Q. What are your regulatory challenges?
Payment Service Providers (PSPs) dealing with hugely increased numbers of payment regulations and money transmission laws both domestically and internationally. With money crossing jurisdictions and new and changing regulatory requirements arising that must be met.
Q. What makes Corlytics a unique solution?
To fully satisfy the needs of both current PSP clients and future users or our solutions, Corlytics incorporates specific payments regulations from global FS regulators in addition to dedicated payments regulators. We have incorporated and classified specific PSP data in line with client requirements.
Q. How does it work and why it’s needed?
With PSPs needing to illustrate how they are meeting compliance obligations, our clients use Corlytics to automatically acquire and categorise payments content. From topic specific horizon scanning to regulatory change management, Corlytics PSP clients, using visual analysis tools, gain a global understanding of the regulatory landscape and shifting pattern of regulation relating to payments.