The microfinance entities have a very different risk profile than the banking sector in general. Their customers operate under business plans in which the transaction amounts are not very high and, consequently, with a different behavior in the monitoring and detection of suspicious activities.
For this reason, the predictive analysis, the detection of relations or patterns, and the alerts as close as possible to real time, represent fundamental support for the monitoring units, compliance and fraud prevention areas of the microfinance entities.
The regulations affect the microfinance entities to the same extent as the banking sector and other industry segments. However, with Sentinel, regulatory compliance is a reality.