AML Compliance for Payment Service Providers
Navigate complex cross-border regulations and multi-jurisdictional requirements with tailored compliance frameworks designed specifically for PSPs
PSP Compliance Challenges We Solve
Payment service providers face unique AML challenges that require specialized expertise and tailored solutions
Multi-Jurisdictional Complexity
Managing varying AML requirements across multiple countries, each with unique regulations, reporting obligations, and enforcement approaches
Cross-Border Transaction Risk
Identifying and mitigating money laundering risks in high-volume, real-time cross-border payment flows with limited customer information
Third-Party Agent Networks
Maintaining compliance oversight across extensive networks of agents, correspondents, and partners operating in diverse regulatory environments
Real-Time Monitoring
Implementing effective transaction monitoring systems that balance speed of payment processing with thorough AML screening requirements
Regulatory Harmonization
Creating unified compliance frameworks that satisfy divergent regulatory expectations while maintaining operational efficiency
Enhanced Due Diligence
Conducting appropriate customer due diligence in a digital environment with varying levels of identity verification requirements
PSP Compliance Framework
Our proven four-stage approach to building robust AML compliance for payment service providers
Risk Assessment
Comprehensive analysis of payment corridors, transaction types, and jurisdictional risks
Framework Design
Custom compliance architecture tailored to your business model and regulatory landscape
Control Implementation
Deploy risk-based controls, monitoring systems, and reporting mechanisms
Continuous Optimization
Ongoing monitoring, testing, and enhancement of compliance effectiveness
Tailored Solutions for PSPs
Comprehensive compliance services designed to address the unique challenges of payment service providers
Multi-Jurisdictional Compliance Framework
Unified approach to global regulatory requirements
- Regulatory mapping across all operating jurisdictions
- Harmonized policies meeting highest common standards
- Jurisdiction-specific compliance modules
- Cross-border transaction risk frameworks
- Regulatory change management system
Optimized KYC/KYB Framework
Streamlined onboarding that balances compliance and conversion
- Risk-based customer due diligence (CDD) workflows
- Enhanced due diligence (EDD) for high-risk segments
- Automated identity verification and document checks
- Merchant onboarding optimization for faster revenue
- Digital-first KYB processes for business customers
Agent & Partner Management
Comprehensive third-party risk management
- Agent onboarding and due diligence frameworks
- Continuous monitoring of agent activities
- Risk-based agent tiering systems
- Agent compliance training programs
- Automated compliance certification tracking
Regulatory Reporting Excellence
Streamlined reporting across jurisdictions
- Automated SAR/STR filing systems
- Multi-format regulatory report generation
- Centralized case management platform
- Audit trail and documentation management
- Regulatory deadline tracking and alerts
Global Regulatory Coverage
Navigate complex AML requirements across major payment corridors with our jurisdictional expertise
United States
FinCEN / OFAC
United Kingdom
FCA / HMRC
Singapore
MAS
Comprehensive AML Program Components
Build a robust compliance framework with our specialized AML program expertise
Risk-Based Onboarding
Ongoing Monitoring
Reporting & Controls
AML Program Excellence
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Risk-Based Customer Due Diligence
Tiered CDD and EDD procedures that balance thorough screening with operational efficiency
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Comprehensive AML Screening
Multi-layered screening against sanctions lists, PEPs, and adverse media databases
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Advanced Transaction Monitoring
Sophisticated rules and scenarios designed specifically for PSP transaction patterns
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Ongoing Controls & Testing
Continuous monitoring programs with regular testing and independent validation
Proven Results for PSPs
Measurable improvements in compliance effectiveness and operational efficiency
Advanced ML models and refined rule sets dramatically reduce alert fatigue while maintaining detection effectiveness
Streamlined KYC processes and automated verification reduce merchant and customer onboarding time
All PSP clients maintain full compliance across operating jurisdictions with zero regulatory penalties
Optimized processes and automation reduce overall compliance operational costs