OnBoard

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For businesses in the finance, payments, and fintech sectors that manage the onboarding process for merchants or partners under stringent compliance requirements, having a system that manages KYC, KYB, AML, risk assessment, and various workflows within a single platform is crucial for increasing efficiency and reducing operational risk.

MVSI OnBoard is a Merchant Onboarding and Compliance Automation platform designed specifically for the financial and payment services industry. The system enables businesses to manage the onboarding process from start to finish, including application, data verification, risk assessment, approval, contract signing, and ongoing customer follow-up after activation.

This platform is focused on helping organizations reduce manual tasks, minimize data redundancy, and enhance compliance controls, while supporting business expansion across multiple regions, brands, and channels under a single system.

Overview and general information about MVSI OnBoard.

MVSI OnBoard is an end-to-end merchant onboarding and compliance platform developed by MVSI. It was launched on March 30, 2019, and is headquartered in Australia.

The system is designed for businesses subject to regulation and compliance requirements, such as payment providers, merchant acquirers, PayFacs, fintech companies, financial institutions, and business lenders, that need to manage enterprise-level customer onboarding processes.

OnBoard by MVSI integrates key functions into a single system, including:

• Digital Onboarding

• KYB (Know Your Business)

• KYC (Know Your Customer)

• AML Screening

• Sanctions & PEP Checks

• Risk Decisioning

• Underwriting

• Contract Automation

• Ongoing Customer Due Diligence (OCDD)

• Re-KYC Monitoring

One of the platform's key advantages is its ability to collect data only once and then reuse it across all workflows. This reduces duplicate data requests, minimizes friction in the application process, and speeds up customer approval.

In addition, MVSI OnBoard supports White-Label Onboarding, enabling organizations to create a fully branded onboarding experience across design, workflow, products, and channels.

MVSI OnBoard Licensing and Regulation

According to the information provided by the company, MVSI OnBoard is a provider of Merchant Onboarding and Compliance Software for the financial and payment services industry. However, no information was provided regarding specific financial licenses or regulatory bodies.

However, the platform is designed to support businesses operating under specific compliance and regulatory requirements, such as:

• AML Compliance

• KYC / KYB Verification

• Sanctions Screening

• OCDD Processes

• Risk Governance

• Audit Readiness

The system therefore focuses on helping organizations comply with legal and compliance requirements more effectively through workflow automation and risk controls within the platform.

MVSI OnBoard's core services and solutions.

MVSI OnBoard provides comprehensive Merchant Onboarding and Compliance Infrastructure services, covering key aspects of the customer verification and approval process.

The platform's main services include:

Digital Merchant Onboarding

A digital registration and onboarding system with Smart Forms that helps collect customer data systematically.

KYB / KYC / KYE Verification

Supports verification:

• Know Your Business (KYB)

• Know Your Customer (KYC)

• Know Your Employee (KYE)

AML & Risk Screening

Supported:

• AML Screening

• Sanctions Checks

• PEP Screening

• Adverse Media Checks

• Beneficial Ownership Verification

Risk Scoring & Automated Decisioning

The system helps assess risk and create automated approval workflows based on defined risk rules.

Contract Automation

Supports creating dynamic offers and contracts with digital signing.

OCDD & Re-KYC

Supports ongoing customer due diligence and re-KYC tracking after customer approval.

OnBoard AIQ

AI-powered document processing system to help:

• Read the document.

• Extract data

• Validate Inputs

• Trigger Workflow Actions

AIQ SiteScanner

A tool for detecting website risk and helping to analyze the risk to clients' websites.

White-Label Onboarding

We support the creation of onboarding systems under the client's own brand, in the following formats:

• Direct Onboarding

• Partner-led Onboarding

• Reseller Networks

• Multi-brand Organizations

AML On Demand

Support services for organizations requiring management:

• High-volume Onboarding

• Compliance Remediation

• Complex AML Workflows

The target customer group for MVSI OnBoard.

MVSI OnBoard is designed for businesses that need to manage onboarding and compliance processes at the enterprise level, especially those with complex risk and regulation challenges.

Our main customer groups include:

• Payment Providers

• Merchant Acquirers

• PayFacs

• ISOs and Reseller Networks

• Fintech Companies

• Business Lenders

• Banks & Financial Institutions

• Cross-border Payment Providers

• Regulated SaaS Providers

• Enterprise Teams that manage multiple brands, regions, or partner channels.

Key features and differences of MVSI OnBoard.

One of the key advantages of MVSI OnBoard is that it integrates the entire onboarding process into a single platform, including:

• Applications

• Verification

• Compliance Checks

• Risk Decisioning

• Underwriting

• Contracts

• Approvals

• Activation

• Ongoing Monitoring

Instead of organizations having to use multiple separate systems, OnBoard integrates all workflows into a single system, enabling:

• Get faster Merchant approval.

• Reduce manual work.

• Reduce duplicate data transmission.

• Add Audit Readiness.

• Better compliance control.

Another key strength is its White-Label Capability system, which allows organizations to fully create onboarding experiences under their own brand, even though the infrastructure and compliance engine is driven by MVSI in the background.

Strengths of MVSI OnBoard

MVSI OnBoard has several strengths for the financial and Fintech businesses, including:

• End-to-End Onboarding within a single system.

• White-Label Onboarding for Large Organizations

• Automated Risk Rules and Decision Making

• Supports businesses with high compliance complexity.

• Workflow and risk models are customizable.

• Supports OCDD and Re-KYC.

• AI-powered Document Processing

• Supports multi-channel and partner-led onboarding.

• Supports business expansion across multiple countries, languages, and products.

Limitations and challenges of MVSI OnBoard.

Although MVSI OnBoard offers high capabilities in workflow automation and compliance, the platform may be more suitable for organizations with complex onboarding and regulation processes than for smaller businesses with less complex workflows.

Because the system is highly customizable, implementing it may require advance planning, such as:

• Workflow Design

• Approval Rules

• Data Integrations

• Risk Models

• Branding Configuration

• Compliance Processes

However, for enterprise-level organizations, implementing these systems from the outset is crucial for achieving long-term efficiency, reducing manual work, and better supporting future business expansion.

Awards and recognition in the industry.

MVSI OnBoard has been selected as a finalist in two categories for the FinTech Australia 2026 Finnies Awards:

• Excellence in Regtech

• Most Innovative Fintech Product or Service

Being nominated at this event reflects the advancements in RegTech and Compliance Automation technologies that meet the needs of modern financial businesses.

Customer service and contact channels.

Official website:
https://www.mvsi-onboard.com/

Contact information:
https://www.mvsi-onboard.com/contact

The system supports multiple languages, including:

• Czech

• Danish

• Dutch

• English

• Finnish

• French

• German

• Hungarian

• Italian

• Latvian

• Norwegian

• Romanian

• Spanish

• Swedish

Summary of MVSI OnBoard

MVSI OnBoard is a Merchant Onboarding and Compliance Automation platform designed for financial and payment services businesses that need to manage KYC, KYB, AML, Risk Assessment, and Customer Due Diligence workflows under complex regulatory requirements.

A key highlight of the platform is its integration of all onboarding processes into a single system, supporting white-label experience, AI-powered automation, OCDD monitoring, and enterprise-level workflow configuration.

The platform is ideal for organizations looking to speed up customer approvals, reduce manual work, and improve compliance control, especially payment, fintech, banking, and merchant acquisition businesses operating across multiple channels, regions, or brands.

However, due to its relatively high level of customization, implementing the system may require proper planning and workflow definition from the outset to ensure that the platform's full potential can be utilized in the long term.