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 Payment Services offers consulting and technology services for:
Sanctions, AML and fraud.
Operational liquidity management.
Business activity monitoring.
By transforming these ancillary services, banks can better manage risk and operational efficiency in pursuit of high performance.