GOVERNMENTS AND CENTRAL BANKS
Challenges Facing Governments and Central Banks
For Governments and Central Banks, remittances represent a vital resource to promote and protect.
However, as remittance markets continue to grow, so do the risks associated with these transactions, such as:
Illicit money flows
Money laundering
A general lack of compliance regulatory compliance
Security issues
Monitoring compliance and measuring transactions with X Stream
X Stream provides data-driven AML tools and ensures that each and every dollar sent and received is legal and accounted for.
X Stream provides you with actionable information on each remittance transaction, through live dashboards and unique functionalities that include:
Full reporting on transactions volumes, fraud, revenue, cumulative amount of taxes due, etc.
Anti-Money Laundering (AML) capabilities with automated detection of suspicious transactions
Automated measurement of inbound and outbound remittances
