Embedded compliance

Embedded compliance: for your peace of mind

Built-in compliance makes financial solutions seamless, and you can focus on scaling your online business.

Regulations ever evolving? Relax, we have you covered.

Compliance doesn’t end at onboarding. Regulations are getting tighter and stricter every year. Want to handle customers’ funds? Then get ready to constantly run due diligence, report to multiple authorities, monitor transactions for fraud, and much more. You’d need an entire team to tackle even half of that. Or you could let us handle it for you.

Fit and proper compliance program

We manage your fit and proper compliance program, ensuring regulatory adherence, while you focus on your core business

✓ Performing KYC for Onboarding & Ongoing Due Diligence

✓ Obtaining non-objection from Central bank.

✓ Maintaining sufficient staff and providing sufficient training to properly execute the KYC operations.

✓ Implementing Customer Risk Assessment.

✓ Performing regular Ongoing Due Diligence.

KYC for Onboarding & Ongoing Due Diligence

We handle KYC for both onboarding and ongoing due diligence, ensuring a seamless and compliant process, so you can stay focused on driving your business forward.

✓ Obtaining non-objection from Central bank for outsourcing of the service.

✓ Maintaining sufficient staff and providing sufficient training to properly execute the KYC operations.

✓ Implementing Customer Risk Assessment.

✓ Performing regular Ongoing Due Diligence.

✓ Ensuring daily screening of the entire database against relevant Sanctions lists and PEP as per requirements and Principal practice.

✓ Testing screening tools on a regular basis to ensure quality.

Transaction AML Monitoring

We manage Transaction AML Monitoring diligently, ensuring thorough compliance and vigilance.

✓ Obtaining non-objection from the Central bank for outsourcing of the service.

✓ Maintaining sufficient staff and providing sufficient training to properly execute the AML Monitoring operations, including having a training plan, proof of training execution, etc.

✓ Selecting provider and defining AML rules (Live monitoring and retrospective monitoring).

✓ Implementing SAR internal process.

✓ Reporting SAR to the Principal through a dedicated channel and staff.

✓ Periodically reviewing, testing, and improving rules.

Transaction sanction/PEP screening

We expertly handle Transaction Sanction/PEP Screening, guaranteeing comprehensive compliance and risk mitigation, empowering you to focus on your business goals.

✓ Testing and selecting a provider for PEP/Sanction screening.

✓ Maintaining sufficient staff and providing sufficient training to properly execute the Sanction/PEP screening operations, including having a training plan covering new sanctions, sanction evasion, and match review.

✓ Periodically reviewing, testing, and improving screening criteria.

Regulatory peace of mind for your online business

Discover a tailored compliance program for online businesses, ensuring seamless regulatory adherence. We handle expert KYC onboarding, continuous Due Diligence, and top-notch staff training, freeing you to focus on growing your business.

Seamless KYC compliance for your online success

Streamlined KYC management for onboarding and ongoing due diligence. With necessary approvals and daily sanctions screening, our solution empowers your online business, driving success.

Vigilant transaction AML monitoring for enhanced security

We provide diligent Transaction AML Monitoring, ensuring comprehensive compliance and heightened vigilance. With expert staff and a robust process, we take care of AML monitoring, giving enhanced security to focus on running your business.

Empowering your business with expert Sanction/PEP Screening

Our team expertly handles Transaction Sanction/PEP Screening, ensuring comprehensive compliance and risk mitigation. From selecting the right provider to continuous staff training and periodic criteria improvement, we empower your business to operate with confidence, so you can achieve your goals without worry.

Embedded compliance: full-scope and instant know-how

Our trusted team of experts includes AML/KYC specialists, DPOs, analysts and other in-demand professionals. Together, they have a proven track record of helping online businesses navigate the ever-changing Compliance landscape.

We make it our job to get to know your business and apply the tools and procedures that make the most sense. And we’re one of the few online banking providers that are willing and able to cover all of your Compliance needs.

In-house compliance = all cost, little return

Running a Compliance department is like running a separate business that never generates revenue, only costs. We offer peace of mind with built-in compliance so that you can focus on your business.

Peerless performance

Our AML/CFT controls scored 89% for effectiveness in a recent audit by one of the Big Four firms, outperforming our Baltic peers by 20 percentage points.