Our client had a substantial backlog of transaction alerts. They were concerned that these included a number of true positives that therefore indicated suspicious activity and required reporting.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Provider
Our client had a substantial backlog of transaction alerts. They were concerned that these included a number of true positives that therefore indicated suspicious activity and required reporting.
Lysis provided a team of Compliance SMEs to review the backlog of alerts, discount those that were not suspicious and raise Suspicious Transaction Reports to the country's Financial Intelligence Unit (FIU) for those that were suspicious.
A global bank, following a substantial cross-boarder banking merger, had two separate KYC/AML firms, policies, & IT infrastructures and need help with the harmonisation process.
Our client was setting up a new online gaming licensing authority and sought a partner to on-board licensees and to manage the on-going governance and compliance operation.
Our client had a requirement to review and update its AML Framework to take account of the Fifth Money Laundering Directive and also some changes in its business model.
