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[Blaka]

To keep EMI transactions in the U.S. safe, there are strict rules to follow. EMIs have to set up strong AML and KYC programs to stop and catch financial crimes. They also use encryption tech to protect sensitive data during electronic transactions, keeping user info safe from unauthorized access.

There are constant checks and reports to quickly find and deal with suspicious activities. Many EMIs use multi-factor authentication to make sure it's really the user accessing their account and to stop unauthorized access. Working closely with federal and state regulators helps follow security rules and the best ways of doing things in the industry.

 

[Deyiang]

that is a good way to be able to improve on the security of the financial institution if there is a regular checks up in how things are working in the industry customers will always want to use the online banking services to carry out their transaction
but if things are not moving the right way customers will go for the traditional ways and the online banking will lost it patronage

 

[IB DD]

A sub agency of the United States Department of Treasury, Financial Crimes Enforcement Network is constantly monitoring the activities of EMIs to ensure that there are no fraudulent activities and financial crimes going on in any of the EMIs. All EMI companies must comply with regulatory policies like encryption of transactions to keep on operating in the country.