Payment Institutions
Payment institutions, EMIs, and PSPs operate under some of the most demanding AML and sanctions obligations in financial services — at the highest transaction volumes. First Mile Labs orchestrates KYB onboarding, UBO verification, perpetual screening, and risk-based decisioning into a single workflow that scales with your portfolio and stands up to a regulator file review.
Why First Mile Labs
Continuous sanctions, PEP, and adverse media screening across every individual and entity, every day. 200+ lists via OpenSanctions including OFAC, UN, EU, and HM Treasury — with configurable match thresholds tuned to your false-positive tolerance.
Risk-based customer due diligence, source-of-funds capture, ongoing monitoring, and full SAR-ready audit trails. The control framework regulators expect from payment institutions and EMIs — wired into the workflow rather than bolted on after the fact.
Process thousands of merchant and corporate onboardings per month with auto-approval for clean cases and analyst escalation only where it adds value. Every decision, override, and screening hit captured immutably for the regulator and the auditor.
Book a 30-minute call to see how First Mile Labs supports payment-institution compliance teams.
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