GET https://rct.dev.bbntimes.com/financial/5-ways-to-improve-transaction-monitoring-in-business-operations

ArticleController :: show

Request

GET Parameters

None

POST Parameters

None

Uploaded Files

None

Request Attributes

Key Value
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accept
"*/*"
accept-encoding
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connection
"close"
cookie
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host
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user-agent
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x-php-ob-level
"1"

Request Content

Request content not available (it was retrieved as a resource).

Response

Response Headers

Header Value
cache-control
"no-cache, private"
content-type
"text/html; charset=UTF-8"
date
"Sat, 22 Feb 2025 13:40:42 GMT"
link
"</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style""
x-debug-token
"db286d"

Cookies

Request Cookies

Key Value
PHPSESSID
"7128lle6qb2p59iq4jjs4ruthl"
care_did
"ae97dfe3-e5e8-413b-a6b4-663a2b7bd9f9"

Response Cookies

No response cookies

Session 6

Session Metadata

Key Value
Created
"Sat, 22 Feb 25 13:40:27 +0000"
Last used
"Sat, 22 Feb 25 13:40:40 +0000"
Lifetime
0

Session Attributes

Attribute Value
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Session Usage

6 Usages
Stateless check enabled
Usage
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Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
[
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    "line" => 41
    "function" => "getMetadataBag"
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    "function" => "getToken"
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    "function" => "handle"
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]
Symfony\Component\Security\Http\Firewall\ContextListener:171
[
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    "line" => 171
    "function" => "remove"
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    "function" => "onKernelResponse"
    "class" => "Symfony\Component\Security\Http\Firewall\ContextListener"
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    "function" => "__invoke"
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]

Flashes

Flashes

No flash messages were created.

Server Parameters

Server Parameters

Defined in .env

Key Value
APP_ENV
"dev"
APP_SECRET
"0a988e63f011514eaabfc650b599af4d"
CORS_ALLOW_ORIGIN
"*"
DATABASE_URL
"mysql://bbndb_rctuser:33F5W25z40or0f7@localhost:3306/rct_bbntimes"
GOOGLE_RECAPTCHA_SECRET_KEY
"6LdV5fgpAAAAANxzTG8ZMfIjil1wu-1vrQvnUt-x"
GOOGLE_RECAPTCHA_SITE_KEY
"6LdV5fgpAAAAAENKcn73MJAhQrbtQeqgyC4wDLMP"
MAILER_DSN
"smtp://no-reply%40rct.dev.bbntimes.com:Bl6%26gLD48%26Of919@rct.dev.bbntimes.com:465"
MARIADB_PASSWORD
"i!87pK&!85ezc8"

