Know Your Transaction

Real-time transaction monitoring

KYT continuously monitors transactions as they occur, allowing businesses to detect and address potentially fraudulent or suspicious activities immediately. This real-time monitoring is crucial in high-transaction environments, as it enables swift intervention before issues can escalate.

Regulatory compliance checks

KYT is designed to streamline compliance with regulatory requirements, especially in financial sectors where Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations are crucial. KYT helps companies verify that all transactions meet compliance standards, reducing the risk of regulatory fines or legal complications.

Automated alerts and notifications

KYT automates alerts for any unusual or high-risk transactions, notifying compliance teams immediately. These notifications are triggered based on customizable rules and thresholds, so companies can tailor alerts to specific transaction types, risk levels, or regulatory standards, allowing for prompt responses.

Detailed reporting and analytics

KYT provides robust reporting tools and analytics that give insights into transaction trends, risk patterns, and compliance performance. These detailed reports help companies audit their transactions, meet reporting obligations, and optimize their risk strategies based on actionable data.

Fraud detection and prevention

By analyzing transaction data and cross-referencing it with patterns of known fraudulent activity, KYT identifies and helps prevent fraud. Its intelligent algorithms minimize false positives, ensuring accuracy in detecting fraud without disrupting legitimate transactions. This feature is critical for businesses aiming to protect themselves from financial and reputational damage associated with fraud.