Banking Transaction Visibility
The Ether Monitoring portal provides a real time view of transaction flow fed from banking institutions. The banks provide a feed to Ether Monitoring containing transactions from the consumer to and from the gaming company. This enables an auditable trail of money into and from the gaming company.
The portal provides full filter and advanced search to enable rapid transaction location.
Export facilities enable integration of this data into the core processes of the government bodies.
Transaction reporting offers several benefits to gaming companies, mobile money operators, bank, regulators, and consumers. By providing online access to transaction data, reporting can enhance efficiency, transparency, and security. Some of the key benefits include:
- Improved decision-making: Transaction reporting allows stakeholders to make informed decisions based on up-to-date information. This can lead to better resource allocation, risk management, and overall business performance.
- Enhanced fraud detection and prevention: With access to transaction data, businesses and financial institutions can quickly identify suspicious or unusual activity, enabling them to take immediate action to prevent fraud or other forms of financial crime. This not only helps protect their customers and assets but also aids in maintaining the integrity of the system.
- Streamlined regulatory compliance: Transaction reporting can help organizations meet their regulatory reporting obligations more efficiently. By automating the reporting process, businesses can reduce the time and resources required for compliance, as well as minimize the risk of errors or omissions.
- Increased transparency and trust: Reporting enables the stakeholders to provide their customers with immediate access to transaction information. This increased transparency can help build trust, improve customer satisfaction, and strengthen relationships with stakeholders, including regulators.
