RAHN Financial Crime Compliance

DESCRIPTION

With a constant rise in transactions, the associated security risks require a financial crime compliance system that monitors and protects unsuspecting businesses from money laundering, fraudulent activities, and data breaches from criminals.

The transaction monitoring capabilities of the Rahn Financial Crime Platform enables organisations to identify specific types of transactions which can be associated with criminal activities and money laundering.
This is done by monitoring transactions to identify suspicious activity known to resemble transactions that are concluded by traffickers. An example of such would be transactions where large deposits are immediately withdrawn, close to international borders. In this case, the location of the branch where the transaction was executed, the size of the withdrawal (including aggregation) and the timing of the transaction will all be considered to identify potentially suspicious activity.

RAHN Consolidated Pty Ltd. is a proudly South African company, committed to equipping financial professionals with real-time resources to take the fight against all economic crimes. Contact us today to explore how we can empower your business with a financial attack strategy.