Case Study

Advanced Money-Laundering Detection Keeps Pace With Bank’s Rapid Growth

Advanced Money-Laundering Detection Keeps Pace With Bank’s Rapid Growth

Pages 5 Pages

Advanced Money-Laundering Detection Keeps Pace With Bank’s Rapid Growth Client StoryCadence Bank had big plans for growth. But its anti-money laundering (AML) solution couldn’t scale to meet its growth needs. The bank found an accurate and effective monitoring solution that supported growth in AML Risk Manager from Fiserv. Advanced Money- Laundering Detection Keeps Pace With Bank’s Rapid Growth Challenge Cadence Bank had plans for growth, but its AML solution was a limiting factor. The bank didn’t have the capabilities it needed to monitor a growing number of accounts and transactions effectively and efficiently or to meet new regulatory demands. The bank’s AML solution was also inflexible. It couldn’t be customized to meet the bank’s evolving risk- based approach. False

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