Transaction Monitoring
Detect suspicious behaviour before it becomes a problem
The Problem
Suspicious activity hides in the volume of transactions your business processes. No compliance team can manually review thousands of transactions to find structuring patterns, velocity anomalies, or high-risk behaviour. What gets missed becomes a regulatory liability.
Structuring and smurfing patterns only become visible at scale — impossible to spot manually
High transaction volumes mean most transactions get no compliance review at all
Missed suspicious activity means missed SMR obligations — and that is an AUSTRAC breach
Why It Matters
Your obligation to submit a Suspicious Matter Report exists whether or not you detect the activity. AUSTRAC holds reporting entities accountable for having monitoring systems capable of detecting suspicious activity — not just for reporting when they happen to notice something.
How Verigo Solves It
Verigo's automated rule engine screens every transaction against configurable AML monitoring rules. Structuring, velocity anomalies, high-risk jurisdictions, and unusual behaviour are flagged in real time. Alerts become investigation cases automatically — nothing is dropped.
How It Works
Transaction received
Every transaction ingested — in real time or via batch upload.
Rules applied
Configurable rule engine checks amount, frequency, jurisdiction, and behaviour.
Alert generated
Rule breach creates an alert with full transaction context attached.
Case created
Alert routed to case management — assigned to an analyst.
Investigation conducted
Analyst reviews, documents findings, escalates to MLRO if required.
SMR filed or dismissed
Suspicious matters reported to AUSTRAC. Dismissed cases documented with rationale.
Key Benefits
Every transaction reviewed — not a sample. Suspicious activity cannot hide in volume
Structuring, velocity anomalies, and high-risk patterns detected automatically
Analysts focus on genuine alerts — not manually reviewing transaction exports
SMR preparation begins from the case — no manual re-entry of transaction details
Monitoring effectiveness is demonstrable to AUSTRAC — rule configuration and alert history auditable
Industry Examples
Daily high-volume transfers monitored for structuring, high-risk corridor activity, and smurfing patterns — all automatically.
Crypto transaction monitoring detects unusual wallet activity, rapid in/out patterns, and exchange-specific risk signals.
Merchant transaction monitoring identifies unusual velocity, high refund rates, and off-hours activity that may indicate card fraud or laundering.
Try Transaction Monitoring free for 7 days
Monitor 100% of transactions. Detect what matters. Build the evidence that satisfies AUSTRAC.