Financial institutions and other companies use a due diligence procedure to uncover negative or unfavourable information about a consumer from various media sources.

This screening is looking for news articles, reports, and other publications that could show involvement in criminal activity, regulatory violations, or other reputational hazards. The goal is to improve customer risk assessment by recognising early red flags, ensuring compliance with AML/CFT legislation, and limiting the risks associated with dealing with individuals or entities who may jeopardise the organisation’s integrity and reputation.