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How does crypto monitoring software aid financial institutions?

Posted on 15 February 2022 12:52 am EST

Digital currency transactions are growing day by day. With this, the financial institutions need to strengthen the crypto transaction monitoring systems to track transactions and ensure that it meets the regulatory requirements. So, Velocity’s crypto monitoring software helps to:

 

  • Prevent money laundering

  • Detect and mitigate high-risks

  • Reduce cost and improve data quality

  • Generate accurate and actionable SARs