30–40%Less compliance review time
CashDirector reports that clustered profiles and fewer false positives help its compliance officers review cases faster.
Industries / Payments
AML and Sanctions Screening Software for Payment Companies
Screen customers, merchants, counterparties, beneficiaries, payouts, and payment events across sanctions, PEP, adverse media, and watchlist data before exposure is created.
Review queue4 reviews
HighPotential sanctions matchNeeds review
MedPEP review neededAssigned
LowKnown false-positive checkSaved view
Screening decisionIn review
Match reviewPotential match
Source evidence attachedRationale addedCompliance escalation
Audit evidence5 actions recorded
Screening, review, note, escalation, and outcome.
PaymentsTransaction and payout checks
MerchantsCustomer and seller review
CounterpartiesBeneficiary screening
EvidenceCases, rationale, audit trail
Payment operations
Built for payment, payout, merchant, and counterparty workflows
Payment companies need to move value quickly while managing AML, sanctions, PEP, adverse media, merchant, counterparty, and payout exposure. Checklynx helps teams screen parties and payment context at the right moment, then preserve evidence when review is needed.
Screen parties before value moves
Check customers, merchants, senders, receivers, beneficiaries, payout recipients, counterparties, and payment references before approval, release, or settlement.
Review merchants and business customers
Screen merchants, platforms, directors, UBOs, vendors, agents, and business identifiers during onboarding, refresh, or risk-triggered review.
Keep payment decisions audit-ready
Preserve match sources, analyst rationale, notes, escalation history, decisions, and timestamps for compliance, partner, bank, and audit questions.
Screening journey
From payment signal to documented decision
A payment initiation, merchant onboarding event, payout trigger, beneficiary update, counterparty match, or monitoring update becomes owned review work with source context and decision evidence attached.
| Stage | Screening context | Business outcome |
|---|---|---|
| Merchant onboarding | Merchant, company, director, UBO, country, identifier, sanctions, PEP, adverse media, or watchlist context | Risk is checked before approval or activation. |
| Payment initiated | Sender, receiver, beneficiary, counterparty, payment reference, IBAN, country, or transaction context | Potential exposure is reviewed before value moves. |
| Payout trigger | Merchant, seller, payout recipient, beneficiary, bank detail, payment reference, or restricted geography | Payout risk can be reviewed before funds are released. |
| Monitoring update | New sanctions listing, PEP change, adverse media event, or watchlist update | Approved customers and merchants stay visible after onboarding. |
| Outcome recorded | Decision, rationale, reviewer, timestamp, attachments, and audit trail | The business can explain who decided what and why. |
Review efficiency
Reduce repeated screening work across payment operations
Payment screening should not make analysts rebuild the same evidence packet every time a merchant is paid, a counterparty is reviewed, or a payment is held. Checklynx keeps decisions, source context, and monitoring history connected to the profile and case.
Payment or payout hit
Review sanctions, PEP, adverse media, and watchlist context with party details, identifiers, payment references, and transaction timing.
Merchant review
Screen merchants, directors, UBOs, platform customers, agents, vendors, and business identifiers before activation or periodic refresh.
Counterparty review
Check beneficiaries, senders, receivers, payout recipients, payment details, and restricted geographies before release.
Known false positive
Reuse prior decisions where appropriate so the same non-risk hit does not create repeated manual work.
| Trigger | Handoff | Business outcome |
|---|---|---|
| Potential sanctions hit | Case review with source context | Analysts can decide before payment, payout, or merchant activation. |
| Payout trigger | Screening and case handoff | Operations can hold, review, or clear activity with evidence. |
| Merchant refresh | Batch or monitoring run | Merchant and counterparty risk stays current. |
| Bank or audit request | Case evidence and immutable audit trail | Compliance can explain the decision record. |
Connect payment-party screening to the moment value moves
Use the right route for merchant onboarding, beneficiary updates, payment release, portfolio refresh, and later review without disconnecting the evidence trail.
01Real-time screening API
Run configured checks at merchant, payment, beneficiary, or payout events.
Explore 02Transaction screeningScreen payment parties and supported identifiers before the approved routing decision.
Explore 03CSV batch screeningReview merchant or counterparty portfolios from a controlled supplied file.
Explore 04Case managementRoute potential matches to reviewers with evidence and outcome history attached.
ExploreSee how a payment event becomes a controlled decision
01Merchant and party context
Bring supplied customers, merchants, beneficiaries, and counterparties into scope.
02Event-driven screening
03Case reviewRun the configured screening control before the relevant approval or release point.
Investigate candidates and record the authorised reviewer outcome.
04Audit evidenceRetain the record needed to explain what was checked and decided.
Measured impact in regulated screening review
30–40%Read the CashDirector case study →
20%Less time spent on monthly reviews
Shopware connects retained false-positive decisions, customer screening and ongoing monitoring.
What should payment companies screen?
Payment teams commonly screen customers, merchants, senders, receivers, beneficiaries, payout recipients, directors, UBOs, counterparties, payment references, transaction context.
When should payments be screened?
Screening can happen during merchant onboarding, customer approval, payment initiation, transfer creation, payout release, beneficiary setup, periodic review, and ongoing monitoring updates.
Can screening happen before payment release?
Yes. Checklynx supports API-based checks, transaction screening, case review, reusable decisions, and evidence capture so teams can review matches before value moves.
Does Checklynx replace a full AML program?
No. Checklynx supports screening, monitoring, case review, and audit evidence workflows. Legal obligations, policies, and final compliance decisions remain with the payment company and depend on jurisdiction and business model.
What is payment screening software?
Payment screening software supports configured checks of supplied merchants, customers, senders, receivers, beneficiaries, payout recipients, counterparties, and supported identifiers at relevant business events. It gives reviewers context for a decision; it does not automatically make the payment or legal decision.
How is payment-party screening different from behavioural monitoring?
Payment-party screening compares parties and supported identifiers with enabled risk sources. Behavioural monitoring analyses transaction patterns and activity. The controls may use related context, but they answer different questions and should have distinct ownership.