Sumsub has announced the second iteration of its Advanced Transaction Monitoring Masterclass 2024 after exceptional feedback following its initial launch in February.
Over 2,500 anti-money laundering (AML), anti-fraud, and compliance professionals in the fintech sector registered.
The self-paced course helped “to boost their knowledge in combating financial crime issues facing their respective companies.”
Nearly all (over 99%) of the participants “claimed that the course helped them improve the skills required for their current roles and would recommend it to peers.”
The highest proportion of participants (41.4%) were from “the fintech industry, followed by the crypto sector (14.7%).”
The free course, with alternatives “that typically cost over US$800, offers insights from a diverse group of financial crime experts who shared expertise during the first module. These range from junior compliance officers to seasoned Money Laundering Reporting Officers (MLROs).”
Through launching the second batch of the course, Sumsub aims to “provide knowledge via open access, with a course design that acknowledges all experience levels.”
Professionals looking to participate in the course can register for the Transaction Monitoring Masterclass here.
Andrew Novoselsky, Chief Product Officer at Sumsub, said:
“We are proud to be launching the second batch of our Transaction Monitoring course. Empowering professionals with the essential skills needed to combat financial crime is pivotal in today’s ever-evolving landscape. This Masterclass reaffirms our commitment to equipping industry professionals with crucial knowledge and strategies for safeguarding businesses against illicit activities.”
Once participants have completed the course, they will “receive a certificate of completion to show their dedication to learning the latest transaction monitoring tactics.”
As covered, Sumsub is the one verification platform “to secure the whole user journey.”
With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can “orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.”
Sumsub claims that it “has over 2,000 clients in fintech, crypto, transportation, trading, e-commerce and gaming industries including Wirex, Avis, Bybit, Huobi, Unlimit, Flutter, Kaizen Gaming, and TransferGo.”