epay launches Skylight financial transaction monitoring platform

epay announced the launch of Skylight, a new platform that brings much-needed innovation to the complex and tedious manual work compliance analysts face when maintaining compliance programs for regulated financial transactions at money services businesses such as retailers, digital banks and fintechs. A cloud-based platform available on the Microsoft Azure and AWS marketplaces, Skylight enhances compliance analysts’ productivity levels through analytics to identify the highest priority compliance issues while reducing the "false positives" that consume time and resources unnecessarily. When suspicious transactions are identified, Skylight triggers alerts for compliance analysts and then streamlines follow-up tasks such as one-click Suspicious Activity Report submissions to FinCEN, the Financial Crimes Enforcement Network of the United States Department of the Treasury.