Transaction Monitoring

Know Your Transaction (KYT)

What is Know Your Transaction (KYT) Know your transaction (KYT) is a regulatory and operational process used by financial institutions to continuously monitor, analyze and assess customer transactions in order to identify unusual, suspicious, or potentially illegal financial activity.

Financial Surveillance

What is Financial Surveillance. Financial surveillance refers to the systematic monitoring, analysis and oversight of financial transactions to detect and prevent illegal activities such as money laundering, fraud, terrorism financing and sanctions evasion.

Transaction Monitoring System (TMS)

What is Transaction Monitoring System (TMS) Transaction monitoring system (TMS) is a structured technological framework used by financial institutions to continuously review, analyze and evaluate financial transactions in order to identify unusual, suspicious, or potentially illegal activity.

Transaction Monitoring

Explore the essentials of transaction monitoring in banking and finance, covering its definition, current applications, key stakeholders, challenges, and future trends. Learn how these systems help comply with AML regulations and protect against financial crimes.