Payments Industry

All Payments sector participants, depending on the jurisdictions in which they operate, are subject to Anti-money Laundering (AML) and Counter-terrorist fighting (CFT) regulations. These differ from country to country, however, all financial sector Clients have to undergo some type of Know Your Customer (KYC) screening in order to keep the industry from being used for money laundering, terrorist financing, movement of illegal finds, etc.

We provide solutions to tackle these obstacles and help you to provide your Clients with the best customer experience.

What we offer:

  1. Screening against regional sanctions databases, such as OFAC, UN, SECO, EU and those of particular countries, where your business operates, tailored to your products
  2. Screening against national and international Politically Exposed Persons (PEP) lists
  3. Going deeper and screening against negative media coverage across the web to uncover risks like bankruptcy and fraud
  4. Staying in line with the AML regulations, while keeping the experience of your Clients flawless
  5. Automating Clients’ KYC screening – both at the onboarding and then at monitoring at time intervals set by you
  6. Reducing false positives by ensuring you only find what you are looking for

Who we provide solutions for:

  • Acquirers / processors
  • Card Issuers
  • Gateways
  • Neobanks
  • Credit unions
  • e-Wallets
  • Forex companies
  • Virtual currencies / exchanges
  • Crypto exchanges
  • Pre-paid card issuers

If you are a Payments industry participant and are serious about following AML/CFT Regulations, contact us now