HIGH-RISK COUNTRY PAYMENTS

There are growing concerns from regulators that the payments that customers actually make may not reflect the financial institution’s risk assessment of what a customer should be doing. We are able to:

  • Identify where low or medium risk customers make payments to high risk countries.

  • Use geographic algorithms to assess the countries that a payment passes through.

  • Develop reporting tools to inform the financial institution’s relationship managers of customers making unusual payments.