Protect Your Business.
Know your Partner.
Current risk thinking relies on assessing a Merchant on their current standing – essentially, a snapshot in time when they are onboarded and then again periodically. But companies (and their risk profiles) change dynamically, every day, every hour even. Regulators are demanding that Acquirers and PSPs move to real time monitoring of merchants.
KYP is different; we deliver continuous, real-time monitoring so Acquirers and Payment Service Providers (PSPs) can onboard and do business with confidence knowing that their merchants are continuously monitored.
Acquirers and Payment Service Providers (PSPs) want to build more profitable and secure relationships with their merchants. A merchant business is risk assessed on their current standing. As we know, companies and their risk profiles change over time. What happens if you have a French regulated PSP, a German based Merchant, a Swedish director of said merchant – and they suddenly have an AML court case in Spain? This is the new world we live in and it takes constant monitoring on a truly global scale.