Growth in global sanctions screening for employment continues at a steady pace with nearly 1.4 million WorldWatch Plus® transactions conducted by consumer reporting agency (CRA) partners in the first quarter of 2017. The volume represents a 40% growth over CRA transactions in Q1 of 2016. WorldWatch Plus is the flagship product of International Screening Solutions.
“Yesterday’s national background search has become today’s global search,” said Ken Kunsman, chief marketing officer at International Screening Solutions. “People today live, work, and play in different countries like no other time in our history. Employers understand and have adapted their screening needs accordingly.”
CRA and due diligence firms around the world used WorldWatch Plus to conduct more than 13 million screening transactions globally last year, 5 million of which were conducted in FCRA regulated settings. WorldWatch Plus is the leading solution for FCRA settings because data is refreshed daily from publicly available sources, with audit and source attribution, and date of birth match indicators.
WorldWatch Plus collects global sanctions and watch list data from governments in more than 200 countries and jurisdictions. The dataset is refreshed daily from 1,600 global sanction sources and 1,100 PEP sources, with an adverse media archive of 6 million articles.
Founded in 2007, International Screening Solutions (www.intlscreening.com) serves pre-employment and due diligence organizations globally. The company recently divested its country-specific verifications business to focus on its global data driven products, led by WorldWatch Plus, for pre-employment, anti-money laundering (AML), and “know your customer” (KYC) programs.