Advanced regulatory technology

SH|Payments leverages the latest RegTech and transaction monitoring technology, based on the security and efficiency of blockchain, to significantly reduce correspondent banking relationship risk and service friction. The key areas in which we leverage RegTech are:

  • AML/KYC
  • Information Security
  • Operations Risk Management
  • Compliance Management
  • Trade Monitoring

Our KYC policies and procedures are approved by our financial partners. Our sophisticated AML monitoring algorithm for all users on every transaction keeps records of all transactions for 5+ years.

Additionally, we deploy sophisticated AML/KYC checks on both sender and recipient – automatic sanction and PEP screening of all customers.

Strict legal compliance

SH|Payments meets the highest standards of regulatory compliance in an ever-evolving global financial landscape.

Our management team has extensive experience of all financial services regulatory compliance levers including AML/CTF, ABC, sanctions screening, CDD/KYC, data protection and fraud. They act swiftly to implement robust new procedures wherever and whenever necessary.

Fully licensed

SH|Payments has obtained its Electronic Money Institution licence for transaction banking, regulated by the Bank of Lithuania.

  • Authorised by the Bank of Lithuania – LB 002039, Electronic Money Institution license number 78, for the provision of electronic money services and made passporting notifications to all other EEA states.
  • SH|Payments is a SWIFT member and a SEPA (SCT) scheme participant. BIC: USTILT2V

SH|Capital is authorised under IPA by The Dubai Financial Services Authority (DFSA) Under Category 3a Licence - No: 4435 for the provision of asset management services.