Counter-Terrorist Financing (CTF)—often grouped with Anti-Money Laundering as AML/CTF—refers to the specific laws, regulations, and intelligence gathering techniques used to prevent the funding of violent extremism and terrorist organizations. While AML focuses on the source of illegal funds, CTF often focuses on the destination and purpose of the funds.
The Challenge for Payment Gateways
Terrorist organizations frequently use complex webs of front companies, fake charities, and transaction laundering schemes to move money through legitimate payment processors. If an acquirer unknowingly processes these payments, they face catastrophic criminal liability.
Global Watchlist Screening with Onlayer
Protecting your payment network requires flawless intelligence. Onlayer plugs directly into leading data providers (like Dow Jones and LexisNexis) to perform rigorous CTF checks. It screens merchants and ultimate beneficial owners (UBOs) in real time against UN, HMT, EU, Interpol, and OFAC watchlists, exposing hidden threats instantly during the onboarding phase.
