The product is associated with the automatic verification of transactions.
It consists of two components:
- Transaction API (method GET /{network}/risk/transaction/{txID});
- Transaction Dashboard.
The Transaction Dashboard is a separate interface in the AML system that allows for processing information about transactions obtained through the API.
Main Participant in the Process
Compliance Officer - an exchange employee who analyzes transactions for fraud.
Process Description:
- To start, go to the “API” page, which will display the following main tabs with information about transactions:
- OVER LIMIT - a list of transactions that have exceeded the category limit;
- CLEAN - a list of transactions where the risk is below the specified limits;
- BLOCKED - a list of transactions that need to be blocked.
- Initially, set limits for each category in the interface. The AML system provides a list of all categories being checked. You can familiarize yourself with the full list of categories by clicking the Edit limit button.
The Compliance Officer can set the necessary limits using the Edit limit button.
The tab displays 72 categories according to the directory. Each category lists a default percentage that is recommended in the Recommended Limit field. The Compliance Officer can change the specified values in the Custom Limit field and then press the Apply button:
- The Compliance Officer goes to the OVER LIMIT tab and reviews all transactions that have exceeded the limit. Transactions are processed manually using the "Analyzer" product or other software products.
The OVER LIMIT tab displays the following fields:
- Date - the date of transaction processing;
- Hash - unique transaction identifier;