Instant payments are outpacing compliance — can banks keep up?
- Chris Ostrowski
- 8 hours ago
- 1 min read
As published in the RegTech 100 2026 report.
In this interview with Fintech Global’s RegTech Analyst, FinScan’s Product Management Leader, Chris Ostrowski, breaks down one of the most urgent challenges in financial crime compliance today: the collision of real-time payments, geopolitical volatility, and rising regulatory expectations. Chris explains why transaction screening has become a board-level priority, how instant settlement rails like FedNow, RTP, and SEPA Instant are compressing compliance windows to mere milliseconds, and why legacy systems built for “minutes, not milliseconds” can no longer keep pace.
Chris also highlights the data quality gaps fueling false positives, the modernization hurdles slowing institutions down, and the role of AI and explainable models in building fast, accurate, and defensible screening programs. The conversation concludes with a look at FinScan Payments—built for multi-rail, ISO 20022-ready, sub-200 ms screening—and how institutions can future-proof their AML and sanctions controls as payments continue to evolve.