SUSPICIOUS TRANSACTION TRACKING SYSTEM AND AUTOMATIC REPORTING

Nowadays, the number of transactions passing through payment systems and banks has reached enormous proportions. Not all of these payments are safe and acceptable for us. Therefore, regulations aimed at tracking and monitoring suspicious transactions are necessary to identify problems and prevent them in a timely manner. Due to the number of transactions and the peculiarities of regulations in any territorial jurisdiction, there is inevitably a need for software that will automate the execution of these tasks. Otherwise, their execution is not possible. This article proposes a suspicious transaction tracking system with customizable parameters, which will also provide reports in the selected form and format. The system provides the ability to configure parameters for detecting suspicious transactions, which may vary depending on the specifics of the business. For example, parameters may include the minimum and maximum transaction amount, location and IP address of the sender and recipient, transaction type, and others. The main goal is to make this system modern, fast, and flexible to meet and adapt to the needs of the business and the legislative requirements of a particular territorial jurisdiction.