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WED17 - Mitigating TBML Risks with Strengthened Oversight Systems


‐ Oct 3, 2018 2:15pm

• Creating institutional and client risk assessments based on factors such as geographic locations, beneficial ownership, nature of business and transaction patterns
• Training staff on typologies such as invoice manipulation, buyer/seller collusion and document fraud to enhance transaction screening and flag potential TBML activities
• Utilizing tools such as text and web analytics to attain operational efficiencies, standardize TBML oversight across enterprise and mitigate manual review error risks

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