24/02/2015 Financial & Legal Services
Anti-money laundering (AML) software is used by financial institutions to analyze customer data and detect suspicious transactions. Anti-laundering systems filter customer data, classify it according to level of suspicion and inspect it for anomalies. Such anomalies would include any sudden and substantial increase in funds or a large withdrawal. This software is of great help to financial institutions as it helps check fraud and discrepancies.
For more details kindly log on to http://jmrinfotech.com (or) http://jmrinfotech.com/FLEXCUBE-AML-Integration-Module
Core banking functions differ depending on the specific type of bank. Retail banking, for example, is geared towards individual customers; wholesale b...