Why is transaction monitoring key over and above onboarding checks?
![ComplyRadar -What is AML transaction monitoring](https://complyradar.com/wp-content/uploads/2019/09/What-is-AML-transaction-monitoring.png)
Transaction monitoring is key over and above onboarding checks because it helps financial institutions detect and respond to suspicious activity in real-time. Onboarding checks, such as customer identification and due diligence, are important for identifying and mitigating money laundering risks when a new customer is first onboarded. However, these checks only provide a snapshot of […]