Transaction Monitoring
Transaction Monitoring in the context of Anti-Money Laundering (AML) refers to a feature within software that continuously tracks and analyzes financial transactions to detect suspicious or unusual activities that may indicate money laundering or other illicit financial behavior. The software reviews transaction patterns, customer profiles, and triggers alerts based on predefined rules or thresholds, such as large or rapid movements of funds. This feature is crucial for identifying potentially fraudulent activities in real-time, enabling organizations to respond quickly. By automating transaction monitoring, businesses can enhance compliance, improve efficiency, and reduce the risk of financial crime.
This software is researched and edited by
Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
