ONBOARDING & COMPLIANCE

KYC, AML and compliance controls built into the core

Screening, controls and audit on every movement of money, not a compliance module bolted to the side, but the way the platform itself works. Clients are verified before they transact, payments are screened before they leave, actions carry names, and client funds sit provably where they must.

The compliance posture at a glance

Compliance software for fintechs usually means a dashboard that reports what already happened. FinLabCore’s posture is preventive, each area wired into the operation it governs:

AreaHow the platform handles it
Client due diligenceKYC and KYB with identity and risk verification through a specialist provider; officials and beneficial owners screened; tiered client levels govern what a client may transact
Transaction monitoringEvery payment compliance-screened before it leaves, with hold, rejection and action-required outcomes; per-client limits on volumes, transaction counts and single-transaction size, sensitive to risk rating, PEP and US-person status
Geographic controlsCountry-level restrictions on registration and payment availability, maintained centrally
Four-eyes on money movementClient-side signatory mandates plus back-office approval; pricing and money-routing changes separately audited
Segregation of dutiesSeparate client and back-office access domains with role-based permissions
AuditabilityFull history for payments, signatures, ledger entries, provider exchanges and administrative actions
Regulatory reportingSuspicious-transaction reporting data exposed in regulator-ready shape for downstream filing (in development, FINTRAC-first)
SafeguardingClient funds accounted separately from own funds, and reconcilable

Five deep ends

KYC/KYB Onboarding. Corporate and individual onboarding with identity and risk verification, tiered client levels and country eligibility rules.

Transaction Monitoring. Pre-departure screening with hold, rejection and action-required outcomes; risk-sensitive per-client limits.

Controls & Four-Eyes. Signatory mandates, back-office approval, role-based access and separately audited commercial changes.

Safeguarding. Client funds as liabilities, structurally separated from own funds, with dedicated reconciliation reporting.

Regulatory Reporting (in development). Suspicious-transaction data in regulator-ready shape, FINTRAC-oriented, for a downstream compliance tool to file.

Auditable end to end

When a regulator or auditor asks who did what, and when, the platform answers from history, not from memory: payments, signatures, ledger entries, provider exchanges and administrative actions, all attributable, all preserved. Corrections happen as new ledger entries, never edits, so the record reconstructs any point in time; and commercially sensitive changes, pricing, money routing, carry their own separate audit on top.

Country rules, maintained centrally

Where clients may register and where payments may go are policy decisions, so the platform treats them as policy: country-level restrictions on registration and on payment availability, maintained centrally and enforced everywhere at once. Your geography changes when your risk appetite does, not when a release ships.

Compliance outcomes land where the work happens

A hold is not an email, it is a queue item. Screening outcomes, onboarding reviews and escalations arrive in the back office with the client context attached, worked by the roles your policy assigns, under the same attributable history as everything else. For an EMI or MSB, this is the operational half of the obligations map on Core Banking for EMIs & MSBs.

KYC, AML and compliance FAQ

Is compliance a separate module?
No, it is in the lifecycle. Verification gates onboarding, screening gates every outbound payment, mandates and approvals gate money movement, and the audit trail runs underneath all of it.
KYC and KYB run through a specialist verification provider integrated into onboarding, with officials and beneficial owners screened and tiered client levels governing what a verified client may do.
That is the design: per-client limits sensitive to risk rating, PEP and US-person status; country rules for registration and payments; tiered levels; and policy-based routing to back-office approval, all configuration, changed centrally.
Payments, signatures, ledger entries, provider exchanges and administrative actions, full history, every action attributable, with pricing and routing changes separately audited.
Booked as liabilities, structurally separated from the institution’s own funds, and reconcilable against safeguarding accounts with dedicated reporting, Safeguarding has the mechanics.
Regulatory reporting is in development: suspicious-transaction reporting data will be exposed in regulator-ready shape, FINTRAC-oriented, for a downstream compliance tool to file. Regulatory Reporting.

Bring your compliance officer to the demo

Onboarding review, a held payment, a four-eyes approval, the audit trail behind them, the workflows your policy runs on, live.

Book a Demo  ·  See the Ledger.