Payments Compliance Services

The fintech and payments space is evolving at an astounding rate. The need for firms to adapt is drastically increasing, as are the number of complications that they face when trying to stay compliant. A lack of proper payments compliance can be detrimental to the success of a firm, but it shouldn’t hold you back.


At Moorwand, we know how important it is for programme managers to focus on scaling their businesses, so we want to help you do just that.


Moorwand’s new suite of payments compliance services seek to improve the financial crime systems and controls of our clients. We will analyse what our PMs currently have in place, and offer alternative solutions up to and including Moorwand managing the entire function. We aim to ensure that our programme managers minimise the risk from money laundering, terrorism financing, fraud (including APP), and other types of scams.

Payments compliance

What we're offering

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Onboarding and screening of your end users

We can provide an API integration with a Moorwand approved e-KYC provider, onboarding resources, screening block reviews, real time PEP, sanctions and adverse media checks, and customer onboarding automation to reduce review time for false positive matches.

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Drafting of policies and procedures

In order to meet Moorwand's minimum standards, the drafting of policies and procedures can include: Anti-Money Laundering, Customer Risk Assessment, Transaction Monitoring, Anti-Bribery and Corruption, Business Wide Risk Assessment, and Data Protection

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Transaction monitoring systems and resourcing

Transaction monitoring, definition and implementation of risk based rules, false flag clearing, investigation of unusual or suspicious flags, unusual or suspicious behaviour raised, and end to end documentation of process for review and audit.

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Staff training

Sometimes your business has everything covered from a compliance perspective, but is in need of the latest advice. Moorwand can provide Anti-Money Laundering (AML), Fraud Protection, Data Protection and Anti-Bribery and Corruption (ABC).

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Drafting of end user terms and conditions

We understand that creating terms and conditions for your end users might not be something you're comfortable with. Our legal team are on hand to help with bespoke T&C's for your payments business.


Analysis of compliance procedures

Moorwand can provide a regular analysis of your financial crime systems and controls, and offer solutions to minimise risks from money laundering, terrorism financing, fraud (including APP) and other types of scam.

No one size fits all with payments compliance

Just like any industry, fintech and payment firms have to comply with certain rules and standards that govern their behaviour. However, the industry is constantly evolving, making compliance a daunting task for big and small companies alike. At Moorwand, we aim to help mitigate compliance risk before it becomes a problem, so we’ve developed a suite of services to help. Get in touch via the form below to find out more from a member of our team.

Moorwand Payments Compliance

Payments Compliance FAQs

  • Do I have to be signed up to use Moorwand's other solutions to be able to access payments compliance services?

    • Yes, Moorwand's suite of payments compliance solutions are an add-on to our existing BIN Sponsorship and Digital Banking solutions. Reach out to your account manager to find out more about how you can add any of these options to your existing contract.

  • I am new in FinTech and know very little about the AML and regulatory requirements. What exactly do I need to do in order to be compliant with regulations?

    • We at Moorwand offer a suite of products and services tailored to our clients including everything a fintech needs to reach financial crime compliance that would ordinarily fall upon a Programme Manager to deliver. These include: Onboarding and Screening of end users; Policies and Procedures creation for your company; Transaction Monitoring systems and resourcing for Ongoing monitoring; Terms and Conditions for your end users and Staff Training

  • Can I pick what elements of the payments compliance service I'd like to use for my business or do I have to use everything?

    • You are welcome to select any or all of the services depending on your business needs. You do not need to select all services if they are not needed. The Moorwand team are also happy to suggest any services we think you may benefit from.

  • What is the cost for using this service?

    • The cost for these services depends on how many services you select, how long you would like to use them for, and the type of business you have. If you want to find out more, please get in touch via the form below and we can provide more details on our fees.

  • How would this service help my growing fintech?

    • If you’re a small to medium-size startup, you probably don’t have the scale to justify devoting resources to an internal compliance program. Working with an external specialist like Moorwand means you can focus on what you're good at: growing your business. We've picked the providers to ensure you get a quality experience that ticks your boxes.

  • How do I sign up to use Moorwand's payments compliance service?

    • Our service is available to our existing clients only, however, if you're in the process of building a fintech or want to add payment capabilities to your business, please do get in contact with us as we are happy to talk about our BIN Sponsorship and Digital Banking services as well.

  • What jurisdictions do you operate in?

    • Moorwand has a UK Electronic Money Institution licence to operate in the UK and is regulated by the Financial Conduct Authority. It also has permissions from FINMA to operate in Switzerland and an Agency relationship with an EU based Electronic Money Institution to operate Programmes across the EU.

  • We’ve got a Compliance department in our company, but they are not professionals in Fintech. Can Moorwand provide assistance or staff training?

    • Moorwand can support your company with a number of services which may help your compliance team, including but not limited to, staff training, drafting policies and procedures, drafting end user terms and conditions, and much more.

Looking for payments compliance solutions for your business?

Let's talk about your project and one of our experts will help you

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