The 2025 fintech compliance checklist
Regulations change fast. This checklist covers the essentials every fintech startup needs to address in 2025.
Introduction
Compliance is not optional in fintech. It is the foundation that allows you to operate, raise capital, and earn trust. Whether you are launching a neobank, an investment platform, or a card programme, the regulatory landscape in 2025 demands attention across multiple domains. Use this checklist to make sure nothing falls through the cracks.
KYC and AML
- ☑ Implement identity verification for all end-users at onboarding
- ☑ Screen users against global sanctions and PEP lists
- ☑ Monitor transactions for suspicious activity in real time
- ☑ File Suspicious Activity Reports (SARs) with relevant authorities
- ☑ Maintain audit trails for all verification decisions
Data protection and GDPR
- ☑ Appoint a Data Protection Officer (DPO) if required
- ☑ Implement data minimisation principles across all systems
- ☑ Provide clear consent mechanisms and privacy notices
- ☑ Enable data portability and the right to erasure
- ☑ Conduct Data Protection Impact Assessments for high-risk processing
Payment regulations and PSD2
- ☑ Implement Strong Customer Authentication (SCA) for transactions
- ☑ Support Open Banking APIs if acting as an AISP or PISP
- ☑ Ensure secure communication channels for payment data
- ☑ Maintain transaction records as required by local regulators
Licensing
- ☑ Determine which licences apply to your business model and jurisdiction
- ☑ Apply for EMI, PI, or banking licences as needed
- ☑ Consider agent or passporting arrangements for cross-border operations
- ☑ Keep licence renewals and reporting obligations on a calendar
Record keeping
- ☑ Retain transaction records for at least five years
- ☑ Store KYC documents securely with access controls
- ☑ Log all compliance decisions and policy changes
- ☑ Ensure records are readily available for regulatory audits
How Fintech Platform helps
Fintech Platform bakes compliance into its core. KYC and AML are handled through built-in integrations with providers like Sumsub and Didit. Transaction monitoring, audit trails, and record keeping run automatically. When regulations change, updates roll out across the platform so you stay compliant without lifting a finger. You focus on building your fintech product; we handle the regulatory plumbing.
