Our client had acquired a business from a competitor and had c.50-60 Payment Programme Managers and their programmes to on-board. They asked Lysis to supply a team of experts to do this work.
Payment Services & Card/ Merchant Acquirers
UK Payment Services Provider
Our client had acquired a business from a competitor and had c.50-60 Payment Programme Managers and their programmes to on-board. They asked Lysis to supply a team of experts to do this work.
Lysis provided a compliance officer and a team of senior AML Analysts to review and on-board the Programme Managers. This involved Enhanced Due Dilgence on the Programme Managers and full review of the AML framework, governance and operating models of the Programme Managers to ensure that their programme customers could be on-boarded without putting our client at risk of breaching AML rules.
A UK-crypto asset subsidiary of a Nasdaq-listed firm in the U.S. has a requirement to review their anti-money laundering (AML) policy framework and idetify possible gaps in line with FCA requirements.
A successful regulatory turnaround for a UK EMI and crypto firm, restoring FCA permissions and avoiding administration under new leadership.
An international payment company with offices in major European hubs outsourced KYC service provision was unsatisfactory. A significantly enhanced and more effective capability was developed by Lysis.
