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PPRO clamps down on financial crime risks with Sentinels

Monday 27 September 2021 13:53 CET | News

PPRO, a UK-based fintech, has partnered with transactions monitoring company Sentinels to enhance anti-money laundering (AML) controls for PPRO and its customers.

Using AI and machine learning, Sentinels helps fintechs, payment service providers, remittance companies, and (challenger) banks manage risk and fulfil their compliance obligations. The Sentinels platform monitors transactions, builds behavioural profiles, detects a range of suspicious activity, and generates recommended next steps.

The partnership enhances PPRO’s anti-money laundering (AML) controls, enabling their team to react to suspicious transactions and protect the customers they serve from financial crime risks. The full Sentinels platform will also be offered as a value-added service to PPRO’s customers: payment service providers, banks, and enterprises with payment platforms.


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Keywords: partnership, AML, API, artificial intelligence, machine learning
Categories: Fraud & Financial Crime
Companies:
Countries: United Kingdom
This article is part of category

Fraud & Financial Crime






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