Embedded Finance Compliance for Platforms
Embedding financial services does not mean outsourcing all of the compliance to someone else. We help platforms understand which obligations are truly theirs and build the controls their embedded offering actually requires.
Who Actually Owns the Real Obligation
When you embed payments or accounts through a provider, it is easy to assume they carry all the compliance. In practice, responsibility is shared and depends on who holds funds, who onboards customers, and who controls the money. We help you see exactly which obligations sit with your platform rather than your provider.
Shared Stack, Split Duties
An embedded finance stack spreads roles across you and your provider, but regulators still expect each duty to be met. Embedding payment functions can pull your platform into Bank of Canada or FINTRAC obligations, and AML responsibility has to be clearly allocated. We help you map the split, close the gaps, and make sure nothing important falls between you and your partner.
Responsibility Mapping
We clarify which compliance obligations sit with your platform and which with your provider.
Regime Assessment
We assess whether your embedded activity pulls you into payment or money services rules.
Control Building
We build the AML and compliance controls your embedded offering actually requires.
Partner Alignment
We help align compliance responsibilities between your platform and your provider clearly.
Ready to Simplify Your Compliance?
Platforms We Support and Guide
We support software platforms, online marketplaces, retail and gig apps, and the many other businesses embedding payments, wallets, or accounts into their products under the PCMLTFA and Canadian payment regimes.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Platforms Choose Our Compliance
Obligation Clear
We pin down exactly which duties are yours, so you never assume your provider covers what is actually your platform’s.
Gaps Closed
We find and close the gaps in a split stack, so nothing important falls between your platform and your partner.
Properly Placed
We assess whether your embedded activity triggers Canadian registration, so your platform sits correctly within the regime.
Serving Platforms Across Canada
We support embedded finance platforms right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign platforms embedding finance for Canadian users wherever they are based.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
Embedded Finance Questions
Clear answers to the questions platforms ask most about the compliance obligations of embedding financial services across Canada under the PCMLTFA.
What is embedded finance compliance?
It is meeting the compliance obligations that arise when a non-financial platform embeds payments, wallets, or accounts into its own product.
Does my provider handle all compliance?
Rarely. Responsibility is shared and depends on who holds funds and onboards customers, so some obligations usually sit with your platform.
Can embedding finance make us regulated?
It can. Embedding payment functions may pull your platform into Bank of Canada or FINTRAC obligations, depending on what you actually do.
What is the main embedded finance risk?
Unclear responsibility. When duties are split between platform and provider, obligations can fall through the gap unless the split is clearly mapped.
Do you work with our provider?
Yes. We help align compliance responsibilities between your platform and your provider, so each duty has a clear and accountable owner.