Digitization of payment transactions, increase in need for mitigating money laundering and managing KYC compliance and CTF activities, growing identification of high-risk activities through advance analytics, and high demand for organizations to comply with stringent regulatory agreements drive the growth of the global transaction monitoring software market. On the other hand, lack of transaction monitoring …
Tag Archives: Transaction Monitoring Software
Transaction Monitoring Software Market: Industry Value is Projected to Reach $25.41 Billion by 2026, at CAGR of 15.7%
Integration of advanced technology and rise in the deployment of transaction monitoring system by SME’s are expected to create a number of opportunities in the near future. Digitization of payment transactions, increase in need for mitigating money laundering and managing KYC compliance and CTF activities, growing identification of high-risk activities through advance analytics, and high …