IdentityMind 2.0: How our Clients Helped us Shape Transaction Monitoring

Presented by

Faisal Nisar – Director of Products, IdentityMind

About this talk

Transaction monitoring is required to meet AML and counter-terrorist financing (CTF) regulations. A good program can dynamically select the right sources of information to catch suspicious activity without bogging down compliance analysts with manual work. Many companies are still using dated or custom-built software which won’t pass muster with regulators, and make it harder to get that balance right. The best compliance programs take a risk-based approach, employing more stringent measures for higher-risk clients, while employing more lenient measures for trusted clients. With IdentityMind 2.0, we partnered with our clients to incorporate a highly accurate risk-based approach into our platform. IdentityMind 2.0 harnesses machine learning and time series anomaly detection to reduce false alerts, to increase automation, and to deliver a complete solution for your AML needs. Register for our webinar to see: • How we worked closely with our clients and incorporated their feedback into creating a powerful transaction monitoring tool in IdentityMind 2.0 • How IdentityMind 2.0 allows you to implement a risk-based approach, in keeping with regulatory guidance • The benefits of moving to a user-first system for transaction monitoring analysis and investigation • How our pioneering work in digital identities underpins everything in the platform, delivers more accurate insights, and protects your business from fraudulent and criminal activity

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