21 March 2018
visit www.ebaday.com

Ex-Im Bank selects Attus technology for Ofac compliance

20 November 2008  |  1738 views  |  0 Source: Attus Technologies

Attus Technologies, a trusted and innovative regulatory compliance partner to over 4,000 clients, announced today that it has been chosen as one of two companies who will assist Ex-Im Bank, the official export-credit agency of the United States, to comply with the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC) compliance requirements.

Export-Import Bank of the United States provides financing for U.S. businesses enabling them to export U.S. goods and services to international markets. In this role, Ex-Im Bank deals with businesses of all sizes making it vital that it comply with OFAC restrictions against doing business with any individuals or entities suspected of terrorist activities.

ATTUS' WatchDOG Pro is a web-based solution that offers clients the ability to cross check their customer lists against up to sixteen watch lists, including OFAC's SDN list. It uses the most advanced search algorithm to reduce the number of false positive matches that clients encounter resulting in more accurate and precise search results.

"Ex-Im Bank is a vital part of the U.S. economy enabling U.S. businesses to increase their export opportunities which helps keep those businesses strong," said Tom Fedell, President and CEO of ATTUS Technologies, Inc. "We are very excited that Ex-Im Bank has chosen ATTUS as a partner in managing their OFAC compliance."


Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit www.facebook.com/business/Visit www.vasco.comVisit http://info.nice.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
12129 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10333 views comments | 29 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9835 views comments | 10 tweets | 8 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
9203 views comments | 13 tweets | 29 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
9080 views comments | 14 tweets | 28 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job