Webinar: Why it pays to be fast

Today, we expect everything to be instant. The same applies to payments - whether it’s paying or getting paid, customers and businesses are looking for speed and accuracy. In the latest Business Payments Barometer, 64% of financial decision-makers cited mobile payments technology as a major influence on payment processing.

In this webinar, we'll discuss:

• Real-time payment adoption. What does the consumerisation of business payments mean for organisations today?
  
• Faster Payments. Understand how Faster Payments are changing expectations for both businesses and everyday customers.
  
• Why customer experience matters. Find out about the new ways to pay and customers' expectations. 
  

Combating money laundering can be costly, complicated, and prone to error. It requires that organizations perform appropriate due diligence, including screening financial transactions for suspicious activity, and checking customers against global sanctions lists. High risk customers must be monitored with an additional level of scrutiny. If not done or done incorrectly, organizations are left at risk.

Combat money laundering and financing of terrorism by monitoring financial transactions for suspicious activity. Track activity across multiple accounts for the same entity, match against imported lists (OFAC, FATF, NCCT, PEP, etc.), and use pre-configured rules to generate alerts required to comply with AML/CFT regulations.

Functionality

• Structuring – a customer who attempts to hide the size of reportable cash transactions by breaking them into multiple, smaller transactions.
• Suspicious currency-related transactions.
• Potential Money Service business activity.
• Major changes in customer behavior compared to previous patterns.
• Link analysis to find a group of customers and accounts with suspicious relationships and/or transactions.