Navigating innovation, regulation and financial crime risk
The digital financial ecosystem is evolving rapidly. Electronic Money Institutions, Payment Service Providers, Payment Institutions, FinTechs and emerging digital finance businesses are transforming how financial services are delivered, while embedded finance, Banking-as-a-Service, open banking and Web3 are creating new opportunities and new sources of risk.
Kharis & Knoble helps organisations across this ecosystem navigate complex regulatory, compliance, risk and financial crime challenges while building proportionate, effective and sustainable frameworks for growth.
EMIs PSPs Payment Institutions FinTechs Embedded finance providers Banking-as-a-Service businesses Digital financial platforms Open banking businesses Web3 businesses and affiliates Technology providers supporting regulated financial services
The speed, accessibility and interconnected nature of digital financial services can increase exposure to money laundering, terrorist financing, fraud, sanctions breaches and other financial crime risks. Complex ownership structures, intermediaries, cross-border activity, high transaction volumes, digital onboarding and increasingly sophisticated technology can create additional challenges for firms and their control environments.
We help organisations understand these risks and build controls that are proportionate to their business model, customer base, products, jurisdictions and risk appetite.
Our Expertise
Assessing enterprise, customer, product, geographic and channel risks and identifying areas requiring enhanced controls.
Designing and strengthening risk-based frameworks covering KYC, CDD, customer risk assessment, transaction monitoring, investigations and reporting.
Strengthening sanctions governance, screening, controls, escalation and assurance.
Helping firms prevent, detect and respond to evolving fraud risks, including technology-enabled and payment fraud.
Designing practical operating models, governance structures, policies, procedures and controls that support sustainable compliance.
Supporting customer due diligence enhancement, remediation programmes and large-scale KYC reviews.
Assessing and enhancing monitoring frameworks, detection capabilities, alert management and control effectiveness.
Supporting new and existing firms preparing for regulatory authorisation, registration, licensing or expansion into new markets.
Helping organisations respond effectively to regulatory findings, independent assessments and required remediation programmes.
Helping firms transform their compliance and financial crime functions to become more effective, scalable and technology-enabled.
Helping organisations use technology, AI and data intelligently to improve compliance effectiveness, strengthen detection and manage risk.
Providing independent challenge and assurance over financial crime, compliance and risk frameworks.
We recognise that no two digital financial businesses are the same. A start-up preparing for authorisation has very different needs from an established EMI, PSP, FinTech or Banking-as-a-Service provider operating across multiple jurisdictions.
Our approach is therefore practical, proportionate and risk-based, combining regulatory insight with deep financial crime expertise and an understanding of the commercial realities of digital financial businesses.
We help clients not simply to meet regulatory requirements, but to build effective, scalable and future-ready risk, compliance and financial crime capabilities that support innovation and sustainable growth.
From payments and embedded finance to open banking and Web3, Kharis & Knoble helps digital financial businesses navigate complexity, manage risk and grow with confidence.
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