Channel
Debit and credit cards: the money-laundering typologies a scenario should reach
6 of the 50 typologies in the dictionary apply to debit and credit cards. On the coverage chart this is the column CRD; 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 and fintech or digital bank.
Typologies that apply
6| Typology | Group |
|---|---|
| Cash withdrawn abroad | Cash and structuring |
| Cross-border activity out of profile | High-risk geography and cross-border |
| Velocity | Round amounts and velocity |
| Prepaid loading and card cash-out | Fraud-adjacent laundering |
| Transaction laundering through merchants | Fraud-adjacent laundering |
| Human trafficking red flags | Trafficking and other priority red flags |