Built-In KYC, AML & Fraud Detection
Compliance is not optional in payments. MAGNETPAY embeds KYC verification, AML screening, and real-time fraud detection directly into your payment flow. Automated identity checks, sanctions screening, and risk scoring protect your business without slowing down legitimate customers.
Key capabilities
KYC Verification
Automated identity verification through Veriff and SumSub. Document capture, liveness detection, and biometric matching with 95%+ auto-approval rates for clean submissions.
AML Screening
Real-time screening against OFAC, EU, UN, and 200+ country sanctions lists. PEP (Politically Exposed Persons) checks and adverse media monitoring on every customer.
Fraud Detection Engine
Machine-learning risk scoring on every transaction. Device fingerprinting, velocity checks, geo-anomaly detection, and BIN intelligence to catch fraud before it costs you.
Tiered Compliance
Configure compliance requirements by risk tier. Light KYC for low-value transactions, enhanced due diligence for high-value accounts. Automated escalation based on transaction patterns.
Transaction Monitoring
Continuous monitoring of transaction patterns against AML rules. Suspicious activity detection, automated SAR generation, and case management for compliance teams.
Data Protection
All PII encrypted with AES-256-GCM at rest. GDPR-compliant data handling with configurable retention policies. Right-to-erasure support with audit trails.
How it works
Configure Compliance Rules
Set your KYC tiers, risk thresholds, and screening rules in the dashboard. Define which verification levels are required for different transaction amounts and customer types.
Customer Verification
When a customer reaches a compliance trigger, the KYC flow launches automatically. Document upload, liveness check, and biometric verification happen in-session with minimal friction.
Continuous Monitoring
Every transaction is scored by our risk engine and screened against sanctions lists. Suspicious patterns trigger alerts, transaction holds, or account reviews based on your configuration.
Case Management
Flagged transactions and accounts appear in your compliance dashboard. Review, approve, reject, or escalate cases with a full audit trail for regulatory reporting.
Quick start example
1curl -X POST https://magnetpay.org/api/v1/compliance/verifications \2 -H "Authorization: Bearer sk_live_..." \3 -H "Content-Type: application/json" \4 -d '{5 "customer_id": "cus_9f3kR2xL",6 "tier": "enhanced",7 "checks": ["identity", "document", "liveness", "sanctions"],8 "document_types": ["passport", "national_id"],9 "redirect_url": "https://yourapp.com/kyc/callback"10 }'
Frequently asked questions
Automate Your Compliance
Stop building compliance infrastructure from scratch. MAGNETPAY provides KYC, AML, and fraud detection out of the box so you can focus on your product.