PSP Compliance Audit Services for Payment Providers
Having a program is not the same as truly knowing that it works. We independently audit a payment provider’s compliance, testing whether the controls you rely on actually hold up in Canada.
Test Whether Your Program Really Works
A compliance program can look complete on paper and still fail in practice. An audit tests what you actually do against what the regime requires, finding gaps before a regulator does. We examine your controls, records, and day to day compliance, so you know where your program is sound and where it is not.
An Independent, Evidence-Based Review
The value of an audit lies in its independence. We test your compliance against the requirements without the blind spots that come from reviewing your own work, and we back every finding with evidence. You receive a clear picture of how your program performs in practice, along with the specific issues to fix, so the review meets the effectiveness testing the regime expects of you.
Control Testing
We test whether your compliance controls actually work as they should.
Gap Identification
We find the gaps between what you do and what the regime requires.
Evidence Review
We back every finding with evidence drawn from your records and activity.
Remediation Guidance
We give you the specific issues to fix and how to address them.
Ready to Simplify Your Compliance?
Providers We Support and Guide
We support payment processors, merchant acquirers, payment gateways, money services businesses, remittance firms, and the many other payment providers testing whether their own compliance program truly works under the PCMLTFA.
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 Providers Choose Our Audit
Truly Independent
We test your program from the outside, so you get an honest picture free of self review blind spots.
Evidence Based
We back every finding with evidence, so you can trust what the audit tells you and act with confidence.
Fix Focused
We do not just find problems, we tell you exactly what to fix, so the audit leads to real improvement.
Serving Providers Across Canada
We support payment providers right across the whole of Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign providers auditing their Canadian compliance wherever they happen to be 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.
PSP Compliance Audit Questions
Clear answers to the questions payment providers ask most about auditing whether their compliance program actually works across Canada today.
What is a PSP compliance audit?
It is an independent test of whether your compliance program actually works, examining your controls and records against what the regime requires.
Is a compliance audit required?
Yes. The regime requires a periodic independent review of your program, and an audit is how you meet and evidence that obligation.
How often should we audit?
The regime expects an independent review roughly every two years, and sooner if your business or risk changes materially in between.
How does this differ from risk assessment?
A risk assessment sizes your risk going forward. An audit tests whether your existing program is working, so the two serve different purposes.
What do we get from the audit?
A clear, evidence-based view of how your program performs, with the specific gaps found and the steps needed to fix them.