Channel
ACH and direct entry: the money-laundering typologies a scenario should reach
12 of the 50 typologies in the dictionary apply to ACH and direct entry. On the coverage chart this is the column ACH; each typology below is one sector in it.
This channel does not settle in seconds, so a daily screen reads it before value moves in most cases; the scenarios on it are read for coverage like any other. Offered by default for: community bank, credit union, money transmitter or payments company, fintech or digital bank and broker-dealer.
Typologies that apply
12| Typology | Group |
|---|---|
| Rapid movement of funds | Rapid movement and pass-through |
| Transfers between related accounts | Rapid movement and pass-through |
| Loan paid down from unexplained funds | Rapid movement and pass-through |
| Money mules | Funnel, mule and third-party deposits |
| Many-to-one and one-to-many | Funnel, mule and third-party deposits |
| High-risk customer segment | PEPs, private banking and correspondents |
| Charities and non-profits | PEPs, private banking and correspondents |
| Activity above the expected profile | Profile change and dormant reactivation |
| New accounts with outsized activity | Profile change and dormant reactivation |
| Round amounts | Round amounts and velocity |
| Sanctions name screening | Sanctions screening and interdiction |
| Business email compromise | Fraud-adjacent laundering |