premises screening software has struggled to keep pace with high-velocity regulatory environments
- The open API released today is already used in FacctView in a Software-as-a-Service (SaaS)
