USPS Complies with Federal Anti-Money Laundering & Anti-Terrorism Regulations with RasterMaster®
To comply with federal anti-money laundering/anti-terrorist laws and regulations, the USPS analyzes images of cleared postal money orders to detect possible suspicious activity. Because there are no required standards for the image formats, when the Federal Reserve initiates the digital process and issues the electronic image of the money order, the USPS must be able to read the multiple formats as well as convert the files to a standard format for analysis. Each money order is made up of two images, one each for the front and back.
About the Client
The United States Postal Service (USPS) is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable, and secure delivery of mail and packages to nearly 165 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands. The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products, and services to fund its operations. Learn more at https://about.usps.com/.