Brand reputation is a key perception of every business today and takes a lot of time to build - from years to decades and even centuries. Unfortunately, it can be all destroyed in minutes by hiring the wrong staff (a criminal for example) as the public will start to associate the brand with such individuals.
However, that's not all there is, as the business also gets exposed to other risks including financial crimes, corruption, fraud, money laundering, terrorism financing, and other illegal activities by hiring or associating with the wrong individuals or businesses.
The frailty of online reputation today requires that businesses make conscious efforts to protect themselves, and there’s no better way to do this than through our Open AI-Powered Negative News Screening Solution, the Youverify AdverseMediaGPT.
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The Place of Adverse Media Screening in Businesses Today
Adverse Media Screening (AMS) is the process of monitoring the media for unfavourable or negative information about a customer or prospective customer.
It allows an institution to spot potential problems that may arise from sustained business with a customer before it impacts its reputation.
Youverify AdverseMediaGPT: Supercharged by Open AI for the Most Accurate Result on the Market Today
Our solution leverages the latest advancements in AI technology to provide you with the most comprehensive and accurate Negative News Screening solution on the market. With the integration of Open AI's highly intelligent model, our solution can identify negative news about individuals or businesses from strictly highly reputable news sources.
This results in high accuracy that yields over 70% lower false positives compared to other solutions on the market today. With our solution, you can rest assured that you're getting the most advanced and accurate screening available today and it's you can try it out for FREE right now.
Act Fast: Try the Youverify Adverse Media Screening Solution for FREE
For a limited time, we're offering our Adverse Media Solution for FREE. That's right, you can protect your company from negative media attention without spending a single penny. Our solution is easy to use and will provide you with real-time alerts on any negative coverage surrounding your customers and businesses before establishing relationships.
With our Adverse Media Solution, you'll be able to conduct:
- Early assessment of risk appetite and subsequent measures to counteract such risks
- Efficiently and effectively screen individuals and businesses on the go
- Leveraging the right technology to manage workload and effectiveness
- Building smart checks based on reliable real-time news sources
- Creating and maintaining a thorough audit trail
- Setup an effective anti-financial crime culture across the business
See Why Adverse Media Screening is Important for Businesses
Use Cases: How Can Adverse Media Screening Help Your Business?
Here are some of the most important Adverse media screening use cases:
1. Compliance:
Adverse media screening can be used to identify potential sanctions violations, politically exposed persons (PEPs), and other compliance risks.
2. Risk Management:
Adverse media screening can help identify potential reputational, legal, and financial risks associated with business relationships, investments, and other transactions.
3. Due Diligence:
Adverse media screening can be used as part of due diligence checks on potential partners, vendors, and other business relationships to identify any negative media coverage that may impact the company's reputation.
Brand Protection: Adverse media screening can help companies monitor and respond to negative media coverage that may damage their brand and reputation.
4. Financial Crime:
Adverse media screening can be used to identify potential money laundering, fraud, and other financial crimes by screening news articles, regulatory alerts, and other sources of negative media.
5. Cybersecurity:
Adverse media screening can be used to identify potential cyber threats and security breaches by monitoring news articles and other sources for information on hacking attempts, data breaches, and other cyber incidents.
6. Litigation Support:
Adverse media screening can help companies gather information that may be relevant to ongoing litigation or disputes, including identifying potential witnesses or sources of information.
Follow these best practices for effective adverse media screening
Join 50+ multinationals in using Youverif Adverse Media Screening Solution for KYC and AML screening of individuals and businesses for compliance and real-time risk detection. Request a demo today.