Only available on the Pro plan.

​
Overview

Anomalies help you monitor your financial data, flag suspicious activities in real-time, and notify you to take action. Blnk currently flags anomalies based on pre-configured rules built into your Cloud workspace.

​
Anomaly types

There are three anomaly types — balances, transactions, and identities.

​
Balance anomalies

These anomalies are flagged when suspicious activities are detected in one or more balances.
  • Increased credit/debit frequency detected: Frequent unexpected credit/debit transactions above normal activity patterns may indicate account irregularities or potential unauthorized access.
  • Unusual repeated transactions: Repeated transactions with consistent amounts and timing that deviate from established patterns may signal automated fraud attempts or account tampering

​
Transaction anomalies

Transactions get flagged due to:
  • Suspicious time of transaction: Activity occurring outside established operating timeframes or expected business cycles warrants additional verification to ensure transaction legitimacy.
  • Suspicious transaction keywords: Analysis of transaction descriptions identifies keywords associated with high-risk activities, suspicious patterns, or prohibited transactions.
  • High-risk locations: Transactions involving jurisdictions identified as having elevated financial crime risk or inadequate compliance frameworks require enhanced scrutiny and additional due diligence measures.

​
Identity anomalies

Identities get flagged due to:
  • PEP or sanctions list match: he identity has matched against records in politically exposed persons databases or international sanctions lists, requiring verification and review.
  • High-risk locations: The identity is associated with a jurisdiction designated as high-risk, necessitating additional verification steps and enhanced due diligence procedures.
  • Unusual activity by senior customer: Unusual transaction patterns or account activities are detected on accounts belonging to elderly customers, triggering enhanced monitoring protocols.

​
Anomaly statuses

There are three anomaly statuses: FLAGGED
  • The system creates an initial notification requiring investigator review.
  • Each flagged case enters a queue for assignment to the investigative team.
  • Automated alerts are sent to relevant compliance personnel.
INVESTIGATING
  • An assigned investigator begins analyzing the full anomaly trail.
  • The system tracks all investigative actions in a detailed audit log.
  • The case handler documents findings and evidence during review.
RESOLVED
  • The investigation concludes with a formal determination.
  • All required regulatory reports are filed if suspicious activity is confirmed.
  • The final case report documents actions taken and resolution details.

​
Need help?

Let’s help you get started with Cloud! Whether you’re setting up your first workspace or adding Cloud to your existing tools, our team is here to help you succeed. Contact our Support team to get answers and expert guidance on making the most of Cloud.