Defined as regular env variables

Key Value
APP_DEBUG
"1"
BASE
"/public"
CONTEXT_DOCUMENT_ROOT
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
CONTEXT_PREFIX
""
DOCUMENT_ROOT
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
FCGI_ROLE
"RESPONDER"
GATEWAY_INTERFACE
"CGI/1.1"
HTTPS
"on"
HTTP_ACCEPT
"*/*"
HTTP_ACCEPT_ENCODING
"gzip, br, zstd, deflate"
HTTP_CONNECTION
"close"
HTTP_COOKIE
"care_did=ae97dfe3-e5e8-413b-a6b4-663a2b7bd9f9; PHPSESSID=7128lle6qb2p59iq4jjs4ruthl"
HTTP_HOST
"rct.dev.bbntimes.com"
HTTP_USER_AGENT
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY
"0"
PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY
"0"
PATH
"/usr/local/sbin:/usr/local/bin:/usr/sbin:/usr/bin:/sbin:/bin:/snap/bin"
PHP_SELF
"/public/index.php"
PP_CUSTOM_PHP_CGI_INDEX
"plesk-php81-fastcgi"
PP_CUSTOM_PHP_INI
"/var/www/vhosts/system/rct.dev.bbntimes.com/etc/php.ini"
QUERY_STRING
""
REDIRECT_BASE
"/public"
REDIRECT_HTTPS
"on"
REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY
"0"
REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY
"0"
REDIRECT_REDIRECT_HTTPS
"on"
REDIRECT_REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY
"0"
REDIRECT_REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY
"0"
REDIRECT_REDIRECT_SCRIPT_URI
"https://rct.dev.bbntimes.com/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
REDIRECT_REDIRECT_SCRIPT_URL
"/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
REDIRECT_REDIRECT_SSL_TLS_SNI
"rct.dev.bbntimes.com"
REDIRECT_REDIRECT_STATUS
"200"
REDIRECT_REDIRECT_UNIQUE_ID
"Z7nT2pDyWLT8YV1VjBpZMQAAAIM"
REDIRECT_SCRIPT_URI
"https://rct.dev.bbntimes.com/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
REDIRECT_SCRIPT_URL
"/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
REDIRECT_SSL_TLS_SNI
"rct.dev.bbntimes.com"
REDIRECT_STATUS
"200"
REDIRECT_UNIQUE_ID
"Z7nT2pDyWLT8YV1VjBpZMQAAAIM"
REDIRECT_URL
"/public/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
REMOTE_ADDR
"3.142.210.41"
REMOTE_PORT
"24842"
REQUEST_METHOD
"GET"
REQUEST_SCHEME
"https"
REQUEST_TIME
1740231642
REQUEST_TIME_FLOAT
1740231642.2843
REQUEST_URI
"/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
SCRIPT_FILENAME
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
SCRIPT_NAME
"/public/index.php"
SCRIPT_URI
"https://rct.dev.bbntimes.com/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
SCRIPT_URL
"/financial/5-ways-to-improve-transaction-monitoring-in-business-operations"
SERVER_ADDR
"5.196.1.209"
SERVER_ADMIN
"[no address given]"
SERVER_NAME
"rct.dev.bbntimes.com"
SERVER_PORT
"443"
SERVER_PROTOCOL
"HTTP/1.1"
SERVER_SIGNATURE
"<address>Apache Server at rct.dev.bbntimes.com Port 443</address>\n"
SERVER_SOFTWARE
"Apache"
SSL_TLS_SNI
"rct.dev.bbntimes.com"
SYMFONY_DOTENV_VARS
"APP_ENV,APP_SECRET,DATABASE_URL,MARIADB_PASSWORD,CORS_ALLOW_ORIGIN,MAILER_DSN,GOOGLE_RECAPTCHA_SECRET_KEY,GOOGLE_RECAPTCHA_SITE_KEY"
UNIQUE_ID
"Z7nT2pDyWLT8YV1VjBpZMQAAAIM"

Sub Requests 6

CookieController :: renderAnalysis (token = 4c45db)

Key Value
_controller
"App\Controller\CookieController::renderAnalysis"
_format
"html"
_locale
"en"
_stopwatch_token
"98e9ee"

AppController :: renderHeader (token = 19f828)

Key Value
_controller
"App\Controller\AppController::renderHeader"
_format
"html"
_locale
"en"
_stopwatch_token
"ca469a"
slug
"home"

ArticleController :: trendingArticle (token = 7de340)

Key Value
_controller
"App\Controller\ArticleController::trendingArticle"
_format
"html"
_locale
"en"
_stopwatch_token
"0898e5"
category
"Finance"

ArticleController :: relatedArticles (token = aef0d3)

