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Juniper Payments to Distribute RegSmart Risk Management Solutions January 4, 2019 ·  Wichita, Kansas

Plano, Texas: RegSmart will deliver its best-in-class BSA/AML risk assessment and audit software-as-a-service through Juniper Payments.  RegSmart is the financial services industry’s premier solution for automated Bank Secrecy Act/anti-money laundering (BSA/AML) risk assessment and audit software. Juniper Payments delivers payment transaction, risk management, and reporting services to 4,000 banks and credit unions in the United States directly and through correspondent relationships. Juniper’s all-inclusive correspondent platform, Correspondent Gateway, is built and scaled specifically for correspondent financial institutions and combines payment, receipt, exception management, risk monitoring.  With RegSmart’s suite of BSA/AML risk management SaaS, Juniper brings its customers, smart, effective, efficient risk management and regulatory compliance software that adds a powerful tool in the fight against money laundering and terrorist financing to its ecosystem. 

 “We are proud of our affiliation with Juniper Payments, which leads the financial services industry in correspondent payment processing and has unprecedented reach to community banks and credit unions,” says Mark Stetler, CEO of RegSmart. “Juniper’s reputation for excellence and service to its customers makes it the perfect platform for RegSmart,” according to Stetler. Juniper Payments CEO Jon Budd said, “We are always working internally to develop new services and enhance our existing product line, but sometimes it’s best to integrate with the expert in the field.  RegSmart’s anti-money laundering risk assessment and audit software distinguished itself in our evaluations of compliance and risk management solutions and we are thrilled to bring RegSmart to our customers.”

 Juniper Payments is branding the RegSmart solution as JuniReg - BSA. The valued partnership between Juniper Payments and RegSmart also yields a favorable opportunity for Juniper’s client FI’s with special customer pricing. 

RegSmart’s industry-leading BSA/AML risk management solution includes a complete, automated BSA/AML risk assessment and a complete BSA audit, best practice guide, and examination preparation engine.  The audit engine allows a financial institution to:

  • Materially reduce audit costs by answering audit questions in advance,
  • Efficiently and effectively assess its BSA compliance posture against best practices and current regulatory guidance, and
  • Systematically prepare for regulatory examinations with a self-assessment designed to simulate a complete exam and identify any necessary improvements.   

About RegSmart:

 RegSmart offers best-in-class automated BSA/AML risk assessments and audits. Supported by subject matter experts, RegSmart collects data with intuitive wizards and stores that data for regulatory compliance and change management. RegSmart delivers complete, plain language reports with actionable intelligence. Please visit us at www.beregsmart.com.