Banking is the most established and closely regulated branch in the financial services space. New regulations are constantly raising the bar when it comes to AML and fraud controls. PSD2 has triggered a rapid evolution in the banking industry, bringing instant transfers and open bank APIs that further complicated the banks risk profile.
NOTO offers a complete 360 solution to financial crimes threats for banks.Our platform successfully accommodates the different needs of an AML and Fraud prevention program within the bank.
- AML Solutions
- Initial & Ongoing customer risk assessment – Develop, deploy and tune any in house proprietary risk assessment matrix for initial and ongoing risk assessment for all types of customers.
- PeP & Sanctions screening – Conduct highly accurate and custom screening of your customer base with fully integrated industry leading third party vendors.
- Omni channel Transactional AML – Expand your compliance oversight into any user interaction channel. Unveil never before seen links between accounts by tapping into online banking interactions and non – financial user activity.
- Fraud solutions
- Card fraud prevention – issuing and acquiring
- Account compromise
- Internal fraud