The business unit Transaction Monitoring covers the following activities:

• Processing of card and non-card transactions in the fraud monitoring system
• Processing and handling of ATM and POS authorisations for the purpose of monitoring and preventing fraud, submitting SMS and inspecting authorisations
• Defining rules and patterns of behaviour
• Rule analysis and optimization
• Introduction of new modules under the fraud monitoring system
• System upgrades and maintenance, including other connected systems
• Compliance with PSD2 RTS requirements and fraud reporting guidelines in terms of providing adequate technical support
• Compliance with other regulatory requirements