Belgian postal operator bpost has selected US financial services technology company Fiserv to use the latter’s AML Manager for its international and domestic money transfers.

Under the agreement, the AML Manager from Fiserv is set to provide bpost with automated transaction monitoring and fraud detection tools.

The AML Manager from Fiserv is part of the company's Financial Crime Risk Management platform which provides services including financial crime risk management, financial risk management, financial performance management and financial control services.

In recent news, the Management Consulting unit of Belgium-based payments technology provider Clear2Pay has entered an agreement with bpost to launch the bpaid prepaid card in Belgium.