Remove Acquisition Remove Payfac Remove Payment Features
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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Launderers usually funnel illicit money using an associate’s cash-generating business or inflating their invoices. To that end, PayFacs must detect, manage, and categorize risky accounts.

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Stax Celebrates 10 Years: Looking Back at a Decade of Growth and Payment Innovations

Stax

The year 2024 is a special one for everyone at Stax because we’re celebrating a decade of transforming the payments industry and supporting our merchants and partners with innovative technologies and unwavering support. From multiple acquisitions to leadership changes, the company has continuously evolved.

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Checking all the boxes

Payrix

While the decision to embed payments was an easy one, the process of choosing payment options that meet ever-evolving customer needs is ongoing. Durrett explained that Storable is the culmination of several best-in-class acquisitions, including multiple software companies, a marketplace company, and a couple of insurance companies.

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Generating growth: Insights from a former software company CRO | Episode 37

Payrix

Before joining Worldpay for Platforms, he was CRO at Chargebee, a subscription revenue management platform that manages billing subscriptions and payments for companies throughout the world. I mean, we have a PayFac customer right now, that’s transitioning their whole payments model.

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