The catch
Most onboarding never runs this check, because doing it by hand across five watchlists for every merchant is not realistic. So we automated it. Here is what it returned on a real business under U.S. and U.K. sanctions.
Everyone knows Rosneft is sanctioned. That is exactly why we chose it. We wanted a business nobody could argue about, so we pointed Sourcemark at its website, named its owner, and let it run. Not to prove Rosneft is on a list. To prove the check itself is real, instant, and sourced, so you can trust it on the merchant you have never heard of, where it actually matters.
Here is the full scan.
Why the good signal did not save it
Look again at the top of the ledger. The domain is 26 years old, and Sourcemark gave it credit for that, the same as it would for any honest business with a long history.
Here that credit means nothing. A confirmed sanctions match is terminal. It pegs the verdict to Critical, and no amount of good history can buy it back.
That is the line that keeps the system honest. Reward what deserves rewarding, but never let a nice-looking history launder a name that is genuinely on a list.
Why this matters to you
You will never onboard Rosneft. You might onboard a company you have never heard of, whose quiet owner happens to sit on the OFAC list. That is the one that gets through.
Checking every new merchant against the U.S., U.N., U.K., and E.U. sanctions lists and the global politically-exposed-persons database, by hand, at signup, is not realistic. So it does not get done, and the risk walks in the front door. Sourcemark runs all of it in about 90 seconds and hands you the exact record behind every hit.
The receipts
Every flag above points at the precise list entry it came from. Not "trust us." The record number.
The whole idea
This is the check that should run before you take on any business, and it takes less time than reading this page. About 90 seconds, with a source for every flag.
If you onboard merchants and want to see what Sourcemark returns on a few of yours, I will run them and send back what I find. No charge, no pitch.
— Kiowa, Sourcemark