Compliance & Risk Management

Our Operating Model

GlobalPay Nexus operates as a payment infrastructure and technology provider. We collaborate with regulated financial institutions and licensed Money Service Business (MSBs) to facilitate cross-border payment services.

We do not directly hold customer funds or provide regulated financial services. Payment processing and settlement services are delivered through our regulated partners in applicable jurisdiction.

Merchant Onboarding & Due Diligence

All merchants undergo a structured onboarding and due diligence process prior to activation. This includes:
- "Know Your Business (KYB) verification"
- "Ultimate Beneficial Owner (UBO) identification"
- "Sanctions and PEP screening"
- "Business model review"

Enhanced due diligence may be conducted for higher-risk industries or jurisdictions.

Transaction Monitoring

Ongoing transaction monitoring is conducted through our partner institutions and internal risk review processes.

Controls include:
- "AML transaction screening"
- "Velocity and anomaly monitoring"
- "Sanctions list screening"
- "Suspicious activity escalation procedures"

Risk & Governance Framework

Our operational framework is aligned with international AML/CFT standards and risk-based compliance principles.

We maintain internal policies covering:
- "Risk assessment procedures"
- "Escalation and incident management"
- "Partner due diligence"
- "Data protection and security controls"

Data Protection & Security

We apply industry-standard data protection measures and work with partners that maintain robust information security framework to safeguard transactional and merchant data.

GlobalPay Nexus is a technology and infrastructure provider and does not directly provide regulated financial services. Regulated services are delivered through licensed financial institution partners where applicable.