StarLix CaaS
(compliance as a service)
StarLiX CaaS is a response to the needs of BaaS providers (e.g. Bank, EMI, Fintech). Specifically, in relation to their obligation to demonstrate visibility of the partners they work with and the end users to whom a financial service is provided.
What is the problem with BaaS?
Regulators are taking restrictive actions against BaaS providers where the service provider can not demonstrate adequate compliance understanding of their clients and the end-users to whom they provide financial services (e.g. vIBANs, cards, mobile wallets, etc).
‘Virtual IBANs (vIBANs) enable fast international payments that mask the identity of the master account, the issuer and country of origin, making it harder to detect suspicious transactions, and adding an extra step to investigations. The misuse of vIBANs has been observed in recent criminal investigations into various fraud types’.
Europol report, September 2023
StarLiX CaaS offers end to end transparency on multi-layered transactions. Our platform consolidates client compliance data in one place and embeds transaction data so it can be shared with regulators, banks, etc, as needed.
StarLiX services
StarLiX CaaS
Comprehensive Compliance Made Simple
- Our platform offers unparalleled compliance oversight for complex payment services, including virtual IBAN accounts.
- Enjoy a unified view of compliance data and transaction details, easily shareable with regulators and financial institutions.
- StarLiX ensures complete transparency and management of client and third-party risks in multi-layered payment scenarios.
StarLiX Token
This novel approach to correspondent banking combines transactional and compliance data with our cutting-edge, closed-loop tokenized payments technology for instant reconciliation and settlement.
StarLiX Consultancy
Offering expert advice in compliance and software development for Banking as a Service and sophisticated transaction monitoring models.
StarLiX services
StarLiX CaaS
Comprehensive Compliance Made Simple
- Our platform offers unparalleled compliance oversight for complex payment services, including virtual IBAN accounts.
- Enjoy a unified view of compliance data and transaction details, easily shareable with regulators and financial institutions.
- StarLiX ensures complete transparency and management of client and third-party risks in multi-layered payment scenarios.
StarLiX Global Asset Tracker
Keeping tabs on assets is a major responsibility. This is relevant to a multitude of businesses which deal in high value tangible assets (e.g., works of art, classic cars, yachts, real estate, etc).
StarLiX Global Asset Tracker allows ownership to be tracked at all stages and provides a complete record of who has title to the property over the passage of time.
StarLiX Token
This novel approach to correspondent banking combines transactional and compliance data with our cutting-edge, closed-loop tokenized payments technology for instant reconciliation and settlement.
StarLiX ESG
StarLiX ESG offers a solution for tracking inventory between business units in different parts of the world. StarLiX ESG tracks the various participants in this process and keeps a record of the inputs (raw materials, costs, production, etc) which contribute to the final product.
StarLiX Consultancy
Offering expert advice in compliance and software development for Banking as a Service and sophisticated transaction monitoring models.