Case Study: Payset boosts analyst efficiency with ComplyAdvantage transaction monitoring and fraud detection

Payset boosts analyst efficiency through transaction monitoring alert prioritization

Payset, an EMI offering multi-currency accounts, B2B wallets, and currency exchange services, needed a transaction monitoring solution to assess account and transaction risk, uncover hidden connections between accounts, and quickly suspend funds when necessary. To meet these requirements, Payset turned to ComplyAdvantage for transaction monitoring and fraud detection capabilities.

With ComplyAdvantage, Payset integrated its data into a new monitoring platform, tested changes in a sandbox environment, and deployed a wide-ranging rules library tailored to different customer risk segments. The result was stronger fraud detection, faster prioritization of alerts, and improved analyst efficiency, helping the compliance team focus on the most urgent cases while also using reporting tools to track performance and support senior management decisions.

Payset

Adam Mackulin

Head of Compliance & MLRO