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Collaborating towards effective transaction monitoring

The five Dutch banks, ABN AMRO, ING, Rabobank, Triodos Bank and the Volksbank, have joined forces under the name Transaction Monitoring Netherlands (TMNL). Together, they intend to tackle financial crime by collaboratively monitoring the banks’ payment transactions for signs that could potentially indicate money laundering and the financing of terrorism.

The way we work

TMNL combines transaction data from the various banks and makes meaningful connections between this data. TMNL is creating smart models to detect these potentially unusual transactions. These models are used effectively and responsibly, while excluding risks — such as the risk of discrimination — in the process.

TMNL is looking for talent

Download our Position Paper

Each year, an estimated €16 billion is laundered by criminals in the Netherlands, of which only two percent is actually confiscated. This percentage can and must be improved upon, and Dutch banks are doing all they can to tackle money laundering as effectively as possible. That is why Transaction Monitoring Netherlands (TMNL) was founded by five Dutch banks: ABN AMRO, ING, Rabobank, Triodos bank and de Volksbank.