With heightened focus on regulatory compliance and operational efficiency, banks must look at ancillary services.
Achieving operational efficiency with effective compliance and risk functions is critical to a modern, competitive payment operation. Electronic transaction volume growth, new regulations—particularly for sanctions, anti-money laundering (AML) and fraud detection—and the trend toward real-time processing provide a considerable challenge to achieving operational efficiency, including efficient operational liquidity management.
To complement its payment and cards renewal capabilities, Accenture Payments offers consulting and technology services for:
Sanctions, AML and fraud
Operational liquidity management
Business activity monitoring