Key Value
_controller
"App\Controller\ArticleController::relatedArticles"
_format
"html"
_locale
"en"
_stopwatch_token
"940bed"
current_article
App\Entity\Article {#1094
  -id: 14596
  -title: "5 Ways to Improve Transaction Monitoring In Business Operations"
  -slug: "5-ways-to-improve-transaction-monitoring-in-business-operations"
  -introtext: "<p>The FinTech industry has experienced exponential growth to facilitate users during payment transfers and more.</p>\r\n"
  -content: """
    \r\n
    <p>According to Statista, the financial revenue of FinTech will grow to around 188 billion pounds by 2024. The figure highlights the importance of applying transaction monitoring processes in&nbsp;business financial dealings. This way, business experts can easily ensure compliance with KYC and AML regulations to avoid hefty fines and permanent bans. In this way, FinTech experts can provide a positive experience for users and boost yearly profit rates.&nbsp;</p>\r\n
    <p>Let’s briefly overview KYT services, procedures and five ways to improve transaction monitoring in money laundering.&nbsp;&nbsp;</p>\r\n
    <h2>Transaction Monitoring in the Fintech Sector: A Brief Overview</h2>\r\n
    <p><img src="/images/Transaction_Monitoring_in_the_Fintech_Sector.jpg" alt="Transaction_Monitoring_in_the_Fintech_Sector.jpg" /></p>\r\n
    <p>KYT is about observing clients' monetary exchanges in real-time. This entails spending money through deposits, transfers, purchases, and withdrawals. It is typically associated with customers’ historical data to create a complete picture of users’ activities.&nbsp;</p>\r\n
    <p>High-risk transaction monitoring facilitates the fintech sector in making predictions and mitigating risks. This way, businesses can curb scams, terrorism financing and other financial crimes effectively. In the modern world, transaction monitoring and assessment are significant to fulfil <a href="financial/blockchain-must-be-applied-to-kyc-and-anti-money-laundering" target="_blank" rel="noopener">AML</a> and CFT regulatory obligations.&nbsp;</p>\r\n
    <h2>Transaction Monitoring Solutions in the Fintech Sector</h2>\r\n
    <p>The manual transaction monitoring solutions are time-consuming and resource-draining. This is where the application of <a href="technology/3-ways-in-which-artificial-intelligence-improves-kyc-for-your-business" target="_blank">AI-driven</a> KYT systems plays an important role whilst increasing the efficiency of the process. The automated approach can review all transactions and offer scalability and a feasible approach.&nbsp;</p>\r\n
    <p>The monitoring of financial transactions to detect money laundering is highly accurate. As a result, there is less chance of error during inspections of irregularities.&nbsp;<a href="https://shuftipro.com/knowledgebase/transaction-monitoring/" target="_blank" rel="noopener">Real-time transaction monitoring</a> can help experts detect red flags such as bribery, corruption, ID theft and terrorism financing. After identifying abnormalities, the automated technology alerts the compliance officers to conduct a follow-up assessment.&nbsp;</p>\r\n
    <h2>Determinants of AML/CFT Controls - Gaining Insight</h2>\r\n
    <p>For financial firms, it is mandatory to follow all local and international regulations. FINRA has published its report on the investigation and risk mitigation programs. FATF has introduced some standards, such as AML &amp; CFT guidelines. It identifies the following factors as decisive in AML/CFT controls:&nbsp;</p>\r\n
    <ul>\r\n
    <li aria-level="1">\r\n
    <p>How diverse are the business operations in the FinTech sector?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>What is the size, type and complexity of a firm?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>How does the financial sector deal with intermediaries and third parties?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>What is the main distribution channel?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>What are the size and volumes of monetary exchanges in the industry?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>How much risk is associated with every area of the FinTech industry?</p>\r\n
    </li>\r\n
    <li aria-level="1">\r\n
    <p>What kind of clients, products and business activities are there in FinTech?</p>\r\n
