Seon

SEPTEMBER 23, 2024

If a customer sending or receiving a payment does hit a sanctions list, regulated entities are required to file a Suspicious Activity Report (SAR) with the relevant authorities. Together, payment screening and transaction monitoring form a multi-layered approach to AML compliance and fraud prevention.

Suspicious Activity Report (SAR) 52

Suspicious Activity Report (SAR) Money Laundering Due Diligence AML 52

Seon

SEPTEMBER 14, 2023

What to Do When You Detect a High-Risk Source Your data can only be truly accurate when it’s been sense-checked, so consult other risk analysts and your fraud prevention system before rejecting an application. It’s also important to give those who are rejected a chance to appeal.

Risk 52

Risk Money Laundering Suspicious Activity Report (SAR) AML 52

Seon

MAY 10, 2024

If it’s determined a SAR needs to be filed, all the information needed can be found within case details, populated and filed directly with the regulatory authorities. Advance Your Fraud Prevention Fraud prevention and AML solutions must remain agile, adapting to the increasing signals of our digital-first world.

AML 52

AML Money Laundering SARS Suspicious Activity Report (SAR) 52

Seon

JUNE 29, 2023

KYT is a regulatory compliance requirement. Let’s take a closer look at the AML/CTF benefits offered by KYT: Transaction and behavior monitoring: KYT is a real-time process that focuses on financial activities. As such, it is part of an organization’s due diligence.

Transactions 52

Transactions Due Diligence Money Laundering AML 52