The compliance software development endeavor seeks to establish a comprehensive system designed to meticulously monitorboth inbound and outbound payments for adherence to regulatory standards.This project entails the creation of a sophisticated software application tasked with detecting and flagging potentially suspicious transactions.With a primary objective of thwarting fraudulent activities and mitigating the risks associated with money laundering, the overarching aim is to uphold strict compliance with pertinent regulations.The anticipated outcomes of this project include a diminished susceptibility to fraud and money laundering, alongside bolstered regulatory compliance measures