Transaction Monitoring

1. Case Management and Audit Trail How easy is it going to be to escalate alerts to more senior staff members, add comments, add attachments and have an audit trail of all activity? Any transaction monitoring system ought to be […]

Transaction monitoring is challenging.  Suspicious activity for one customer is normal business for another. Typologies change constantly, false positives dominate compliance teams’ workflow, and the risk of missing something looms large. Commercial pressures around expansion and rapid growth are at […]

Anti-money laundering transaction monitoring, also called AML transaction monitoring, allows banks and other financial institutions to monitor customer transactions on a daily basis or in real-time for risk. By combining this information with analysis of customers’ historical information and account […]

What is a currency transaction report? When thinking about how financial institutions function, it is crucial to understand the concept and purpose of a currency transaction report, otherwise known as a CTR. A currency transaction report is a report made […]