Automation is A Patriotic Act ForTransAtlantic

Kite, Shane
February 2005
Bank Technology News;Feb2005, Vol. 18 Issue 2, p12
Trade Publication
Reports on the adoption of with FAST3124(a) technology by TransAtlantic Bank in auditing non-customer transactions in Miami, Florida. Use of the technology in automating the bank's systems to comply with anti-money laundering laws governing; Requirement of law for banks to search their accounts and submit information to FinCen, U.S. Treasury's information-sharing network; Aid of the system in cross-checking the names of the remitter and payee on monetary exchange against various terrorist blacklist.


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