Article: Industry Priorities Solutions.(Industry Priorities - Keeping up with top-of-mind executive concerns)(Norkom Technologies, launched a tool to investigate crimes in financial institutions)(Brief article)

COMPLIANCE AND FRAUD SCREENING TECHNOLOGY

Norkom Technologies, Boston, launched its Norkom Watch List Smart Update, a new analytic process designed to drive down false positive rates in the detection of financial crime, resulting in significant cost and time savings for leading financial institutions without increasing the risks of missing an important match.

The next generation of Norkom's innovative List Fingerprinting technology, Norkom Smart Update monitors every change in information provided in a watch list update, or even potentially client data, reducing investigation effort without sacrificing match quality, the company says. It also eliminates ...

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