Use case

real time fraud detection and anti money laundering (aml) systems work together to identify suspicious financial activities and prevent financial crimes these systems utilize real time transaction monitoring, combined with aml protocols, to detect potential fraud and money laundering schemes real time fraud detection continuously monitors financial transactions to detect unusual patterns or behaviors, such as sudden large transfers, multiple small deposits (structuring), or transactions from high risk geographies it immediately flags and halts suspicious activities, preventing fraud before it escalates alerts are generated and cases are automatically created for investigation anti money laundering screens transactions against global sanction lists and high risk customers, including politically exposed persons (peps) and previously flagged individuals the system tracks cross border transfers and unusual transaction volumes, ensuring compliance with regulatory frameworks enhanced due diligence (edd) is applied to monitor high risk accounts and prevent money laundering activities