Real time transaction monitoring
Take instant decisions based on real time transaction monitoring. Decisions are based on your risk assessment and can easily be tailored to your specific transaction flows.
Pingwire Transaction Monitoring
Pingwire Transaction Monitoring (TM) offers businesses a powerful tool for detecting and preventing financial crimes, while ensuring regulatory compliance and enhancing customer experience. Utilizing advanced analytics, customizable rules, and seamless CDD data integration, Pingwire enables effective transaction monitoring and risk mitigation.
Real-time monitoring
Monitor transactions in real-time using synchronous processing, enabling the immediate detection of potentially suspicious activities without compromising the end user's experience of a fast transaction. By analyzing transaction data as it occurs, Pingwire can quickly identify anomalies and flag transactions that may warrant further investigation.
Integration with CDD data
The transaction monitoring solution seamlessly integrates with customer due diligence (CDD) data, enriching the monitoring process. Combining customer information with transactional data enables a holistic view of customer behaviour, enhancing the accuracy and effectiveness of transaction monitoring efforts.
Customizable rules and alerts
Customizable rules and alerts (Pings) functionality, allowing you to tailor the monitoring process to your specific risk tolerance and regulatory requirements. Define rules based on factors such as transaction amount thresholds, customer profiles, transaction types, transaction patterns, and historical behaviour, and much more.
Advanced analytics
Using advanced analytics, Pingwire's solution identifies patterns, trends, and anomalies in transaction data. By comparing transactional behavior to predefined risk profiles and historical data, Pingwire pinpoints suspicious activities like unusual transaction amounts, frequency, or locations.
Easy management of alerts
Receive detailed cases outlining suspicious activities and the actions taken when alerts are triggered. This provides you with essential documentation for audits and inquiries, ensuring proactive risk management and regulatory adherence.
Scalability and flexibility
Whether you're running a small business or a large enterprise, the transaction monitoring solution is scalable and adaptable to your needs. Its flexible architecture enables seamless integration with existing systems and workflows, ensuring minimal disruption to your operations.
