August Product Update: Enhanced PEP Screening

Enhanced PEP Screening: Expanding Accuracy & Coverage

We know that accuracy in identifying politically exposed persons (PEPs) is critical for protecting your business. This month, we completed a comprehensive analysis of our PEP data sources to ensure Minerva continues to deliver the most reliable coverage available.

Why this matters: 

• False positives and missed matches slow down operations.
• As regulatory scrutiny increases, ensuring trusted, consistent, and high-quality PEP data is vital for compliance teams.

What’s new: 

• We’ve re-evaluated current PEP providers, their coverage, data lineage, and data accuracy, and decided to deprecate PEPChecker and integrate the OpenSanctions PEP dataset as part of our screening process. This update ensures broader and more accurate global PEP coverage, improving confidence in PEP screening results.

The benefit for you: 

• Faster, more accurate PEP screening, with fewer irrelevant alerts, helping your team stay focused on the investigations that matter most.
• A more stable and future-proof compliance framework with higher match quality, less noise, and ongoing improvements to data freshness.

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