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Glossary term

What is Transaction monitoring?

Transaction monitoring is the ongoing review of customer and counterparty activity to detect unusual, suspicious, prohibited, or policy-violating behavior after onboarding. In digital assets, it can combine blockchain analytics, rules, typology detection, sanctions and exposure signals, customer profiles, and case workflows for investigation and reporting.

Definition

Transaction monitoring is the ongoing review of customer and counterparty activity to detect unusual, suspicious, prohibited, or policy-violating behavior after onboarding. In digital assets, it can combine blockchain analytics, rules, typology detection, sanctions and exposure signals, customer profiles, and case workflows for investigation and reporting.