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Automate AML Rules with AI Transaction Monitoring Software
Real-time transaction analysis system designed to alert you immediately to discrepancies between your monitoring rules and the latest AML regulations
Transaction going to sanctioned entity
Latest AML Regulation Changes
| Rule 4 | 20.21.2023 | |
| Rule 36 | 20.21.2023 | |
| Rule 68 | 20.21.2023 | |
| Rule 12 | 20.21.2023 | |
Avoid Fraud and Money Laundering
Detect Suspicious Transactions and Stay Compliant
Gone are the days of manual transaction reviews and false alarms. Vespia’s AI-powered transaction monitoring software automatically detects suspicious activity and keeps you safe.
Adjust Monitoring Rules or Create Your Own
Set up AML Rules Using Our Library and 100+ Templates
Vespia's transaction monitoring employs a blend of rules-based and risk-based strategies tailored to address the unique risks of each industry and business.
Adjust Monitoring Rules With the Help of AI
Get Notified for AML Rule Adjustments
Users are notified of any changes in laws and regulations that could potentially conflict with their established transaction monitoring rules.
What our users think
Vespia is bringing KYB and KYC into the modern world. With their help, we make sure that our compliance team fills in the data gap in a user-friendly way to simplify the process of staying AML compliant and please the regulators.
Our experience with Vespia has been extraordinarily positive. Apart from their technological excellence and commitment to compliance, what truly sets them apart is the unparalleled support from their technical team.
Vespia Connects Transaction Alerts to Other AML data
Seamlessly integrate transaction alerts with KYC, KYB, and AML data for comprehensive compliance monitoring on our platform.
Business Verification (KYB)
Expedite your verification process – Get started with Vespia's seamless and efficient KYB platform today!
AML Compliance and Monitoring
Enhance your Anti-Money Laundering strategy – Adopt Vespia's robust AML Compliance and Monitoring system!
Customer Onboarding
Accelerate your customer onboarding – Improve your conversion rates with Vespia's intuitive onboarding platform!
Transaction Monitoring
Mitigate risks confidently – Empower your business with Vespia's reliable and dynamic risk assessment solution!
AML Risk Analysis
Achieve regulatory excellence – Trust Vespia's AI Compliance Officer to support you and ensure adherence to industry standards!
Core Features
300+ Ready Rules
300+ rules for various banking and financial services
AI Assistance
AI assistant to suggest improvement of transaction monitoring rules
Multiple Sources of Data
Core banking system, CRM, ERP, and settlement ledger database
Real-Time Monitoring
Immediate transaction oversight via API and web
Near-Real Time Monitoring
Near-real time transaction monitoring, both API and over web interface
Retrospective Monitoring
Historical transaction analysis with API/web access
Trade Based Monitoring
Over-invoicing and under-invoicing detection, with the possibility to connect your own dataset
Multiple Deployment Options
On-premise, private cloud, private cloud subscription or single tenant SaaS
KYB/AML Support
Native support for KYB and AML checks, e.g., PEP, Sanctions, Adverse media screening
Crypto Wallet Analytics
Native support for crypto wallet analytics and screening, e.g., Chanalysis, Crystal Reports
User Behaviour Analysis
User behaviour analysis, e.g., geographical location, web browser version
Case Management
Case management system with the ability to escalate to regulators (multiple regulator APIs supported)
Integrate with Vespia API and SDK
No need to sacrifice your existing flow – Vespia is universally compatible.
1// RequestKybVerificationInput mutation
2
3mutation Mutation($input: RequestKybVerificationInput!) {
4 requestKybVerification(input: $input) {
5 id
6 }
7}
8
9{
10 "input": {
11 "name": "company_name",
12 "registrationCode": "registration_code",
13 "countryCode": "country_code"
14 }
151Authorization: Bearer $token
Frequently Asked Questions
What is transaction monitoring?
Transaction monitoring refers to the continuous oversight of customer transactions to identify unusual patterns or behaviours. It's a crucial component of anti-money laundering (AML) and counter-terrorist financing (CTF) programs. By monitoring transactions, financial institutions can detect potentially suspicious activities, investigate them further, and report them to relevant authorities if necessary.
What is AI Transaction Monitoring?
AI Transaction Monitoring uses artificial intelligence to analyze transaction patterns, identify anomalies, and provide real-time alerts for potentially suspicious activities.
How does rule-based transaction monitoring complement AI?
While AI adapts and learns from transaction patterns, rule-based monitoring ensures that specific regulatory and business-specific criteria are always met, offering a dual-layered approach to transaction oversight.
Is the Vespia Tx software compatible with my existing systems?
Mitigate risks confidently – Empower your business with Vespia's reliable and dynamic risk assessment solution!
How does AI reduce false positives in transaction monitoring?
By continuously learning from transaction data and refining its criteria, AI can more accurately distinguish between genuine anomalies and regular business activities, significantly reducing false alerts.
How can I start using the Vespia Tx Transaction Monitoring Software?
Starting with Vespia Tx is easy. Simply sign up, choose the package that fits your needs, and start Transaction Monitoring today! If you have special requirements or need to handle large volumes, our sales team is ready to create a custom approach tailored to your business. Contact us to discuss your unique needs.