Comprehensive RegTech & Security

SWiM PAY Reg-Tech and Security Features

RegTech, or regulatory technology, applies innovative techniques to help financial institutions improve their regulatory governance, reporting and compliance.

RegTech helps financial services companies maintain regulatory compliance with know your customer (KYC) and anti-money laundering (AML) regulations.

SWiM Pay complies with all regulatory and security requirements in all markets in which we operate. This ensures your funds - and your confidential data - stay safe.

KYC/AML
KYC/AML
PCI DSS
PCI DSS
PSD2
PSD2
SCA
SCA
PIV
PIV
4AMLD
4AMLD

World Class Cyber Security

SWiM PAY infrastructure employs world-class cybersecurity solutions and services for endpoint protection, detection and response capabilities. Each endpoint is secured with Trend Micro Cloud One Workload Security which includes the following security modules:

  • 1. Anti-Malware
  • 2. Firewall
  • 3. Intrusion Detection/Prevention (configured in prevention mode)
  • 4. File Integrity Monitoring
  • 5. Log Inspection
  • 6. Application Control
  • 7. EDR/XDR

Security agents are directly integrated with the Trend Micro Vision One (XDR) platform for advanced detect and respond capabilities, vulnerability management features, security event monitoring, attack surface risk management, amongst other powerful security features.

SCA - Strong Customer Authentication

We apply Strong Customer Authentication to all transactions on our platform, in accordance with the most stringent financial regulations imposed by financial regulators in the UK and EU. We apply the same requirements in all other regions we service elsewhere globally. This approach is dedicated to keeping your money as safe as possible, in all global areas.

Safety and Security of Your Funds

Your funds are safeguarded by being held centrally by NIUM Pte Ltd and its subsidiaries in each regulated area. NIUM are licenced and regulated in UK, EU, USA, Canada and APAC and financial regulators in each area control and regulate the activity of all e-money institutions such as ours, keeping your funds safe.