Transactions > Management > Memorized Transactions > Search - the any option on the Name field changes to starts with when a value is typed in the text field next to it; selecting any from the dropdown field again clears the field

This is working as designed. Any is used to display that there is no specific criteria for that field. This applies to number and text fields.

Its behaviour confirms that it is indeed a placeholder.

1. Specifying a value on the edit box beside it changes the dropdown value to has keywords or start with depending on data type and maybe, field length.
2. Selecting any from the dropdown fields clears the field, indicating that you do not wish to filter the search using the field.