Abrigo Launches Screening Solution to Strengthen Financial Crime Prevention

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, announced Abrigo Intelligent Scan, an AI-powered screening solution designed to help banks and credit unions identify risk faster, reduce false positives, and protect against financial and reputational harm.

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Abrigo Intelligent Scan uses AI and automation to reduce noise, accelerate reviews, and help financial institutions focus their time and resources on protecting the trust they’ve worked hard to earn.

Despite shifting regulatory priorities, reputational risk remains critical for financial institutions. Protecting against reputational risk is not about checking a box, but about safeguarding decades of trust and ensuring long-term strength in the communities they serve. When institutions are unknowingly linked to sanctioned entities or high-risk individuals, both their financial health and reputation are on the line. OFAC violations can result in civil penalties of up to $250,000 per violation, in addition to significant public scrutiny. Proactive sanctions screening is therefore not just a compliance function; it is essential to protecting an institution’s reputation and credibility.

Abrigo Intelligent Scan strengthens Abrigo’s Financial Crime platform by delivering sophisticated screening capabilities once reserved for large, global institutions. The workflow-based solution combines AI-powered record matching, guided remediation workflows, and comprehensive global risk data sets to increase throughput and enable faster, more confident decision-making across programs.

“As financial crime grows more complex, community financial institutions need screening tools that are both powerful and practical,” said Jay Blandford, CEO at Abrigo. “Abrigo Intelligent Scan uses AI and automation to reduce noise, accelerate reviews, and help financial institutions focus their time and resources on protecting the trust they’ve worked hard to earn.”

The cloud-hosted solution delivers the speed, scale, and flexibility institutions need as they grow. With customizable risk thresholds and efficient remediation workflows, Abrigo Intelligent Scan reduces false positives, accelerates reviews, and adapts to each institution’s unique risk profile.

“This integrated approach helps institutions seamlessly work through matches across lists in a highly intuitive interface,” said Ravi Nemalikanti, Chief Technology and Product Officer at Abrigo. “Our mission is to centralize investigations, improve visibility across risk domains, and respond more effectively as new threats surface.”

Abrigo Intelligent Scan screens against comprehensive global risk data, including more than 160 sanctions lists, 2,100 global enforcement lists, PEPs across 240+ countries, and over 250,000 cannabis-related businesses and individuals.

The solution integrates seamlessly with Abrigo’s AI-powered Financial Crime platform, including AML/CFT Compliance and Fraud Detection solutions. Screening outcomes flow directly into due diligence and case management workflows, reducing silos and enabling faster, more informed action when risk emerges.