RiskSmart Blogs

A RiskSmart success story:  How Monavate and RiskSmart are revolutionising compliance

Written by RiskSmart Content Team | Mar 28, 2025 11:22:38 AM

In the payments world, innovation and regulation have traditionally been opposing forces. Monavate is changing that narrative. As we build payment ecosystems that disrupt the status quo, we face a complex web of multi-jurisdiction regulators and cross-border compliance requirements.

When Paul Marsden joined Monavate as Head of Risk and Eleanor Beech came aboard as Senior Onboarding & Risk Analyst, they saw an opportunity to transform risk from a necessary evil into our secret weapon.

They just needed a platform that could match our ambition and pace.

 

  

 

 

 

How RiskSmart has helped Monavate

Since partnering with RiskSmart, we've been turning audits from dreaded ordeals into showcases of our operational excellence.

"I was ambushed by a surprise PCI DSS audit last week," shares Paul. "The auditors were relentless and demanding, but RiskSmart had absolutely everything they wanted to see—sometimes before I even knew where to look! I was answering questions I didn't even know I had the answers to. It was brilliant!"

Beyond acing audits, RiskSmart has transformed how the entire organisation engages with risk. It's accelerated decision-making, turned board meetings from compliance snoozefests into strategic discussions, and become a catalyst for meaningful change throughout our fast-moving business.

 

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