MPay
Real-time AML for kiosk & e-wallet payments.
92% fewer false positives
About the Story
MPAY is one of Azerbaijan’s biggest payment providers, the country’s largest kiosk and e-wallet network, processing about 110M transactions a year for 17M people and onboarding 500 new e-wallet customers every day, under direct CBAR supervision. Manual Excel backtesting and near-absent sanctions/PEP screening left critical compliance gaps.
With Sanction Scanner, MPAY replaced manual backtesting with real-time transaction monitoring, automated sanctions & PEP screening across the customer lifecycle, and structured risk scoring at onboarding. The results: 92% fewer false positives, onboarding cut to 1 day, 100% screening coverage, and a CBAR-confirmed action plan.
“The platform’s features are more than enough to comply with the requirements of the legislation and the standards of CBAR.”Miradam Aghayev Head of Risk Management, MPay
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