Case Study: PayCenter strengthens PEP and sanctions screening with SEON

PayCenter strengthens PEP and sanctions screening with SEON in 5 minutes

PayCenter, a licensed Electronic Money Institution regulated by Germany’s Federal Financial Supervisory Authority (BaFin), needed to strengthen its politically exposed person (PEP) and sanctions screening processes to meet strict European anti-money laundering and customer due diligence requirements across its payment platform.

By implementing SEON's screening solutions, PayCenter was able to enhance its compliance capabilities. The solution provided by SEON streamlined the screening process, ensuring more robust and efficient monitoring for PEPs and sanctions across customer onboarding and transaction activities, thereby strengthening the company's overall AML framework.

PayCenter