Transaction Monitoring. 21. Does your institution have a monitoring program for unusual and potentially suspicious activities that could expose your institution to any ML/FT risks.
Transaction Monitoring. Bank may, in its sole discretion, implement internal monitoring systems to evaluate Customer Transactions and the risk of possible fraudulent activity. Such Transaction monitoring is part of Bank’s internal processing and is not a component of the Security Procedures, and Customer agrees that the Security Procedures will be considered commercially reasonable regardless of whether they incorporate information from Transaction monitoring. Customer agrees that Bank may process Payment Orders and other Instructions verified by the Security Procedures and Bank will be considered to have acted in good faith and in compliance with the Security Procedures, regardless of the results of Transaction monitoring, including the detection of possible fraudulent activity; provided that Bank does not have actual knowledge that the Transaction is unauthorized and a reasonable opportunity to act on that knowledge. However, Bank reserves the right to reject Payment Orders and other Instructions verified by the Security Procedures in the event Bank identifies a risk of possible fraudulent activity and Bank shall not be responsible for its refusal to act upon any Payment Order or other Instructions based upon the results of Transaction monitoring.
Transaction Monitoring. 16.1 The Supplier shall provide the Customer with the functionality to monitor availability, completion rates and Transactions timings.
Transaction Monitoring. 25.1. All transactions executed and/or attempted to be executed on the Cryptoforce Offering may be monitored by Cryptoforce, both manually and through use of technology, to promptly identify and highlight suspicious activity and/or transactions, which may include without limitation, high value transactions, cross-border transactions and any Suspicious Transactions.
Transaction Monitoring. 8.1. All Transactions executed and/or attempted to be executed on the Platform are regularly monitored by Xxxxx for purposes of identifying and highlighting transactions that may be deemed suspicious.
Transaction Monitoring. Ripple Labs will institute AML programmatic transaction monitoring across the entire Ripple protocol, and will report the results of such monitoring to the U.S. Attorney’s Office, FinCEN, and any other law enforcement or regulatory agency upon request. The monitoring and reporting must include, at a minimum: (a) risk rating of accounts based on the particular gateway used; (b) dynamic risk tools to facilitate investigation of suspicious activity, including counterparty reporting, flow of funds reporting, account flagging of suspicious accounts, and degrees of separation reporting; and (c) other reports of protocol-wide activity regarding any unlawful activity.
