A major credit card company and regulated PSP with global reach approached Lysis to uplift their transaction monitoring framework and operational controls.
Payment Services & Card/ Merchant Acquirers
Transaction Monitoring Framework
A requirement to have an effective transaction monitoring framework, operational controls, and processing to manage and monitor payments across Europe.
Lysis delivered a fully effective and complete compliant transaction monitoring programme based on industry leading AI technology and managed specialised personnel.
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
A global securities house asked for help enhancing and streamlining its client on-boarding and AML TM capability and to off-shore certain parts of its AML processing.
Lysis reviewed the exchange’s AML/CTF framework which resulted to a successful maturity assessment review.
