AML Training for Fintech and Payment Firms
Payment institutions, e-money firms, crypto-asset service providers and the fintechs that serve them are designated persons under the Criminal Justice Acts, authorised and supervised by the Central Bank of Ireland. Fast onboarding, remote customers and high transaction volumes are the business model, and they are also exactly where AML controls get tested first. This training is built for that.
Built for how a fintech actually onboards
Every scenario is one a payments or e-money firm meets: a customer verified entirely by app, a merchant whose volumes jump overnight, a wallet funded from a jurisdiction on the high-risk list, an agent network nobody has visited.
What the training covers
- Your obligations as a designated person under the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010–2021, as a payment, e-money or crypto-asset firm
- Non-face-to-face customer due diligence: electronic verification, when it is enough, and when enhanced measures are triggered
- Transaction monitoring at volume: thresholds, typologies and the alerts that should reach the MLRO
- Sanctions screening of customers, counterparties and payments against the EU and UN lists
- Suspicious transaction reports to FIU Ireland through goAML and to Revenue, and the tipping-off offence
Who it's for: Onboarding, operations, product, customer support and compliance staff in payment institutions, e-money institutions, crypto-asset service providers and the fintechs that build for them.
What makes it fintech-specific
Central Bank expectations
Written to what the Central Bank has set out for AML in payment and e-money firms: governance, monitoring, and the evidence it asks for at authorisation and inspection.
Electronic verification
When e-verification satisfies customer due diligence, what has to be recorded, and the circumstances in which the Act requires more.
Monitoring typologies
The patterns FIU Ireland and the Central Bank see in payment data: structuring, mule accounts, rapid pass-through and merchant fraud.
Scaling the programme
Training a team that doubles every year: enrol by invite link, let reminders chase completions, and export the record for an authorisation or an inspection.
The fintech risk picture
Where payment and e-money firms are most often found short by the Central Bank.
Remote onboarding
Identity verified by app with no human in the loop, and the synthetic or borrowed identities that pass a liveness check.
Volume without visibility
Thousands of low-value payments a day, where structuring and mule activity hide in the averages unless monitoring is tuned to find them.
Agents and distributors
Third parties onboarding customers on the firm’s licence, with the firm still responsible for the due diligence they do.
Crypto and cross-border flows
Wallet funding, conversions and corridors touching high-risk jurisdictions, where enhanced due diligence is required rather than optional.
The recommended pathway
Five courses of 30 to 40 minutes that together cover what a supervisor expects of this sector. Enrolled from one dashboard, evidenced from one audit export.
Each course ends in a randomised exam rather than a recap slide, and issues a timestamped certificate stating the outline covered. The Harrington Hub tracks completion, chases the stragglers automatically and exports the whole record when you need it.
AML Training for Fintech and Payment Firms, answered
The questions this sector asks us most.
Talk to usYes, where the firm is a designated person. Payment institutions, e-money institutions and virtual asset service providers are designated persons under the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010–2021, and section 54 requires them to train the people involved in their business on the law and on recognising suspicious transactions, on an ongoing basis. The Central Bank tests this at authorisation and at inspection.
The Central Bank of Ireland, which authorises payment and e-money institutions, registers or authorises crypto-asset service providers, and supervises their AML and counter-terrorist financing compliance. Suspicious transaction reports go to FIU Ireland and to Revenue.
Yes. It covers when electronic identity verification satisfies customer due diligence, what has to be recorded, and when the Act requires enhanced measures, using scenarios drawn from app-based onboarding.
Yes. Learners enrol by invite link or a list upload, complete the course in about 40 minutes in any browser, and the completion record and certificates export in one click. Annual re-enrolment runs automatically, which matters when the team doubles between inspections.
Get your fintech audit-ready before the Central Bank asks.
We will show the fintech scenarios, the randomised exam and the certificate, with your own team on the dashboard.