March 23, 2005 - Boston, USA - Norkom Technologies has reached an agreement with Travelex, which will see Norkom’s Anti-Money Laundering & Compliance solution implemented to service all operations across the group.

Travelex is a world leading money services organization with offices in 34 countries, corporate relationships in 110 countries, and servicing over 29 million customers each year.

Travelex will use Norkoms’ Solution to detect suspicious behavior amidst business transactions across the range of international travel and financial products. Furthermore the solution will be used to profile and case manage possible anti-money laundering activities, in addition to the production of compliance reporting as required by the various local, national and international financial regulators.

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