Belgian national mail operator bpost has implemented Fiserv Inc.'s AML Manager for its domestic and international funds transfers.
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AML Manager offers automated transaction monitoring and intelligent detection tools. They completed the implementation in less than a year, and bpost's compliance and operations team in Belgium is now using the technology.
AML Manager is part of the Brookfield, Wis.-based vendor's financial crime risk management platform.
"By improving hit rates, reducing false positives and minimizing investigation cycles, the [product] 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 Feb. 13 news release.
