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.
The incoming Head of Compliance at our customer identified that Client Monies were not being managed as per regulation and this therefore required an immediate remediation.
A crypto asset firm domiciled in the US asked Lysis to support the firm's financial crime framework and policy creation for transaction monitoring across the UK, US, and for the rest of the firm's global customer base to improved risk management, quality and increased operational efficiency.
Our client wished to outsource the Client On-Boarding and AML Operations for its merchant acquiring business in Europe, replacing their current major global outsourcing partner.
