Is your Transaction Monitoring system fit for purpose?
AML Simon McMahon AML Simon McMahon

Is your Transaction Monitoring system fit for purpose?

Malverde have supported many clients to design, implement and optimise their TM systems. Through this experience we have developed the following checklist to support clients in reviewing the suitability of their system to manage their unique risks and avoid large inefficiencies and costs.

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Mules – the ass-end of the problem
Fraud Simon McMahon Fraud Simon McMahon

Mules – the ass-end of the problem

When it comes to APP fraud, the industry’s primary focus is currently on ‘breaking the spell’ cast on victims. However, its mules and the criminal organisations behind them that are the perpetrators of these crimes. More action needs to be taken to address the ‘ass-end’ of the problem if we are going to prevent APP fraud!

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