Effective AML Compliance
for Emerging Payments Innovators
The case for moving from traditional screening systems to real-time, hands-free AML decision services - built for SMEs, MSBs, and online merchants.
Who This Is For
Built for Businesses on
the Frontlines of Compliance
Traditional AML compliance systems were designed for large banks - not for the speed and cost constraints of emerging payments businesses.
Money Service Businesses
MSBs processing cross-border transactions face sanctions screening obligations without the compliance infrastructure of a bank. This whitepaper shows you the right-sized solution.
Fintech & Online Merchants
Online businesses moving from onboarding to first transaction in seconds need real-time automated decisioning - not manual review queues.
Compliance Officers & CAMLOs
Compliance teams tasked with building cost-effective AML programs without over-screening or creating friction in the customer experience.
What's Inside
9 Pages. Practical Guidance
You Can Act On.
The Problem With Existing Systems
Why traditional AML platforms built for banks are too expensive, too integrated, and generate excessive false positives for SMEs.
The Goldilocks Dilemma
How to find the right balance - enough compliance to avoid regulatory fines, without over-screening that kills your customer experience.
Real-Time Decision Architecture
Best practices for moving from screening tools to stand-alone decisioning systems that yield PASS/FAIL results in under 30 seconds.
Going 100% Hands-Free
How automation, AI, and outsourced service centers eliminate the need for dedicated compliance staff while maintaining full auditability.
Introducing DecisionIQ™
How KYC2020's DecisionIQ platform delivers accuracy, speed, affordability, and auditability - the four pillars of effective SME compliance.
Transparent & Auditable Decisioning
Why "white-box" decision systems with proof-of-work files are essential for regulatory examinations and ongoing compliance review.
The Goldilocks Framework
Not Too Little. Not Too Much.
Just Right.
SMEs must find the right compliance approach - one that manages regulatory exposure without creating cost inefficiencies or customer friction.
Incomplete or outdated watchlists with rudimentary search algorithms. Leads to significant regulatory penalties and fines.
Real-time PASS/FAIL decisions. Configurable by risk profile. Transparent proof-of-work. False positives outsourced to specialists. Cost-efficient.
Over-screening generates excessive false positives requiring manual clearance, creating high friction and loss of customers.
About the Author
Written by a Practitioner
Rajeev Bahri
CFA · CAMS · CEO & Head of Product, KYC2020
Rajeev has spent over a decade building AML compliance infrastructure for regulated institutions across 193 countries. As CEO and Head of Product at KYC2020, he leads the DecisionIQ platform - trusted by 250+ compliance teams worldwide. This whitepaper draws on direct experience working with SMEs, MSBs, and payment innovators navigating AML compliance without the resources of a large bank.
Ready to Move from Screening
to Real-Time Decisioning?
Download the free whitepaper or speak with our team about how DecisionIQ can work for your business.