Transaction Monitoring Systems

Transaction Monitoring Systems (TMS) are tools used by financial institutions to automatically review and analyze transactions. They look for unusual patterns or behaviors that might indicate fraud, money laundering, or other illegal activities. For example, if someone suddenly transfers large sums of money that don’t match their usual behavior, the system will flag this for further investigation. By continuously monitoring transactions in real-time, TMS helps ensure the integrity of financial systems, protect customers, and comply with regulations designed to prevent financial crime.