Case Study: Paytron reduces post-transaction queries by 75% with ComplyAdvantage TMS

Paytron reduces post-transaction queries by 75% with ComplyAdvantage

Paytron, a workflow and spend management platform, needed a transaction risk management solution that could scale with its growing and diverse customer base. The company sought a flexible partnership with a vendor to meet evolving regulatory requirements and demonstrate its commitment to AML compliance to its banking partners. They selected the Transaction Monitoring and Screening (TMS) solution from ComplyAdvantage to address this challenge.

ComplyAdvantage's automated TMS solution provided Paytron with greater data visibility and streamlined case management, significantly reducing the need for manual intervention. The results were substantial: a 75% reduction in post-transaction queries, a 20% reduction in false positives, and a tenfold increase in transaction volume. This efficiency gain allowed Paytron to avoid over $200,000 in additional resourcing costs, freeing its analysts to focus on higher-risk activities.

Paytron

Stu Hallows

Chief Risk Officer