Transaction monitoring is crucial in the fight against financial crime. As bad actors' methods have changed, efficient and accurate monitoring is more important than ever. Many organisations face challenges in monitoring and analysing transactions, such as complying with complex regulations, ensuring data quality and availability, and improving detection accuracy.
Access reliable data sources to check your customers for sanctions, PEP/RCA lists, and UBO information. Concentrate on identifying and managing high-risk customers to prevent the harm of illegal activities to your business.