The Belgian national mail operator, bpost, has implemented Fiserv Inc.'s AML Manager for its domestic and international money transfers.
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AML Manager offers automated transaction monitoring and intelligent detection tools. The implementation was completed in less than a year and the technology is currently used by bpost's compliance and operations team in Belgium.
AML Manager is part of the Brookfield, Wis., vendor's financial crime risk management platform.
"By improving hit rates, reducing false positives and minimizing investigation cycles, the solution will enable our staff to focus on addressing more high-risk activities," Rony Monnaie, director of compliance, integrity and risk management at bpost, said in a news release on Monday.
