DailyPay successfully expands into new markets with efficient compliance solutions

DailyPay is an on-demand payment platform headquartered in New York City. Its innovative platform allows businesses to pay their employees more flexibly by giving them access to their pay on their schedule, helping more people achieve greater financial control. 

DailyPay serves more than 1200 clients, from local businesses to multinationals, while navigating the compliance and operational challenges that come with rapid growth and market competition. The company’s need to demonstrate strong anti-money laundering (AML) processes to regulators while accelerating product distribution meant that compliance became a strategic differentiator rather than just a regulatory requirement. 

In particular, expanding its business across multiple jurisdictions meant DailyPay had to navigate different AML regulations – a complex challenge that required cutting-edge compliance tools. 

Growth plans create strict compliance requirements 

Having assessed the market to find out where demand for its product was highest outside the US, DailyPay began the process of expanding into Canada, a heavily regulated jurisdiction for anti-financial crime. Financial institutions answer to the Financial Transactions and Reports Analysis Center of Canada (FINTRAC), which created certain demands on DailyPay, including robust know-your-business (KYB) and transaction monitoring procedures. 

When DailyPay began its search for a RegTech partner to support the company’s expansion into the Canadian market, it assessed vendors’ ability to help its team meet these specific compliance goals: 

• Ensure FINTRAC compliance with accurate, real-time suspicious transaction detection and reporting.
• Minimize false positives using advanced analytics and machine learning.
• Automate monitoring for scalability and seamless system integration.
• Safeguard data with robust encryption and PIPEDA compliance.
• Enable adaptive rules for evolving regulations and financial crime trends.

Alongside these, DailyPay also had further criteria to support broader operational efficiency and fast business growth, including: 

• Global coverage: With DailyPay aiming to increase its global market share, it was essential that its chosen vendor could provide it with global AML data coverage. 
• Regulatory expertise: To achieve full compliance with Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated rules, vendors’ familiarity with Canada’s regulatory landscape and ability to provide tailored support were important. 
• Scalability: With DailyPay anticipating a significant increase in customer and transaction volumes, only a scalable solution would allow the company to grow at its desired rate. 
• Integration: DailyPay needed its solution to integrate seamlessly with its existing systems while providing robust data security. 
• Reliability: A strong track record of delivery, reliable customer support, and cost-effectiveness were all important in supporting long-term operational efficiency. 

“We are a global company, so it was very important that we found a partner who was global in nature.” 

Josh Durodola, VP of International, DailyPay 

ComplyAdvantage’s features ease the expansion process

The functionality of ComplyAdvantage’s Company Screening, Ongoing Monitoring, and Transaction Monitoring solutions immediately appealed to DailyPay, with decisive features including: 

• Real-time global risk data, including sanctions, watchlists, politically exposed person (PEP) data, and adverse media. 
• Advanced analytics giving compliance analysts in-depth, holistic views of risks. 
• Machine learning capabilities to fine-tune suspicious activity detection. 
• Customizable rules that let DailyPay adapt its processes to its risk appetite and specific Canadian requirements. 
• Full scalability to billions of transactions.  

Key DailyPay stakeholders also cited ComplyAdvantage’s reputation as a market leader, cemented by existing customer testimonials, as a deciding factor in their decision. 

“We knew from the first meeting that ComplyAdvantage was at the top of its game. The team knew what they were doing from the start. When I looked at the technology it was very dynamic and very intuitive. So we knew ComplyAdvantage was the solution from the minute we left that meeting.” 

Jhoselyne Canales, Senior Program Manager, DailyPay

DailyPay’s compliance team has praised ComplyAdvantage’s combination of a comprehensive AML rule and scenario library with an intuitive, highly usable screening and monitoring interface that allows them to understand and make informed decisions on the business’ financial crime risks. This has been compounded by an API-first integration process, allowing for fast implementation and ongoing optimization without having to adjust or rebuild DailyPay’s existing tech stack. 

“What I love most about it is the seamless interface.”

Gregory Schipilliti, Director of International, DailyPay

This has meant that ComplyAdvantage has acted as a strategic partner for DailyPay from day one. After announcing the company’s Canadian launch in April 2025, DailyPay was able to onboard multiple clients in the country in under two months, thanks to a streamlined but highly effective compliance setup, giving them a clear advantage over competitors. 

“If you’re thinking about having a robust solution, if you’re thinking about having a partner that can operate in different markets, if you want the expertise to enter a new market, you should not be looking anywhere other than ComplyAdvantage.” 

Josh Durodola, VP of International, DailyPay 

Ongoing support proves critical to scalability  

Working with ComplyAdvantage has been “easy,” according to DailyPay’s team, a crucial benefit given that it “would not have been feasible” for the company to build a robust, cost-effective solution in-house. Ongoing support from ComplyAdvantage’s customer success and technical teams has allowed DailyPay to develop a more efficient solution, both for the company’s compliance team and for its own customers. 

In particular, our teams’ responsive and collaborative approach, as well as deep technical and regulatory expertise, have helped to ensure a smooth integration process and set the company up for streamlined long-term compliance success. 

“It feels like a true partnership, versus a transactional relationship.”

Josh Durodola, VP of International, DailyPay

Leadership at DailyPay also appreciated the way in which ComplyAdvantage has embraced the company’s growth mission and challenges, from adding new data sources according to evolving screening needs to helping the company stay ahead of regulatory changes. With a compliant, efficient, and scalable AML solution in place, DailyPay is now primed for its next phase of rapid growth. 

“I would recommend ComplyAdvantage. Especially if you’re looking to expand internationally, you’re going to need someone who’s going to problem-solve with you. ComplyAdvantage does that.” 

Gregory Schipilliti, Director of International, DailyPay