Four environments, one review standard.

Each is one compliance team’s queue, with synthetic records, screening results and policies.

KYC

Onboarding files for individuals and businesses, CDD through EDD.

  1. Set document requirements by customer type, product, jurisdiction and geography.
  2. Collect documents and data.
  3. Verify the customer, related parties and beneficial owners; for businesses, registers, filings and control.
  4. Screen for PEP, sanctions and adverse media.
  5. Establish source of funds and wealth where needed.
  6. Set the risk rating.

Transaction Monitoring

Fiat and crypto alerts, worked to a disposition.

  1. Review the alert against the customer profile and prior alerts.
  2. Analyse transactions, counterparties and wallet exposure.
  3. Identify red flags; match or rule out a typology.
  4. Request information if needed.
  5. Write up the rationale.

Sanctions Screening

Hits on customers, counterparties and wallets, adjudicated before the payment moves.

  1. Compare the hit with the list entry’s identifiers.
  2. Decide true match or false positive, and record why.
  3. Check ownership and control.
  4. Review the payment route, intermediaries and goods.

Fraud Prevention

Flagged logins, payments and new accounts, decided on the signals at hand.

  1. Review device, login and behaviour signals.
  2. Check the payment against history and payee.
  3. Identify the pattern: account takeover, APP scam, mule or first-party fraud.
  4. Weigh the loss against turning away a genuine customer.

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