The expanded solution now offers real-time monitoring through advanced AI-driven technologies such as Payment Screening and Transaction Monitoring. It also includes integrated fraud and AML Case Management tools, with regulatory reporting features that streamline the process of staying compliant.
Key Features of SEON’s Updated AML Suite
The new suite is geared towards providing teams with a comprehensive toolset to screen and monitor customers in real-time. It enables seamless management of alerts, investigations, and regulatory reporting from one platform. The product development process was informed by close collaboration with clients to ensure that the solution can be tailored to meet the specific needs of different products, jurisdictions, internal policies, and evolving risks.
With SEON’s AML Compliance solution, teams can identify bad actors early using digital footprints and fraud signals. The AI-assisted customer screening helps analysts resolve hits more efficiently, while real-time transaction monitoring ensures that risks are detected promptly. Unified fraud intelligence facilitates faster resolution of cases and keeps records ready for audits.
The suite consolidates AML signals and transaction data in a single dashboard, reducing the time spent on regulatory reporting thanks to autofill capabilities and AI-powered SAR narratives. Additionally, teams can submit SAR, CTR, and Form 8300 reports more quickly with status tracking and audit history. Access to expert support from SEON’s Managed Risk Services team ensures that clients have guidance and rule management for leaner operations.