    </li>\r\n
    </ul>\r\n
    <h2>How to Enhance Transaction Monitoring Process in Business Operations</h2>\r\n
    <p><img src="/images/How_to_Enhance_Transaction_Monitoring_Process_in_Business_Operations.jpg" alt="How_to_Enhance_Transaction_Monitoring_Process_in_Business_Operations.jpg" /></p>\r\n
    <p>To deter illicit actions, the fintech industry needs a system to monitor transactions for signs of money laundering and terrorist financing. Any customer associated with a Politically Exposed Person (PEP) faces serious legal penalties.&nbsp;</p>\r\n
    <p>Applying transaction monitoring in financial dealings is essential to ensure a positive experience and stay one step ahead of the competition. The following points can help corporations hit targets through updated transaction monitoring services.&nbsp;</p>\r\n
    <h3>1. Understanding Customer Risk Factors</h3>\r\n
    <p>There are various risk levels associated with each customer’s profile. It is influenced by various historical and current factors such as location &amp; industry. Hence, it is important to comprehend users’ risk factors to deal with financial crimes successfully.&nbsp;</p>\r\n
    <h3>2. Creating Rules for All Types of Risk&nbsp;</h3>\r\n
    <p>The <a href="https://edition.cnn.com/2021/10/28/investing/big-banks-fintechs/index.html" target="_blank" rel="noopener">FinTech sector </a>must define all the rules for every risk category (low, medium, and high). This is important to avoid financial scams and also non-compliance penalties. The big tip is to design laws that are customisable and dynamic.&nbsp;</p>\r\n
    <h3>3. Setting Up Fraud Alerts</h3>\r\n
    <p>In case of AML rule violation, there should be an alert to notify the compliance officers. The purpose is to help authorities evaluate suspicious activities and upgrade security measures.&nbsp;</p>\r\n
    <h3>4. Notifying Compliance Teams</h3>\r\n
    <p>When authorities receive the notification, there should be a transaction once &amp; unless compliance officers have thoroughly examined the risk.&nbsp;</p>\r\n
    <h3>5. Producing a SAR</h3>\r\n
    <p>Producing a Suspicious Activity Report (SAR) is critical in suspicious activities. It should be sent to the Financial Intelligence Unit (FIU). It is cumbersome and time-consuming, but transaction monitoring in money laundering can automate it.&nbsp;</p>\r\n
    <h2>Summing up</h2>\r\n
    <p>When it comes to <a href="financial/blockchain-must-be-applied-to-kyc-and-anti-money-laundering" target="_blank">money laundering</a> and terrorism financing, businesses still using antiquated transaction monitoring systems are at risk. Moreover, transaction monitoring in anti-money laundering is crucial in the present regulatory environment.&nbsp;</p>\r\n
    <p>Corporations can collaborate with a third-party vendor and implement a GDPR-compliant solution that facilitates AML regulations compliance. This way, companies can secure a strategic advantage and attract genuine customers worldwide.</p>
    """
  -user: Proxies\__CG__\App\Entity\User {#1092 …}
  -createdAt: DateTime @1694381703 {#1145
    date: 2023-09-10 21:35:03.0 UTC (+00:00)
  }
  -updatedAt: DateTime @1694381808 {#1150
    date: 2023-09-10 21:36:48.0 UTC (+00:00)
  }
  -deletedAt: null
  -category: App\Entity\Category {#445 …}
  -status: "published"
  -imageCard: Proxies\__CG__\App\Entity\File {#1184 …}
  -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …}
  -featured: false
  -mainView: false
  -clicks: 2041
  -comments: Doctrine\ORM\PersistentCollection {#1125 …}
  -reviewed_at: DateTime @1694381703 {#1148
    date: 2023-09-10 21:35:03.0 UTC (+00:00)
  }
  -metakey: "5 Ways to Improve Transaction Monitoring In Business Operations"
  -metadesc: "The FinTech industry has experienced exponential growth to facilitate users during payment transfers and more."
  -robots: null
  -publishedAt: DateTime @1694381703 {#1147
    date: 2023-09-10 21:35:03.0 UTC (+00:00)
  }
  -canonical: null
  -superTag: null
}

AppController :: renderFooter (token = bcfd6c)

Key Value
_controller
"App\Controller\AppController::renderFooter"
_format
"html"
_locale
"en"
_stopwatch_token
"4d58cb"

CookieController :: renderCookie (token = 4fcd6c)

Key Value
_controller
"App\Controller\CookieController::renderCookie"
_format
"html"
_locale
"en"
_stopwatch_token
"69b622"