Larkspur Credit Union modernises sanctions screening
How Larkspur Credit Union worked with us on modernises sanctions screening.
We went from an overnight batch to instant screening without losing a single true match. It changed how fast we can onboard.Yusuf Kowalski, Head of Financial Crime, Larkspur Credit Union
The challenge
The bank's legacy monitoring system generated thousands of daily alerts with a false-positive rate above 95%, and the analyst team could not keep pace as payment volumes doubled year on year.
Our approach
Screening moved to a real-time API against a unified, continuously refreshed watchlist, with explainable match scoring so analysts could clear or escalate hits in seconds rather than minutes.
The result
False positives fell by 62% within two quarters while true-positive detection held steady, and the analyst team cleared its backlog for the first time in two years.
The bank's legacy monitoring system generated thousands of daily alerts with a false-positive rate above 95%, and the analyst team could not keep pace as payment volumes doubled year on year. Screening moved to a real-time API against a unified, continuously refreshed watchlist, with explainable match scoring so analysts could clear or escalate hits in seconds rather than minutes. False positives fell by 62% within two quarters while true-positive detection held steady, and the analyst team clea
This case study is written by the vendor and describes their own work. Outcomes have not been independently verified by RegTech Radar.