Transaction monitoring overview

Transaction Monitoring: spot, investigate and act on risk as it happens

Focus: a complete transaction monitoring workflow, from the first payment to the closed case.

Transaction Monitoring is now part of Bits. See every transaction in one place, define what "suspicious" means for your business, and get a case with all the context the moment something needs a closer look. It runs on Procedures, so the logic is yours to shape and the result is always explainable.

See every transaction
• A dedicated transactions view with search, filters and sortable columns, so analysts can find what they need in seconds.
• Transactions are also available on each customer, so you see the full activity picture next to the entity itself.
• Counts that keep up with your volume, however many transactions you process.
• Add your own custom transaction properties, show them as columns in the list, and keep the view tailored to how your team works.

Understand each transaction in full
• A rich transaction detail view with debtor, creditor, amounts, dates and status in one place.
• Complete bank account information next to each payment, including account holder, institution and verification details.
• Create transactions straight from the dashboard with a clean, guided flow, and edit transaction data when you need to correct or enrich a record.

Define your own monitoring logic
• Build monitoring rules visually with Procedures: start from every new transaction, add conditions and decide what happens next.
• Use ready-made aggregates to look at behaviour over time, such as transaction volumes and counts over a chosen period, filtered by status or by card activity.
• Bring in your own custom properties on transactions and customers, so rules reflect the way you run your business.
• Combine several rules and paths in a single procedure to cover everything from simple thresholds to layered scenarios.

Investigate with everything in front of you
• When your rules say something needs attention, a case is created automatically.
• The case view brings the whole story together: the transaction, the parties, the rules that fired and the procedure run behind it.
• Analysts can edit transaction details right inside the case, so they never have to leave the investigation.
• Every case keeps the record of the rules and execution that created it, so you can always show why an alert was raised.

Notify and integrate
• Send Slack messages the moment a rule fires, so the right people know straight away.
• Call webhooks to push alerts and decisions into your own systems.

Transaction Monitoring continues to grow with every release, with more aggregates, more rule building blocks and more ways to investigate on the way.