
Dime Community Bank Enhances Sanctions Screening with Quantifind
Dime Community Bank has chosen Quantifind's AI-powered risk intelligence platform to enhance its sanctions screening for payments, announced in a press release. This decision comes as Dime Community Bank seeks to address increasing regulatory scrutiny and the growing complexity of global transactions.
Quantifind's platform is designed to provide advanced capabilities in risk detection and integrates seamlessly into existing workflows. Michael Fegan, CTO of Dime Community Bank, highlighted that the partnership with Quantifind marks a significant advancement in their compliance capabilities, enabling the bank to maintain high standards of regulatory compliance while protecting its customers and communities.
Graham Bailey, COO of Quantifind, expressed pride in supporting mid-market banks like Dime Community Bank, emphasizing that Quantifind's solutions empower banks of all sizes to tackle financial crime with speed, accuracy, and scalability.
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