Finance Magnates and Shufti invite fraud prevention, AML compliance, risk management, and payments professionals to a webinar exploring how linking transaction monitoring to verified customer identities can help reduce false positives and improve fraud detection. Daniela Marin, Senior Product Marketing Manager at Shufti, will discuss the limits of conventional transaction monitoring, the role of KYC data in ongoing risk assessment, and how firms can close gaps between identity verification and transaction monitoring without adding another vendor.
Why Traditional Transaction Monitoring Can Miss the Bigger Picture
Financial firms rely on transaction monitoring to identify suspicious payments and support Anti-Money Laundering (AML) compliance. However, conventional systems often assess individual transactions without fully accounting for the person behind the payment.
When monitoring focuses on transaction scores rather than the verified identity and risk profile of the customer, important context can be lost. This can lead to legitimate payments being flagged for review while potentially fraudulent activity goes undetected.
For fraud and compliance teams, the challenge is to identify genuine threats without creating unnecessary alerts, adding to operational costs, or slowing down legitimate customer activity.
How KYC and Transaction Monitoring Work Together
Know Your Customer (KYC) checks help financial firms verify customer identities and assess risk during onboarding. Transaction monitoring then supports the ongoing review of customer activity to identify potentially suspicious behaviour.
However, when these processes operate without a clear link between verified identities and payment activity, teams may lack the context needed to make more informed risk decisions.
Connecting transaction monitoring to verified customer identities can provide a clearer view of who is making a payment and how that activity relates to the customer’s established risk profile.
This approach can help firms move beyond transaction-level scores and broad customer group averages towards a more individual view of risk.
Webinar: Transaction Monitoring and KYC: Cutting False Positives Without Missing Real Fraud
In this webinar, Daniela Marin, Senior Product Marketing Manager at Shufti, will examine how identity-based transaction monitoring can help address gaps in conventional fraud detection and AML processes.
The session will cover:
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The limits of conventional transaction monitoring: Why assessing transactions without linking them to verified customer identities can lead to gaps in risk detection.
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The role of KYC in ongoing monitoring: How identity verification and onboarding risk assessments can inform the review of later transactions.
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Why false positives occur: How relying on customer cohort averages can lead to unnecessary alerts and missed signs of fraud.
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Improving fraud detection: How identity-based context can help teams make more informed decisions about suspicious activity.
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Closing the gap without adding another vendor: How fraud and AML teams can address the disconnect between identity verification and transaction monitoring.
Meet the Speaker: Daniela Marin, Senior Product Marketing Manager at Shufti
Daniela Marin is a Senior Product Marketing Manager at Shufti, with experience across fraud and identity, risk intelligence, cybersecurity, and B2B technology.
During the webinar, Daniela will discuss the challenges financial firms face when connecting customer verification with ongoing transaction monitoring and explain why verified identity context matters when assessing risk.
Who Should Attend?
This webinar is relevant to professionals working in:
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Fraud prevention and financial crime
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Anti-Money Laundering (AML) compliance
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Know Your Customer (KYC) and identity verification
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Risk management and financial crime operations
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Payments and fintech
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Banking and financial services
Whether you are responsible for fraud detection, compliance, or payment risk, the session will offer insights into how a closer link between customer identity and transaction activity can support more informed risk decisions.
Register for the Webinar
Join Daniela Marin from Shufti to learn how identity-based transaction monitoring can help financial firms reduce false positives, improve fraud detection, and strengthen the connection between KYC and AML processes.
Register for the webinar here to reserve your place.
This article was written by Finance Magnates at www.financemagnates.com.
