A Guide to Anti-Money Laundering for Crypto Firms

Monneo increased productivity and uncovered hidden risks.

KYC/KYB Payments Customer Stories

The Company

Monneo is a virtual IBAN provider for eCommerce merchants and B2B fintech companies. The company provides eCommerce merchants with multiple bank accounts at multiple banks through one platform. The core solutions include SWIFT multi-currency for international payments, SEPA Euro within the Eurozone, GBP Faster Payments and CHAPS in the UK and FX in 134 currencies.

Industry: Payments
Product: Customer Screening & Monitoring

ComplyAdvantage helps us to uncover hidden risks and make decisions more quickly.

— Bara Freimannova, Head of Compliance, Monneo

The Outcome

ComplyAdvantage’s solutions have improved Monneo’s compliance team’s productivity by allowing them to quickly identify hidden risks. In addition, the solutions are flexible and fit to Monneo’s business model, which gives their team more control over their compliance processes.

Finally, the easy-to-navigate interface, speedy insights and ongoing customer support ensure that Monneo’s compliance team can get the most out of the tool and remain confident that no suspicious entity will slip through the net.

The Company

Monneo is a virtual IBAN provider for eCommerce merchants and B2B fintech companies. The company provides eCommerce merchants with multiple bank accounts at multiple banks through one platform. The core solutions include SWIFT multi-currency for international payments, SEPA Euro within the Eurozone, GBP Faster Payments and CHAPS in the UK and FX in 134 currencies. Industry: Payments Product: Customer Screening & Monitoring
ComplyAdvantage helps us to uncover hidden risks and make decisions more quickly.
— Bara Freimannova, Head of Compliance, Monneo

The Outcome

ComplyAdvantage’s solutions have improved Monneo’s compliance team’s productivity by allowing them to quickly identify hidden risks. In addition, the solutions are flexible and fit to Monneo’s business model, which gives their team more control over their compliance processes. Finally, the easy-to-navigate interface, speedy insights and ongoing customer support ensure that Monneo’s compliance team can get the most out of the tool and remain confident that no suspicious entity will slip through the net.

Disclaimer: This is for general information only. The information presented does not constitute legal advice. ComplyAdvantage accepts no responsibility for any information contained herein and disclaims and excludes any liability in respect of the contents or for action taken based on this information.

Copyright © 2022 IVXS UK Limited (trading as ComplyAdvantage).