KYC Hub's Advanced Solutions Now In India LEARN MORE
Stop complex money laundering activity quickly by recognizing suspicious patterns and transactions in real-time, helping financial institutions have AML transaction monitoring.
KYC Hub's transaction monitoring system allows our customers to quickly identify suspicious transactions without contending with the backlog of false positives generated by rigid rule-based systems. We use a hybrid of rules, deep learning algorithms, fine segmentation, and behavioural cues to identify illicit patterns of transactions and networks.
KYC Hub's Smart Data Hub is a continuously updated database of global financial crime data, sanctions, watchlists, media coverage of millions of companies and persons of significant interest, as well as corporate structures and control. We use contextual matching, entity resolution, and network science to constantly update the risk profile of entities based on their behaviour and transactions. Our monitoring algorithms use adaptive and deep learning and take advantage of large data pools to detect patterns currently missed by traditional systems. For better transaction data to protect against suspicious activity, implement our transaction monitoring software today.
We offer a smart rules engine that can be configured to various scenarios and soft rules. KYC Hub's Transaction Monitoring also offers a hybrid superimposition of behavioural, contextual, profile analysis, AI pattern recognition, and rules. The suite of algorithms can be configured with custom rules and the firm’s own data set for accurate and relevant calibration.
Instantaneous payment screening against global sanctions and watchlists, as well as configurable screening against your own risk policy. We offer customized policies in order for our clients to define their alert levels and what sanctions and watchlists they need to screen against.
Our transaction monitoring software as a service tool allows for easy-to-use case management to track and manage alerts and notifications. Use customizable alert levels, advanced drill-downs, and smart workflow to configure responses, automate reporting, and much more.
Receive an instant notification on email and dashboard alerting you of suspicious transactions and patterns with actionable insights to streamline response and remediation. We offer an intuitive workflow and advanced integration option to allow our customers full flexibility in using our Transaction Monitoring Solution.
Reduce false positives and zero in on suspicious transactions by setting up rules and group-specific escalation levels and whitelisting customers. KYC Hub's proprietary AI algorithms are proven to reduce the number of false SARs significantly. Our Risk Engine performs scoring based on internal and external data and daily updates to present an accurate risk profile. We constantly update the risk profile of entities based on their behaviour and transactions.
Rather than build and integrate hundreds of interactions, our two-way Rest API enables real-time two-way communication and simplifies the development process without a complex integration mechanism.
Our bulk upload functionality will help you run checks on thousands of existing users quickly and efficiently, create GUIDs for existing customers, and start taking advantage of our services in minutes.
With KYC Hub's one-of-a-kind Front End As A Service, you can perform all the customer-facing KYC verification checks without your users ever leaving your site or app.
Put your own brand on our app for a seamless user experience, integrate our services within your app, or let us create your own app effortlessly and within no time to do remote facial checks and document verification.
Transaction monitoring is when software monitors transfers, deposits, and withdrawals to ensure no financial crimes occur. Risk management is carried out on the activities to make sure they are safe and official.
Most financial institutions will do this automatically. They detect suspicious activity by ensuring details are correct, the account is being used in the right location, and in line with normal habits. If the card is being used more than usual in unusual locations, it will be investigated further. If some details are not right, they may also be flagged.
Having clear rules for the system will improve its accuracy. Make it clear what you want to be checked and monitored. This will help it to avoid false positives and negatives.