Compliance Infrastructure

Mural Pay provides comprehensive compliance infrastructure enabling businesses to meet regulatory requirements for money transmission, KYC/KYB verification, transaction monitoring, and reporting across jurisdictions in the Americas. The platform handles the complexity of cross-border payment compliance, allowing businesses to focus on their core operations while maintaining regulatory adherence.

KYC and KYB Requirements

The platform implements comprehensive Know Your Customer (KYC) processes for individual account holders and Know Your Business (KYB) verification for corporate entities. Individual KYC requirements include identity verification, address confirmation, and sanctions screening. Business KYC involves entity verification, beneficial ownership identification (BOI), and corporate documentation review. The platform supports both full KYC flows for direct customers and Terms of Service reliance models for embedded finance partners.

Transaction Monitoring and Screening

All transactions processed through the platform undergo automated screening for sanctions compliance, anti-money laundering (AML) indicators, and suspicious activity patterns. The system maintains watchlist screening against OFAC, EU sanctions lists, and other relevant regulatory databases. Businesses benefit from Mural Pay's institutional-grade compliance infrastructure without building these capabilities in-house.

Supporting Documentation and Reporting

The platform specifies clear supporting details requirements for different transaction types, amounts, and jurisdictions, helping businesses collect appropriate documentation upfront. Compliance teams can access detailed transaction records, audit trails, and regulatory reports through the platform's reporting interface. This data supports regulatory filings, internal compliance reviews, and external audits.

Simplified Compliance for Fintechs

For fintechs and platforms building embedded finance products, Mural Pay's compliance infrastructure significantly reduces the burden of regulatory implementation. Businesses can leverage Mural Pay's licenses, compliance programs, and operational expertise rather than obtaining their own money transmitter licenses and building compliance teams. This approach enables faster time-to-market and lower operational overhead for payment features.

Onboarding Flows

The platform provides streamlined onboarding flows with clear step-by-step guidance for completing KYC/KYB requirements. Businesses can customize onboarding experiences for their end users while ensuring all required compliance information is collected. API access enables fully programmatic onboarding for scalable user acquisition.