Legal Ops & ComplianceMedium
Transaction monitoring alerts are 97% false positive. What do you do?
Seen at: JPMorgan · Goldman Sachs · Chime · Coinbase
You inherit a transaction-monitoring program. The alert queue produces ~2,000 alerts/month and roughly 95–97% are false positives. The BSA officer wants to tune the rules but is scared of regulators. How do you approach it?
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