Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

July 2024

Understanding Transaction Monitoring in Anti-Money Laundering (AML)

Transaction monitoring in the realm of Anti-Money Laundering (AML) is a critical process that financial institutions employ to detect and prevent illicit activities such as money laundering, terrorist financing, and fraud. As regulatory scrutiny intensifies globally, the importance of robust transaction monitoring systems cannot be overstated.