A Technology Company, With Responsibilities Of Its Own
We are not a licensed money transfer business, and that does not make compliance someone else’s job. This page sets out what we answer for, what you answer for, and where we work together.
Clear lines, area by area.
Read across each row: our part on the left, yours on the right.
Licence and registration
We do not hold a money transfer licence and do not act as one. Where you have none, we introduce you to a licensed partner.
Your licence or registration in each market, or your agreement with a licensed partner.
Sanctions screening
Publishing the eight sanctions lists as one signed, versioned set, loading the newest every night, and alerting you if the lists are out of date.
Deciding each match. A person on your team rules on it; nothing is blocked by the match itself.
AML rules and risk
The tools: 46 ready-made risk indicators, AML rules by currency and corridor, limits by period, and holds until a person decides.
Your AML programme and risk assessment, the rules and limits you set, and the decisions your officers make.
Reports to regulators
Building the report file from your transfers and checking it against every transfer in scope.
Reviewing the file and lodging it with your regulator, on time.
Customer information
Handling your customers’ information only on your instructions, in your own instance.
Deciding why and how it is used, telling your customers in your own privacy policy, and answering their requests.
Security
Our information security management, certified to ISO 27001:2022. Two-step sign-in, 89 permissions and a plain-language audit log in the platform.
Who on your team gets which permission, and keeping staff sign-ins safe.
Keeping it running
Dated releases tested on your staging first, security and stability fixes, and a 99.99% uptime SLA on white label.
Checking each release with us before it goes to production.
Records and evidence
An audit log of every change, the evidence behind each check, and a software list for your auditors.
Keeping records for as long as your law requires, and giving them to auditors and examiners.
If you own the source code. Once the code is transferred, hosting, uptime and applying updates become yours. We stand behind the quality of the code, with six months of fixes and updates.
Three commitments, whatever your licence.
We say what we are
A technology company. We never present ourselves as licensed, and our pages say who holds the licence.
We keep the controls current
Sanctions lists every night, security fixes in every release, and an alert when something falls behind.
We follow the privacy law where you are
Our own handling of personal information follows the rules of each region we work in. See the Privacy policy.
Built by people who have helped MSBs for years.
The risk checks on every online transfer come from what they see every day.
- The person paying isn't the customer
- One bank account, several customers
- A disposable email address
- Sign-in from a high-risk location
- The same person signing up twice
- A name close to a sanctions list